Russian oil revenues surge after price cap breaches
Production cuts led by Saudi Arabia and Russia have increased oil prices and boosted the Kremlin’s coffers
Russian oil revenues surge after price cap breaches Read More »
UK shipping demands $2bn-a-year to become decarbonisation leader
Maritime UK says current government investment falls far short of sum needed by industry
UK shipping demands $2bn-a-year to become decarbonisation leader Read More »
We’re not buying, say tanker owners as newbuild prices soar
Frontline, Euronav and OET say they are focused on securing earnings from their current fleets
We’re not buying, say tanker owners as newbuild prices soar Read More »
Euronav’s two-year VLCC time charter ‘just the start’ in strong tanker market
The company says charterers will look to tie down tonnage on long-term deals with the tanker orderbook at a 30-year low
Euronav’s two-year VLCC time charter ‘just the start’ in strong tanker market Read More »
Empire Navigation admits role in Iranian oil smuggling operation
Greek operator agrees to pay $2.47m and to help the US government unload the cargo of sanctioned oil in Houston
Empire Navigation admits role in Iranian oil smuggling operation Read More »