Sunday, March 11, 2018

How much profit do oil tankers make?

In the TV show "Launching a Big Fat Greek Supertanker" they mention that the tanker costs 100 million dollars to make, and will make back this in profit after just 4 round trips from Saudi Arabia to Texas. Its cargo is worth $96 million, so that's probably a 25% markup for transporting the oil. http://mediacommons.futureofthebook.org/content/superships-s1-e1-launching-big-fat-greek-supertanker

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