Turkey Holds Firm on Tanker Insurance Demand as Jam Worsens
(Bloomberg) — A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait escalated on Thursday,
gCaptain’s full coverage of western sanctions against Russia for its war in Ukraine.
(Bloomberg) — A standoff over sanctions and insurance that has caused a jam of oil tankers at the key Bosphorus shipping strait escalated on Thursday,
By Jonathan Saul (Reuters) Western officials are in talks with Turkish counterparts to resolve oil tanker queues off Turkey, a British Treasury official said,
MOSCOW, Dec 7 (Reuters) – Russia is concerned about a build-up of oil tankers in the Bosphorus Strait and is discussing the issue with
By Julian Lee and Alex Longley (Bloomberg) — Oil tankers hauling millions of barrels of Kazakh crude are being prevented from leaving the Black Sea to
Dec 5 (Reuters) – Oil tankers formed a traffic jam off the coast of Turkey on day one of the West’s price cap on Russian crude, with
By Julian Lee (Bloomberg) — Russia’s crude oil shipments to Europe are shrinking fast. A European Union ban on seaborne imports from the country is
By Julia Payne and Jonathan Saul LONDON, Dec 5 (Reuters) – The market for old oil tankers is booming, and it’s all down to efforts by
By Alex Longley (Bloomberg) After months of planning and negotiations, the biggest tranche of sanctions on Russian oil to date take effect on Monday. How
By Caleb Davis and Mark Trevelyan Dec 3 (Reuters) – Russia “will not accept” a price cap on its oil and is analyzing how to
By Serene Cheong and Alex Longley (Bloomberg) — Shipping costs for Russian crude are skyrocketing as more tanker owners shun the trade days
By Ewa Krukowska (Bloomberg) European Union diplomats suspended talks on capping Russian oil prices, as Poland and the Baltic states objected to a proposal
By Sharon Cho (Bloomberg) –Top trader Vitol Group is still buying “very modest” volumes of Russian oil products and is studying whether the company
By Sherry Su, Sharon Cho, Bill Lehane and Lucia Kassai (Bloomberg) — Soaring shipping costs are piling pressure onto physical oil markets that are
By Debjit Chakraborty (Bloomberg) India’s oil refiners are looking to pick up a bit more Russian crude in last-minute purchases just weeks before new
By Alex Longley, Ugur Yilmaz and Ercan Ersoy (Bloomberg) — Turkey warned the world’s oil shippers they will need to prove they’re insured to cross
By Noah Browning LONDON, Nov 15 (Reuters) – Russian oil output is set to fall 1.4 million barrels per day(bpd) next year after a European Union ban on
(Reuters) – Russia said on Saturday there was no agreement yet to extend a deal allowing Ukraine to export grain via the Black Sea, repeating its
By Jack Wittels and Alberto Nardelli (Bloomberg) –The European Union’s impending sanctions on oil imports from Russia aren’t quite as exclusionary as
By Jonathan Saul, Noah Browning and Jan Strupczewski LONDON/BRUSSELS, Nov 10 (Reuters) – Oil-laden tankers risk being left languishing at sea
By Gaspard Sebag and Stephanie Baker (Bloomberg) –A Spanish court moved to seize a superyacht valued at $140 million that’s linked to a senior
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