Fearnleys Weekly Report – Week 08, 2022

A small surge of enquiry in Wafr saw a WS 37.5 logged eastbound and WS 41 reported to WCI yesterday. For full report click here Did you subscribe to our daily newsletter? It’s Free! Click here to...

Importers In China May Choose For ‘Shadow’ Fleets

China will remain a buyer of Russian crude. And China could even hike its imports from Russia. Latin American barrels in the wake of higher sour Urals imports. If mainstream owners fear sanctions against...

America The Safe Haven For Your Money

The world’s leading private equity firm suggests the U.S. the ultimate safe haven play, reports CNBC. According to Blackstone’s Joseph Zidle, it’s largely insulated from the Russia-Ukraine war fallout. An island of growth “The U.S. is an...

Distressed Venezuelan Oil Cargo Unloaded

The carrier was unable to complete the delivery of its cargo on time after delays caused by mechanical problems, forcing PDVSA to replace its crew and seek new vessels capable of receiving the...

Russia Raising Nuclear Fears With Chernobyl?

Russian soldiers have captured the Chernobyl nuclear plant in northern Ukraine, according to Ukrainian authorities, where the world's worst nuclear disaster occurred in 1986 — and where massive stores of deadly nuclear waste remain...

Status Of Coronavirus Spread Worldwide

Negotiations on new rules for dealing with pandemics will begin at the World Health Organization on Thursday, with a target date of May 2024 for a treaty to be adopted by the U.N. health...

All About Russia-Ukraine Crisis Right Now

Highlights President Volodymyr Zelenskiy of Ukraine promised to stay in Kyiv as his army fought Russian invaders advancing near the capital in the largest attack on a European state since World War II. A...

Palladium and Nickel Crisis Threatens Auto

As the crisis in Ukraine escalates and President Joe Biden puts in place new sanctions targeting the Russian economy, there could be substantial collateral damage to the auto industry, including automakers and parts suppliers...

New Safety Rules For Enclosed Spaces

New UK rules come into force to tighten up safety for those who work in enclosed spaces on board vessels. The regulations come into force for vessels which come under SOLAS on 14...

[FAQ] Charterparty Issues Arising Out Of The Ukraine Crisis

Sadly, it is now clear that armed conflict has broken out between Ukraine and Russia. Events are fast moving, and it is difficult to have a clear picture of what is happening on the...