US sanction clarifications a tight squeeze for India's Feb oil supplies
Indian refiners have less time than they expected earlier to receive sanctioned tankers, prompting aggressive purchase of ...
Why is the Panama flag so popular among shipowners?
Two ships sailing under the flag of Panama ran into problems off the coast of Germany recently. For over a century now, shipowners wanting to circumvent certain regulations have opted for the Panama ...
Russia Could Lose Billions in 'Worst Ecological Disaster of 21st Century'
A Russian official said a recent oil spill in the Black Sea was unprecedented and could have been avoided, highlighting the ...
Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 ...