Court Smith

US-Iran tension to shift VLCC traffic elsewhere

Published by Kathimerini on Thu, 06/27/2019 - 19:10

VesselsValue has published its assessment of the likely impact of an escalation in the standoff between the United States and Iran on the tanker market, particularly very large crude carriers (VLCCs), a market where Greek shipowners control 23.8 percent of the global fleet by ship number, according to the shipping vessel database service.