Difficulties In Repatriating Ukrainian Crew
As the conflict in Ukraine continues, many Members and clients are having difficulties repatriating Ukrainian crew.
Some crew members may want to extend their contracts given the turbulence and uncertainty of the situation.
As...
War And Sanctions To Have Major Effect On Global Economy
Food and energy prices have surged in recent days and supply chains have frayed, adding to the inflationary pressures that policymakers were already struggling to tackle.
"This crisis will create complex policy tradeoffs,...
Ship Recycling Sector Sees Early Signs Of Disruptions
Strong demand in the ship demolition sector has been tempered by the war in Ukraine ‘which is creating some major uncertainty’.
The potential oil price impact of any disruption could also be very...
How Will The West Man Their Ships?
With the Jones Act under fresh critisism and large seafarer nations like Indian refusing to condem Russia‘s invasion of Ukrain.
When you consider this in the context of the source of the worlds...
Maritime Dimension Of Russia’s Invasion Of Ukraine
The closure of the Turkish straits to all warships has drawn attention to the maritime dimension of Russia’s invasion of Ukraine.
Russia is not, and has never been, a maritime power, but it...
Biggest Weekly Gain Posted By Asia Fuel Oil VLSFO
A recent news article published in the Reuters states that Asia Fuel Oil VLSFO crack posts biggest weekly gain in over 1-1/2 years.
Asia's front-month crack
Asia's front-month crack for 0.5% very low-sulphur fuel oil (VLSFO)...
NFT’s To The Rescue in Ukraine
Ukraine's government has said it will issue non-fungible tokens (NFTs) to fund its military as they defend the country against the Russian invasion, reports BBC.
War bonds
The announcement by deputy prime minister Mykhailo Fedorov comes...
Biofuel Trade Groups Push For Increased Biofuel Blending
Biofuel trade groups are pushing for increased biofuel blending amid the Russian invasion of Ukraine.
It points to increased use of ethanol as one avenue through which the White House can lower high...
Can you believe! Beer Shrinks Your Brain
Just one pint of beer or average glass of wine a day may begin to shrink the overall volume of the brain, a new study has found, and the damage worsens as the number...
Ukrainian Conflict Intensifies, Bunker Prices Surge
As the Ukrainian conflict intensifies, bunker prices are reflecting the escalation in oil prices.
Marine gasoil breaching $1,000 per tonne in the major bunker hubs this week and owners with scrubber-equipped vessels seeing...