8 articles
Hunter Group ASA disputes $100 million in unpaid charter fees with Mercuria Energy Group over the TD3C oil tanker rate index following Iran war disruptions. The London court ruling impacts billions in
Mercuria Energy Group alleges the Baltic Exchange pressured brokers to submit oil tanker rates during the Iran war. The trial disputes the validity of benchmark TD3C freight rates amidst severe disrup
US-China supertanker freight rates eased to $634,974 per day from a record high, per Baltic Exchange data. The decline may alleviate pressure on Asian refiners who previously sought alternatives to US
Oil tanker shipping rates reached record highs due to escalating attacks between the U.S. and Iran in the Middle East. Baltic Exchange data shows VLCC rates from the Gulf of Oman to China rose to roug
The Baltic Exchange defended its oil tanker benchmark reliability against a lawsuit by commodity trader Mercuria, claiming losses from disputed freight rates during the Iran conflict. The Exchange mai
Mercuria Energy Group sued the Baltic Exchange over oil tanker rates, alleging government-brokered deals enabled crude transit through the Strait of Hormuz during the Iran conflict. The trader claims
Mercuria Energy Group sues the Baltic Exchange over distorted oil freight benchmarks linked to Strait of Hormuz disruptions, claiming hundreds of millions in losses. The case underscores volatility in
Mercuria Energy Group sued the Baltic Exchange over alleged distortion of the TD3C oil shipping benchmark, claiming hundreds of millions in losses. The dispute arises from difficulties assessing rates
ChemBrief