Stocks Slide on Ukraine Conflict!
Oil shot back above $100 a barrel and U.S. and German government debt rallied on Tuesday as fears increased over the impact of aggressive sanctions against Russia after its invasion of Ukraine, further depressing...
SWIFT Penalties Cause Hike In Crude Oil Prices
The impact of restrictions on Russia's use of the SWIFT international payment system amid the looming threat of sanctions on Russia's energy sector.
The oil market will remain very volatile as the risk...
How To Safely Read Draught Marks?
After two cases regarding fatalities of ships’ officers when they were trying to take the draught readings of vessels.
In one of these incidents the officer was denied permission to leave the vessel...
Liner Giants Are Sued by US Pipeline Operator For Massive Oil Spill
Liner giants COSCO and MSC are being sued by US pipeline operator Amplify Energy Corp. in relation to a massive oil spill resulting from a broken pipeline off Long Beach port in California, reports...
Oil Ties Between The Two Countries
Russia's invasion of Ukraine has seen some of the harshest sanctions ever imposed on a nation and disrupted trade flows of energy and other commodities.
Russia was China's second largest crude oil supplier...
Wärtsilä Provides Support To Sustainable Operations
The technology group Wärtsilä will provide technical management for a broad scope of solutions installed on Viking Line's new climate-smart vessel.
The Technical Management Agreement covers maintenance planning and technical support.
Wärtsilä's support...
U.S. Corporations Suspend Business in Russia
American companies with operations in Russia are halting local services following the country's invasion of Ukraine, reports CBS News.
Deliveries on hold
FedEx and UPS, two of the largest shipping companies in the world, have both...
Will The Ukraine Crisis Turn into A Nuclear War?
Russia's leader has just put his country's nuclear forces on "special" alert, complaining of "aggressive statements" over Ukraine by Nato leaders, reports BBC.
The warning
Listen closely to what President Putin has been saying. Last Thursday...
ExxonMobil To Not Make Any Substantial Investment In Russia
ExxonMobil will stop operating on Sakhalin-1 and will not make any additional investments in Russia as reported by ExxonMobil.
Fight for freedom
ExxonMobil stands with the people of Ukraine as they fight for their freedom and...
Talks On OPEC+ Strategy, Putin With Abu Dhabi Crown Prince
Putin, Abu Dhabi Crown Prince hold talks on market stability
Call comes a day ahead of critical OPEC+ meeting
Talks happen as more buyers shun Russian crude
A recent news article published in the...