Shanghai Shipping Exchange: Crude oil freight rates soar to high levels.

On April 11th, the weekly report on the Chinese oil tanker transportation market issued by the Shanghai Shipping Exchange showed that the global crude oil transportation market saw an upward fluctuation in VLCC tanker rates, and the prices in the Chinese import VLCC transportation market surged to a high level. On April 9th, the Shanghai Shipping Exchange released the Chinese import crude oil composite index at 5601.36 points, a 21.4% increase from April 2nd.