Hints and tips:
Related Special Reports
...While the measures enjoyed some early success, Russia has proved adept at countering them, building up its so-called “shadow fleet” of ageing oil tankers to circumvent western markets, for example....
...S&P Global Market Intelligence has estimated more than 400 tankers operate within the shadow fleet, with estimates of the wider group of vessels at risk of breaching sanctions ranging into the thousands....
...Resurgent demand from Asia will also keep costs high as the bloc competes with importers for limited cargoes....
...Part of the reason is Russian circumvention, including running a “dark fleet” of oil tankers....
...Among these vessels are much of the so-called shadow fleet, an aged group of oil tankers believed by brokers to have been amassed by Russia to circumvent western sanctions and often insured locally....
...The FT found Russia created a so-called dark fleet of oil tankers that operate outside of western surveillance. In August, almost three-quarters of Russian oil shipped by sea bypassed these sanctions....
...Russia has assembled a “shadow fleet” of about 100 tankers to circumvent western restrictions, but traders and shipbrokers believe the country is still short of vessels to maintain export volumes....
...The noose may, however, now start to tighten, with some facilitators placed on sanctions lists, and shadow fleet tankers impounded....
...The value of the group’s small fleet of LNG carriers and FSRUs was by this point growing by the day. May proved busy....
...Others, however, have pointed to the limited benefits on certain ships or trade routes....
...No wonder: most politicians (and voters) have only limited awareness of the sector’s complex but crucial role in finance and trade. But the industry matters deeply now....
...The EU will boost its ability to import LNG through floating terminals in Germany and the Netherlands but they’ll be competing for the same limited pool of supply....
...MOL’s fleet consists of about 700 ships spanning dry bulkers, oil tankers, car carriers and container ships....
...The number of Australian-owned ships is set to wither to just nine by 2024, according to data from Maritime Industries Australia Limited, an industry association....
...The government’s tanker fleet is a pool available to private companies to lease, stored in depots in West Yorkshire and Cambridgeshire....
...Driven by the self-winding El Primero movement, the model will be limited to 250 pieces. £11,400 6....
...The FSRU is a type of tanker fitted with equipment to gently warm liquefied natural gas (LNG) back into a gaseous state so it can be piped to customers on land. The first FSRU was launched in 2005....
...Olivier Jakob at Petromatrix said, however, that part of the limited reaction in oil prices may be down to the decision to attack tankers that were carrying petrochemical feedstocks such as naphtha rather...
...One London-based broker said shipowners whose vessels used the shipping lane were evaluating the risks to their fleets, noting reports of oil tanker owners DHT Holdings and Heidmar suspending new bookings...
...Saudi officials said Tuesday’s attacks caused limited damage....
...Tension remains high following a series of incidents that have threatened to unleash a new wave of instability, including the downing of a $130m US surveillance drone and attacks on tankers in the Straits...
...Some natural gas experts are worried whether the limited shipping capacity will hamper flows of LNG on the international gas markets....
...The Brazilian bellwether stock was down 13.71 per cent at R$20.08 per share just before midday, dragging the benchmark Ibovespa index 1.81 per cent lower to 79,402.02 points....
...We are soon on the autoroute heading north at a speed-limited 90km/h (56mph) in the direction of Calais. Time is everything. Drivers are supposed to take an 11-hour break between shifts....
...Zheng He rose from being a eunuch in the court of the Prince of Yan to commanding a fleet of explorer boats that included vast nine-masted “treasure ships” measuring 130m by 55m....
International Edition