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EU energy
Austria’s OMV to continue to import Russian gas, chief says
...by the United Arab Emirate’s Adnoc, which Borealis also holds a 36 per cent stake in....
July 9, 2023
News in-depthRussian business & finance
Vitol and Gunvor help keep Russian refined oil flowing, data shows
...In total, 50 companies exported a combined $16bn worth of refined petroleum from Russia over the first four months of this year, the data shows....
June 27, 2023
FT Live
Investing in Piauí – Brazil
Exploring business opportunities and delivering sustainable growth
Friday, 17 May22 Vanderbilt, Madison Avenue, New York, NY, USA
Middle East conflict
Iran seizes Israel-linked container vessel
...The ship is owned by Gortal Shipping, a finance company affiliated with Zodiac Maritime, a company controlled by Israel’s Ofer family....
April 13, 2024
Shipping
Somali pirates seize ship as global naval forces focus on Houthi threat
...Ambrey, a UK maritime security company, reported that the vessel seized was flying the Bangladesh flag....
March 12, 2024
News in-depthRussian business & finance
Two companies, one trade: the switch that keeps Putin’s oil flowing
...That business, Paramount Energy and Commodities DMCC, uses United Arab Emirates lenders to help make the trades, and ships registered to companies in countries such as India and China to transport the crude...
March 20, 2023
News in-depthMiddle East
Houthis blow open murky world of ship nationality
...It had been chartered by a Saudi commodities company, had picked up its cargo in the United Arab Emirates and was heading to Bulgaria....
March 5, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Houthi movement
Crew abandons ship in most damaging strike yet by Yemen’s Houthis
...The UK’s Dubai-based Maritime Trade Operations (UKMTO) said the attack on the Rubymar took place 35 nautical miles south of al-Mukha in Yemen....
February 19, 2024
Shipping
US and UK step up pressure on Houthi rebels to deter Red Sea shipping attacks
...The Houthis, who control most of northern Yemen and have been fighting in a nine-year civil war in the impoverished Arab state, are among several Iranian-backed militant groups that have launched attacks...
January 1, 2024
Disrupted Times
From TikTok to shipbuilding: new fronts in US-China trade tussle
...Over the past two decades, China has gone from producing 12 per cent of global commercial ships by tonnage to more than 50 per cent in 2023, according to one maritime consultancy....
March 13, 2024
News in-depthMiddle Eastern politics & society
Who are the Houthis?
...The assaults have disrupted shipping in the critical maritime trade route and drawn the US Navy into combat....
January 10, 2024
Strategic Petroleum Reserve USA
Reimagining the SPR
...The excess supply led to a 60-per-cent slide in the price of lithium and drove bankruptcies of companies including Alita and Nemaska in Australia and Canada, respectively....
February 24, 2024
Israel-Hamas war
US and UK carry out strikes against Houthi rebels in Yemen
...The group has carried over more than two dozen attacks in the critical maritime trade route and drawn the US Navy into combat....
January 12, 2024
Russian business & finance
US hits 3 UAE shipowners with sanctions for violating Russian oil price cap
...A second price cap on refined petroleum products was imposed earlier this year....
November 16, 2023
News in-depthChinese military
China denies building naval bases but fear of its military reach grows
...Last year, US suspicions were leaked that China was building a secret military facility in the United Arab Emirates and might have similar plans in Equatorial Guinea....
June 19, 2022
Moral Money
Climate finance: Perhaps the money is there, after all Premium content
...maritime transport and aviation, that may also be augmented by a global financial transaction tax”....
December 7, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
EU energy
Netherlands warns of Russian attempts to sabotage its energy infrastructure
...The report warned operators of maritime infrastructure that they should increase security measures in light of the recent events....
February 20, 2023
FT CollectionsClimate Exchange
Bill Gates: There are amazing climate technologies — getting them out is the challenge
...[Oil company Occidental Petroleum] just bought a company called Carbon Engineering for $1.1bn, so there’s activity in the space....
November 3, 2023
ExplainerEnergy crisis
How the G7’s oil price cap blocked the Bosphorus
...Ünal Baylan, Turkey’s maritime director-general, wrote to shipowners and insurers on November 16 requesting that maritime protection and indemnity providers, known as P&I clubs, provide additional letters...
December 6, 2022
Markets InsightMichelle Wiese Bockmann
G7 needs to mind the maritime gaps to enforce a Russia oil cap
...Similar hubs for Iran crude are seen at anchorages in international waters off the United Arab Emirates, Oman and Malaysia....
September 19, 2022
Moral Money
How to make debt swaps and influence people Premium content
...One is a potential global tax on shipping fuel, to be administered by the International Maritime Organisation, to accelerate the decarbonisation of transport and feed into a loss and damage fund for developing...
June 5, 2023
Shipping
Shipping industry says piracy off coast of Somalia is no longer a threat
...While piracy in the Gulf of Guinea plummeted in the first half of the year, with only 12 incidents reported — down from 50 in the same period in 2018 according to the International Maritime Bureau — security...
August 22, 2022
War in Ukraine
West eases efforts to restrict Russian oil trading as inflation and energy risks mount
...European companies will no longer be blocked from paying the likes of Rosneft, “if those transactions are strictly necessary”, for the purchase or transport of crude or petroleum products to third countries...
July 31, 2022
Mediclinic International PLC
London-listed hospital group Mediclinic accepts £3.7bn offer
...While Remgro has backed Mediclinic for almost four decades, healthcare is a new area of investment for MSC, which is focused on maritime transport, logistics and cruise industries....
August 4, 2022
The Big Read
Is 1.5C still realistic? The crumbling consensus over key climate target
...capacity of the United Arab Emirates by 2030 while also arguing emissions can be reduced....
March 16, 2023
Supply chains
Dubai to restrict cargo imports into airport to clear shipment backlog
...In DP World’s home market of Dubai, traders are facing delays in deliveries because of the worldwide supply chain crunch and a lack of empty containers for maritime cargo, he said....
October 15, 2021

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