China Merchants Energy Shipping states that the company has no ships in the Persian Gulf; oil tanker freight rates have surged.

GateUser-bd883c58 · 2026-04-01T10:28:47+00:00

Ask AI · How does geopolitical risk drive the surge in oil tanker freight rates?【China Merchants Energy Shipping states that the company has no ships in the Persian Gulf; oil tanker freight rates have surged】Cailian Press, March 25 — A person from China Merchants Energy Shipping's securities department revealed today that the company currently has no ships stranded in the Persian Gulf, and there are no plans to pass through risk zones after the war. Instead, they are using other shipping routes. Currently, oil tanker freight rates have increased by over 50% compared to before the war.

GateUser-bd883c58

2026-04-01 10:28:47

Ask AI: How geopolitical risk is driving oil tanker freight rates to skyrocket?

【China Merchants Ship-Ping said the company has no vessels in the Persian Gulf, as oil tanker freight rates surged】The Securities Times reported on March 25. A spokesperson from China Merchants Ship-Ping’s securities department said today that, currently, the company has no vessels detained in the Persian Gulf, and after the war there are no plans to pass through risk areas; instead, it is taking other shipping routes. Currently, tanker freight rates are up more than 50% compared with before the war.

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