$2M/ship is $1/barrel for VLCCs, but it's a lot more for smaller ships. Practically, nobody will use a ship smaller than a VLCC with the toolbooth.
VLCCs are already 2/3 the oil traffic, but yeah, rough day to be a small ship with cheap cargo.
Maybe they'll end up with a sliding scale fee based on ship size/capacity
VLCCs are already 2/3 the oil traffic, but yeah, rough day to be a small ship with cheap cargo.