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Economy

Shipping Corporation crude tanker faces $5.4 million cost hike due to detour

A crude oil tanker operated by the Shipping Corporation faces a $5.4 million increase in transport costs following a forced route diversion.

TBS Bangladesh ยท 30 July 2026, 11:00 AM

According to documents from the Shipping Corporation, a crude oil tanker carrying 100,000 tonnes of cargo has been forced to take a long detour. This diversion is expected to delay the shipment by approximately one month and increase total transportation costs by as much as $5.4 million.