Weight of Freight: The cost of maritime uncertainty

This podcast explores how escalating Middle East tensions disrupted crude and clean tanker markets in June-July, driving volatility in freight rates, trade flows and shipping risks.

The discussion focuses also on the growing role of AWRPs and alternative loading routes, including Argus' new clean tanker freight assessments from the Gulf of Oman and India's west coast.

Key Topics Discussed

• Escalating security risks in the Strait of Hormuz, Gulf of Oman, Red Sea and Bab el-Mandeb.
• The impact of the conflict on crude tanker freight rates and vessel availability.
• Volatility in CPP tanker markets across the LR2, LR1 and MR segments.
• Rising AWRPs and their influence on freight costs.
• Alternative loading routes and the launch of Argus' new clean freight assessments from the Gulf of Oman and India's west coast.