Search For "shipping costs"
Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 3 months, 4 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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Attacks on merchant vessels in Red Sea have tripled transportation cost, s
Updated : 2 years, 2 months ago IST
Weighing in on attacks on merchant ships by Yemen-backed armed Houth rebels in the Red Sea, Raajesh Bhojwani, the Chief Executive Officer (CEO) of RBB Ship Chartering, on Friday said the shipping costs have gone up manifold in the wake of these incidents.
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