The latest tanker explosion in Middle East has failed to move tanker rates by much, with the market’s focus firmly on the Opec+ meeting on 1 December.
News broke on Wednesday that the 107,000-dwt Agrari (built 2009), managed by TMS Tankers, was attacked while at berth in Shuqaiq on the Red Sea shore of Saudi Arabia.
A blast, possibly caused by mine, ripped a breach in the hull of Agrari, which had discharged fuel oil for power generation in the kingdom.
