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Bahri Charters Five Supertankers as Rates Approach $200K/Day

freight_commodity_indices UTC: 2026-02-25 17:08:08

Saudi Arabia's National Shipping Co. (Bahri) provisionally hired at least five supertankers as freight rates approach $200,000 per day, the highest since 2020. The bookings signal rising Saudi crude exports to Asia amid geopolitical tensions in the Strait of Hormuz.

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