Stranded fuel ships cost taxpayers thousands daily | Sunrise

By Sunrise

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Taxpayer-funded diesel shipments are stranded off Australia's coast due to insufficient storage capacity, with dozens of vessels moored and unable to make port. The government subsidised extra fuel imports during concerns about supply disruptions from the Strait of Hormuz conflict, resulting in approximately 10% more imports than normal. Each stranded ship incurs costs between $30,000 to $90,000 per day, expenses that will ultimately be passed on to consumers through higher fuel prices. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook » https://www.facebook.com/Sunrise Instagram » https://www.instagram.com/sunriseon7/ TikTok » https://www.tiktok.com/@sunriseon7 X » https://x.com/sunriseon7 #SunriseOn7 #7NEWS

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