World Bank: G7 price cap ‘unenforceable’ as Urals price rises
Growth of so-called ‘shadow’ fleet has allowed Russia to trade outside of price cap
World Bank: G7 price cap ‘unenforceable’ as Urals price rises Read More »
VLCC rates hit four-month high as Asian refiners look West
Owners in the Middle East hold back on fixtures with hope of better rates soon
VLCC rates hit four-month high as Asian refiners look West Read More »
Jailed Russian shipping tycoon targets Fesco assets
Shipping and port player Ziyavudin Magomedov is claiming nearly $14bn over the loss of his business empire
Jailed Russian shipping tycoon targets Fesco assets Read More »
Surging suezmax rates outstrip VLCCs from the US Gulf Coast
Argus Media says strong winter demand from Europe is driving rates for midsize tankers
Surging suezmax rates outstrip VLCCs from the US Gulf Coast Read More »
Oil tankers detained off Malaysia after ‘unauthorised’ STS operation
Senior Malaysian coastguard official says the masters of the two vessels are being investigated for obstructing the work of officials
Oil tankers detained off Malaysia after ‘unauthorised’ STS operation Read More »