Paul Peachey

Shipowners remain in the dark about the scheme as the European Union has yet to set a price level

Sanctions expert says measures to limit Vladimir Putin’s profits from energy sales have not been thought through

Reshuffle of Russian oil trades will give increased voyage distances for crude and product tankers

Pool operator secures cash standby for high bunker prices and fortnightly payments to owners

The 26 seafarers have been held since 12 August for alleged oil theft and falsely reporting piracy