Michelle Wiese Bockmann
Principal Analyst, Lloyd's List Intelligence
Latest From Michelle Wiese Bockmann
Russia oil logistics hotspot off Greece interrupted
Laconia Bay, a ship-to-ship transfer hotspot for Russian crude off the Greek coast, is free from Russian oil-carrying ships for the first time in the past 18 months amid reports of a Greek naval exercise taking place
High freight premiums to ship Russian crude supercharge profits for sanctioned trades
Freight assessments from Argus Media highlight challenges facing Western regulators in enforcing the G7 price cap on Russia’s oil and shipping sector
Parallel fleet of dark tankers shipped just over half of Russian oil in April setting fresh record
Sixty-four percent of tankers calling at the Federation’s ports in April, measured by deadweight, had no known P&I insurance
‘Leaky’ Russia oil price cap being ‘breached left and right’, UK parliamentary inquiry told
The Treasury Select Committee, investigating whether Russian sanctions are working, was told of the parallel fleet operating outside G7 countries’ control to ship Russia’s crude and evade sanctions
‘Alarming’ rise in seafarer abandonment cases seen in 2024
Size and scale of problem seen escalating dramatically with numbers of cases already three times higher than four years ago
Iran defends MSC Aries hijack as ‘technical issue’ at IMO meeting
More than 30 countries condemn Iran’s seizure of containership on April 13 and deadly attacks on international shipping in the Red Sea by Iran-backed Houthis