Rush to Replace Russian Oil Sees Supertanker Freight Rates Jump
Supertanker freight futures have soared after the US’s sanctioning of two major Russian oil producers spurred buyers of the crude to seek
gCaptain’s full coverage of western sanctions against Russia for its war in Ukraine.
Supertanker freight futures have soared after the US’s sanctioning of two major Russian oil producers spurred buyers of the crude to seek
A liquefied natural gas tanker off Malaysia that appears to be receiving fuel from a sanctioned Russian vessel is owned by Chinese shipping firm Pacific Gas,
Indian refiners are poised to sharply curtail imports of Russian oil to comply with new U.S. sanctions on two top Russian producers, industry sources said on
EU’s shadow fleet crackdown expands to 557 vessels with latest sanctions package as Western allies tighten the noose on Russia’s energy sector. The
Oil prices surged around 5% to a two-week high on Thursday after the U.S. imposed sanctions on major Russian suppliers Rosneft and Lukoil over Russia's war in
Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two
China is pushing ahead with imports of US-sanctioned Russian liquefied natural gas, after the White House stopped short of putting additional restrictions on
The U.S. Department of the Treasury imposed sanctions on Russia’s two largest oil companies on October 22, targeting Rosneft and Lukoil in response to
The European Union's 19th package of sanctions against Russia will list four companies involved in China's oil industry that circumvent Western restrictions,
European Union leaders are expected to greenlight a 19th Russia sanctions package at a summit on Thursday after Slovakia dropped its
A dark tanker carrying liquefied natural gas from a US-sanctioned Russian export plant has positioned itself for a rare open-water fuel transfer off the coast
Donald Trump is putting more pressure on India to slash its Russian oil purchases. This could deprive Moscow of vital revenue, but it will mostly just
Western powers have ramped up pressure on Russia's oil sales amid its war with Ukraine as U.S. President Donald Trump said India would stop buying and Britain
The United Kingdom has sanctioned China’s Beihai LNG terminal as part of a comprehensive package targeting Russia’s energy sector and its
By Julian Lee (Bloomberg) — Russia’s ability to divert its crude to the global market is diminishing fast as the nation’s oil refineries come under
Group of Seven nations are closing in on an agreement to significantly increase sanctions on Russia over its reluctance to end the war against Ukraine,
Russia’s seaborne crude exports stuck at a 16-month high in the past four weeks, with US President Donald Trump so far failing to convince remaining buyers
PARIS, Sept 30 (Reuters) – The French Navy on Tuesday said authorities were investigating a suspected infraction by the Benin-flagged oil tanker
Democratic U.S. senators urged Trump officials on Friday to resume targeted sanctions on Russian energy supplies, saying the administration is allowing
The United Kingdom has delivered its latest significant blow against Russia’s shadow fleet, sanctioning 70 additional vessels involved in transporting
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up