China’s Crude Imports Likely To Remain Low Amid Surging Oil Prices

Refining margin squeezed as crude soars above $130/b. Beijing is keen to maintain a strategic partnership with Russia. China is likely to export less oil products to ensure local supplies. China's crude imports in...

TT-Line Welcomes Its First New Green Ship

  German ferry operator TT-Line has taken delivery of its first green ship, the LNG-powered Nils Holgersson. The yet-unnamed ferry was launched in July last year. The ships are equipped with MAN’s dual-fuel, diesel-mechanical...

Russian General Killed In Combat

Ukrainian intelligence claims The Ukrainian military intelligence agency said a Russian general has been killed in battle, a rarity in modern times. It was not possible to confirm the death independently. According to...

Jeda Launches SpaceX-Inspired Broomstick

SpaceX successfully launched 47 Starlink satellites to orbit yesterday. The American Broomstick is a medium-sized broomstick that is made up of two pieces with a reusable stave. The 50-inch broomstick is also inspired...

Impact On Contractual Obligations

The war in Ukraine has led to a large volume of queries being received by our team of Defence lawyers. The classic definition of unsafety from The Eastern City case applies to both...

VLFSO’s Dramatic Surge In Prices

Record breaking prices for VLFSO come on the back of a dramatic surge in oil and gas prices in early trading on Monday morning. Brent crude peneaked at $139 before easing back while...

Daredevil Shipowners Undertake The Risk Of Carrying Russian oil

News of Russia’s invasion of Ukraine, with the incurred risks of loading near a war zone, have nearly catapulted rates all the way to the half-thousand Worldscale mark. Freight rates for Aframax tankers,...

Regional Guide 2 To Counter Piracy and Armed Robbery

The ReCAAP Information Sharing Centre in collaboration with the Working Group comprising representatives from the ASA, SSA, INTERTANKO, OCIMF and RSIS has launched Regional Guide 2. The aim of this guide is to...

Intelligent IT systems, A Key To Green Shipping

With its startup Alfred Maritime, German shipbuilder Meyer Group wants to speed up the digitalization of the shipbuilding industry. Meyer Group’s goal is green shipping and green shipbuilding. Digitalization and Industry 4.0 are...

This Vodka Brand is Renamed To Distance Itself from Putin

As people around the world move to boycott Russian products, one of the most iconic vodka brands will change its name. The company that owns Stolichnaya vodka announced that it is officially adopting the...