Now It’s Singapore’s Turn On Russia, One More Ban

Banks and other financial institutions here will be banned from doing business with four Russian banks. It is as part of sanctions the Republic is imposing to hit the Russian economy for the invasion of...

West’s Wholesale Exit May Cost Russian Oil Companies

China may be poised to take advantage of discounted Russian energy supplies and investment opportunities now that the West is disengaging from the Russian economy, according to market analysts. China has already opened...

Traders Predict Oil Could Hit $200 A Barrel

Low-sulphur bunker prices increased another $100 per ton yesterday. And having soared by a third since the end of February to about $1,000 per ton, are adding millions of dollars to the cost...

Chernobyl Exclusion Zone Damaged And Power Supply Disrupted

A 750-kV high voltage power line linking the Chornobyl nuclear site to Kyiv in Ukraine has been damaged and supply to the site disrupted, according to state information service SSSCIP Ukraine, reports SP Global. Disrupted...

All You Need To Know About Travelling To UK During Covid

If you're planning to travel to the UK, here's what you'll need to know and expect if you want to visit during the Covid-19 pandemic, reports CNN. The basics The United Kingdom has seen one of...

Some Safety Tips To Be Followed Though The Covid Cases Reduce

As Covid-19 cases continue to fall and state and local governments lift remaining pandemic restrictions, many offices are asking employees to return to in-person work, reports CNN. What are factors people should consider if they...

Oil Stocks Dip After Record Decline in Middle Distillates

No signs of middle distillates heading to Europe Heavy distillates rise 10% on the week LSFO Fujairah fuel premium over Singapore widens Oil product stockpiles at the Port of Fujairah on the UAE's East...

LNG stocks Fall 18% on Week, Lowest This Winter

LNG stocks fall below earlier winter low of 1.63 mil mt on Feb 6 Japan diverting surplus LNG cargoes to Europe on EU, US requests Kyushu Electric imposes fuel restrictions at Shin Oita...

Bunker Prices Enter 4-digit Territory for the First Time

Surging bunker prices have crossed through the $1,000 per tonne mark for the first time in history as commodity prices spike across the board in the wake of the Russian invasion of Ukraine, reports...

Shipping Majors Join Zero Carbon Knowledge Hub

Danish law firm Gorrissen Federspiela and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a partnership agreement as a formal recognition of their joint working and shared commitment to a long-term collaboration...