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russia oil cap

Friday, July 19, 2024
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev

The West’s Squeeze on Russian Tankers Gets Tighter

By Julian Lee (Bloomberg) — Another week, another gentle turning up of the heat by Group of Seven nations on the fleet of tankers moving Russian

18 mins ago
Total Views: 54

Monday, July 15, 2024
two tankers conduct ship-to-ship transfer

Greece Extends Naval Drills That Deter Russian Oil Transfers

By Alex Longley, Julian Lee and Jack Wittels (Bloomberg) — Greece is again extending the naval drills that have largely deterred transfers of Russian

July 15, 2024
Total Views: 976

Monday, July 8, 2024
Stock photo of an oil tanker moored at sea

Russian Oil Deliveries Keep Getting Cheaper Despite Sanctions

By Alex Longley (Bloomberg) — Group of Seven sanctions aimed at depriving the Kremlin of petrodollars are failing in one of their key objectives:

July 8, 2024
Total Views: 1837

Tuesday, June 11, 2024
An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo

EU Proposing Sanctions on Russia Shipping Giant Sovcomflot

By Alberto Nardelli (Bloomberg) — The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot PJSC in a move to limit the

June 11, 2024
Total Views: 853

Thursday, April 25, 2024
tanker at sea

India Grants Marine Insurance Approval for Russian Firms

By Rakesh Sharma and Julian Lee (Bloomberg) — India has granted marine insurance approval to four Russian firms, adding impetus to Moscow’s efforts to

April 25, 2024
Total Views: 1108

Wednesday, April 24, 2024
The Kozmino oil port in eastern Russia

EU’s Proposed Russia Sanctions to Target More Ships

By Julia Payne and Kate Abnett BRUSSELS, April 24 (Reuters) – The European Commission is expected to propose sanctions on ships delivering North Korean

April 24, 2024
Total Views: 781

Friday, January 5, 2024
Stock photo of an oil tanker moored at sea

Tankers Carrying Russian Oil Showing Signs of U.S. Sanctions Impact

By Sherry Su and Julian Lee (Bloomberg) — There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in

January 5, 2024
Total Views: 76665

Wednesday, December 20, 2023
tanker at sea

U.S. Tightens Enforcement of Price Cap on Russian Oil

The U.S. Department of the Treasury has intensified its efforts to enforce the price cap on Russian oil by taking action against shipowners and vessels

December 20, 2023
Total Views: 1307

Monday, November 27, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63

Greek Shipowners Avoiding Russian Oil

By Julian Lee (Bloomberg) — Oil tanker owners in Greece, the world’s most powerful shipowning nation, scaled back how much Russian crude they’re

November 27, 2023
Total Views: 2867

Friday, November 24, 2023
FILE PHOTO: The oil tanker Minerva Virgo, docked at a terminal at Bayonne New Jersey, U.S., March 22, 2022. REUTERS/Bjoern Kils/File Photo

Greek Shippers Exit Russian Oil Trade as U.S. Tightens Price Cap Scrutiny

MOSCOW/LONDON, Nov 23 (Reuters) – Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to

November 24, 2023
Total Views: 4397

Tuesday, November 14, 2023
ships at anchor

Kremlin Dismisses US Probe Into Oil Sanctions

MOSCOW, Nov 14 (Reuters) – The Kremlin said on Tuesday that Russia was acting in its own interests when asked about a probe by the United

November 14, 2023
Total Views: 585

Wednesday, October 18, 2023
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock

Sanctioned Tanker Heads to Texas for Unloading

By Sabrina Valle and Timothy Gardner HOUSTON, Oct 17 (Reuters) – An oil tanker that the U.S. government imposed sanctions on for recently carrying

October 18, 2023
Total Views: 1948

Tuesday, October 17, 2023
A Russian state flag flies on the top of a diesel plant in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region. Picture REUTERS/Vasily Fedosenko

Russian Oil Freight Rates Jump Amid Price Cap Compliance Scrutiny

MOSCOW, Oct 17 (Reuters) – Oil freight rates from Russia’s Baltic ports to India are up some 50% since last week as more shipowners quit the

October 17, 2023
Total Views: 763

Tuesday, March 14, 2023
Stock photo of a tanker at sea

Russian Oil Floods UAE’s Fujairah Port

By Jeslyn Lerh DUBAI, March 14 (Reuters) – Oil storage demand and transit volumes are poised to grow further at the United Arab

March 14, 2023
Total Views: 5020

Tuesday, February 28, 2023
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo

Russian Oil Exports Prove Resilient to Full Force of Western Bans

By Bloomberg News (Bloomberg) — Russia’s seaborne oil exports remained resilient in February, as the nation found new buyers even as the full force of

February 28, 2023
Total Views: 2453

Tuesday, February 21, 2023
A Russian state flag flies on the top of a diesel plant in the Irkutsk Oil Company-owned Yarakta Oil Field in Irkutsk Region. Picture REUTERS/Vasily Fedosenko

Sanctions on Russian Diesel Show Early Signs of Working

By Jack Wittels (Bloomberg) — With international sanctions on Russia’s diesel shipments now in place for more than two weeks, the early signs are

February 21, 2023
Total Views: 1984

Thursday, January 19, 2023
Is Singapore Laundering Russian Crude?

Is Singapore Laundering Russian Crude?

By Elizabeth Low (Bloomberg) Demand is soaring for oil storage tanks in Singapore, in a sign that a flood of Russian fuel is being blended and re-exported

January 19, 2023
Total Views: 5684

Friday, January 13, 2023
Cyprus Floats Automatic Ship Tonnage Tax Renewal to Buffer EU Shipping Sector

Cyprus Floats Automatic Ship Tonnage Tax Renewal to Buffer EU Shipping Sector

By Michele Kambas NICOSIA, Jan 13 (Reuters) – Cyprus has suggested automatic renewals of tonnage tax systems as one of a series of measures to

January 13, 2023
Total Views: 589

Friday, December 9, 2022
Turkish Strait Oil Tanker

Deepening Turkish Tanker Jam Snarls Russia Oil Sanctions

By Daren Butler and Can Sezer ISTANBUL, Dec 9 (Reuters) – Turkey emerged as a critical stumbling block to a complex international plan to

December 9, 2022
Total Views: 1380

Thursday, December 8, 2022
Why Are Oil Tankers Stuck in Turkish Waters?

Why Are Oil Tankers Stuck in Turkish Waters?

By Jonathan Saul LONDON, Dec 8 (Reuters) – Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers

December 8, 2022
Total Views: 2509


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