![Maersk Line – How Do Ships Ride Out Storms Like Hurricane Sandy? [INTERVIEW]](https://gcaptain.com/wp-content/uploads/2012/10/Picture-53.jpg)
[vimeo]http://vimeo.com/52383530[/vimeo]
Steffen Conradsen, Head of Global Execution at Maersk Line, the world’s largest containership owner, gives us some insight into the decision-making process when ships encounter storms like Hurricane Sandy.
For more information on riding out storms at sea, check out “Riding Out a Hurricane in a Ship“.
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The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis Dombrovskis said on Monday.
The prospect of a deal over Iran’s nuclear program saw oil fall sharply on Thursday. The reality is that Tehran has relatively little extra crude that it can bring back — but it could arrive in a market that’s gearing up for surplus.
Estonia said on Thursday that Moscow had briefly sent a fighter jet into NATO airspace over the Baltic Sea during an attempt to stop a Russian-bound oil tanker thought to be part of a "shadow fleet" defying Western sanctions on Moscow.
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