News for the seafarers
MOSCOW, Jan 31 (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held below an international price cap, according to…
By Julian Lee (Bloomberg) — Russia’s seaborne oil flows look as if they are moving higher. Two possible explanations: the nation is pushing more cargoes onto the water after Germany and…
By Chunzi Xu (Bloomberg) — New York and much of the East Coast are at risk of a gasoline shortage this summer as the European Union’s ban of Russian fuel threatens to choke…
By Captain Stephen M. Carmel (Maersk Line Limited via CIMSEC) The Department of Defense is projected to need on the order of one hundred tankers of various sizes in the…
French shipowner turns to auxiliary wind propulsion to help decarbonize. French tanker company Socatra has entered into a contract with Norsepower to retrofit one of its medium range tankers with…
By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Jan 13 (Reuters) – At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and tracking data, as Moscow seeks…
By Julian Lee (Bloomberg) — Sweeping European sanctions on the purchase and transportation of Russian oil have prompted the country to transport more crude on its own tankers. The European Union…
By Kevin Whitelaw (Bloomberg) — Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those that trade at higher prices than…
By Stephen Treloar (Bloomberg) — Frontline Plc, the shipping giant controlled by billionaire John Fredriksen, gave up plans to buy Euronav NV and create the world’s largest publicly listed oil-tanker company…
MOSCOW, Dec 22 (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December, after a Western price cap and an…