LSEG analysis identifies cost pressures from Red Sea diversions
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra USD932,905 per voyage while increasing transit time from 16 days to 32 days according to a report by LSEG Shipping Research.
The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra USD932,905 per voyage while increasing transit time from 16 days to 32 days according to a report by LSEG Shipping Research.
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