Russian shipping costs rose after US price cap action
IEA says Russian volumes and revenues were barely changed in October despite US targeting ships for the first time
Russian shipping costs rose after US price cap action Read More »
Oil demand rising as US barrels flow amid volatility
IEA upgrades forecast for global demand backed by China’s petrochemical sector
Oil demand rising as US barrels flow amid volatility Read More »
Brazil well placed to tap into long-haul oil trade to China
Financial and geopolitical ties between the two countries could help drive up rates for VLCCs in 2024, says Danish Ship Finance
Brazil well placed to tap into long-haul oil trade to China Read More »
VLCC rally from US Gulf expected despite election uncertainty
Dozens of the largest crude carriers are ballasting to the US to tap into promising rates
VLCC rally from US Gulf expected despite election uncertainty Read More »
Rosatom: Fesco takeover part of plan to build cheap Europe-Asia shipping route
Rosatom CEO says goal of Northern Sea Route is to attract ‘significant’ portion of global shipping
Rosatom: Fesco takeover part of plan to build cheap Europe-Asia shipping route Read More »