Senior Angelicoussis executive expects sanctions on Russian products to have similar effects as the one on crude
New Russia ban will lead to higher freight rates, says Angelicoussis’ Stohle Read More »
Trading house moves to sue alleged fraudsters, with poss potentially taking a chunk of its profits
Trafigura sets aside $577m for potential losses after nickel cargoes turn up nickel-less Read More »
Offshore wind player benefitted from better than expected fleet utilisation as it hashes out a contract for second WTIV newbuilding
Tailwinds: Eneti shares surge 12% after earnings beat estimates Read More »
Nine companies connected to alleged frequent offender Triliance Petrochemical land on US blacklist
US continues crackdown on Iranian petroleum exports with fresh round of sanctions Read More »
Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms, some with Russian connections.Most of the winners from the sanctions are based in China, India…
Lost Russian Oil Revenue is Bonanza for Shippers, Refiners Read More »