It will be some time yet before we can know the consequences for certain. Whatever they are, there is little alternative to living with them
How tankers sold in the red-hot tanker sale and purchase market are supercharging dark fleet oil trades
The demand for elderly tankers for sanctioned Russia-based, Venezuela-based and Iran-based oil trades has lifted secondhand prices by as much as 50% across some segments over the past six months and expanded the fleet of vessels operating in the dark fleet to more than 320
Demand for travel under the initiative has increased, but daily inspections have not grown at a level needed to meet this demand. This has created a logistics bottleneck
Dark-fleet tankers ship one third of Russian oil, with at least six newly sold elderly tankers lifting crude from the federation for the first time over the past month
Two general cargoships were hit in Kherson during an attack
Bangladesh officials are hoping Russia delivers equipment for a nuclear power plant using an unsanctioned vessel
Vessel unable to unload cargo for the Rooppur nuclear power plant in Bangladesh due to US sanctions
Company says it has benefited from impact of the conflict in Ukraine on shipping markets
Ukraine attributed the normalisation of trade logistics in part to the implementation of the Black Sea Grain Initiative and increase of cargo transhipment in the Danube ports
Movement of volumes to Russia’s far east ports fails to stem the tide. Box volumes fall by over half in final quarter of 2022
The Black Sea Grain Initiative is inherently flawed and it doesn't take a stretch of the imagination to think it could fall apart at a moment's notice. But even with its limitations and drawbacks it is a success diplomatically and economically. This week’s podcast examines whether that will be enough to sustain it through the turmoil that lies ahead
The mining and metal industry of Ukraine provided about 10% of GDP and 33% of exports before Russia’s invasion, data shows
After a year in which North agreed to merge with Standard and some clubs found themselves inadvertently covering sanctioned Russia cargoes, what will the new policy year bring?
Company stands to profit from low orderbook and geopolitical uncertainties and is ‘highly optimistic’ about the future, according to chief executive
Europe stepping up diesel shipments from Middle East Gulf and India ahead of February 5 ban on Russian imports
Operations at the port of Mariupol are thought to have started at the end of May, but this is the first journey that can be confirmed with AIS data
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