This is so rubbish. This is why so many people in Britain are so pessimistic: we’ve somehow lost the ability to do almost anything at scale that needs doing.
$1.29m/day.
That's the reported TCE for a VLCC on MEG → Singapore.
MEG → China: ~$1.25m/day
Average VLCC round voyages: ~$831k/day
Eco-scrubber average: ~$850k/day
This is what a freight boom looks like.
Another 12 years to build a strip of concrete. Another three years just to get planning permission for it. China built an entire four-runway airport in five years. When it comes to building anything, this country is absurd.
https://t.co/uWACkis9Em