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Affected by the war in Iran, tanker freight rates soared sharply, attracting new investors to the global shipping industry. Wave Tanker Shipping ETF has increased as much as 3,700% this year, and the global fleet is expected to earn more than 300 billion US dollars this year. The one-year rental price for very large crude oil carriers almost tripled over the same period last year, reaching nearly 150,000 US dollars per day, and the ship price skyrocketed.
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Affected by the war in Iran, tanker freight rates soared sharply, attracting new investors to the global shipping industry. Wave Tanker Shipping ETF has increased as much as 3,700% this year, and the global fleet is expected to earn more than 300 billion US dollars this year. The one-year rental price for very large crude oil carriers almost tripled over the same period last year, reaching nearly 150,000 US dollars per day, and the ship price skyrocketed.
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