Hints and tips:
...The US government has imposed sanctions on companies accused of shipping or trading Russian oil in violation of western rules but is yet to target an individual for involvement....
...Global Terminal Services AS, the Istanbul-based owner of Dörtyol, said it acts as “an independent storage terminal” and has no involvement in trading....
...The sale to Fossil was agreed in July and completed in December. Swiss corporate records show Vitol and Mercantile’s directors stepped down from Amur Trading SA and Amur Investments SA in January....
...in the UAE, and Russian oil trading....
...Troost is a 25-year veteran of Russian oil trading and Paramount SA had long enjoyed a foothold at the port of Kozmino, on Russia’s eastern edge....
...Mediterranean Shipping Company, the world’s biggest container line, and Maersk, the market number two, have also expanded their logistics operations in recent years, both through organic growth and acquisition...
...“Paramount SA has acted at all times in line with all applicable laws and regulations....
...The Financial Times reported in March that Swiss-based Paramount Energy & Commodities SA, founded by veteran Dutch trader Niels Troost, had transferred its Russian oil trading activity to a subsidiary in...
...Norway-born shipping magnate John Fredriksen has form in using debt to fund growth....
...Bolloré Group’s shares rose more than 5 per cent in afternoon trading on Tuesday in Paris....
...The UK accounting regulator last week opened an investigation into the auditor of the commodities trading unit....
...Other traders, however, appear to be using Dubai-based subsidiaries to legally buy and sell oil above the cap by employing non-European shipping and financial service providers....
...That is a 35 per cent premium to where Mediclinic shares were trading before the two companies made their initial proposal in late May....
...Our energy reports document that Switzerland-based commodities trader Paramount Energy & Commodities SA has given up shipping Russian oil, but the new Dubai-based company Paramount Energy and Commodities...
...It said it was examining its strategy in aviation, real estate, agriculture and shipping too....
...It ended up shipping them to Korea and then airfreighting them to the UK....
...The shares were sold on January 18 at 585p per share, netting brothers Simon (chief executive), Bobby (group trading director) and Robin Arora a combined £234m....
...issues in the May 5 elections is Northern Ireland’s post-Brexit trading arrangements....
...A big question for the shipping industry is the scope of voyages the EU will target in its revised emissions trading system as policymakers attempt to cut CO2 emissions by 55 per cent by 2030....
...The EU is set to make proposals in June to include shipping in its emissions trading scheme but shipping executives believe a global carbon tax would have to be several times higher than the EU’s current...
...“Our buying power with both factories and shipping lines has insulated us from some of the wild fluctuations in prices,” he said....
...Petro-Logistics SA....
...Clarkson, the shipping services group, said full year underlying profit for 2020 will be ahead of market expectations and in a range of between £42m to £45m....
...its huge trading business....
...and June....
International Edition