October 2019 – AWR Lloyd

AWR Lloyd interviewed on Al Jazeera: Middle East tanker sanctions

A few years back you could rent an oil tanker for less than the price of hiring a Ferrari. But now, the cost of shipping crude around the world has shot up to 11-year highs after the United States blacklisted Chinese ships. More than 40 tankers (of which almost half are VLCC’s), operated by China’s … Continued