The ships shortage is an underreported problem. Follow this guy https://nitter.net/ed_fin https://nitter.net/ed_fin (LLMs are good at explaining the jargon).

The ships shortage is an underreported problem. Follow this guy https://nitter.net/ed_fin https://nitter.net/ed_fin (LLMs are good at explaining the jargon). Shipping just got 3-4 times more expensive. Not just crude oil, also bulk, chemicals... There are not enough ships and there is not enough bunker diesel - normally costs 400$/t, now 1100$/t https://shipandbunker.com/prices/apac/ea/cn-hok-hong-kong https://shipandbunker.com/prices/apac/ea/cn-hok-hong-kong