Russian Sanctions
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Marine World
Gunvor Drops Bid for Lukoil’s Overseas Assets After U.S. Calls It ‘Kremlin’s Puppet’
Global commodity trader Gunvor has withdrawn its proposal to acquire Lukoil’s international assets after the U.S. Treasury Department signaled it…
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Marine World
Two Tankers With Russian Oil Drop Anchor at Sea in Sign Sanctions Hit Sales
Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez…
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Marine World
Suez Canal Authority Denies Role in Detention of Sanctioned Russian Tanker
The Suez Canal Authority (SCA) has issued a strong denial of reports claiming it detained the Russian-flagged crude oil tanker…
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Marine World
Western Sanctions Pushing Record Volumes into Floating Storage, Gunvor CEO Says
Western sanctions on Russia and Iran are creating record volumes of oil stored onboard vessels, preventing a supply glut from forming in…
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Marine World
US-Sanctioned Tanker Conducts LNG Transfer in Malaysian Waters, Kpler and Vortexa Confirm
A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo…
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Marine World
Lukoil to Sell Foreign Assets to Gunvor After U.S. Sanctions
Lukoil said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil…
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Marine World
India-Bound Tanker Carrying Russian Crude Reverses Course After U.S. Sanctions
By Weilun Soon (Bloomberg) — An India-bound tanker filled with Russian crude reversed course and is now idling in the Baltic…
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Marine World
Russia’s Western Oil Exports Hold Steady Despite New U.S. and EU Sanctions
Newly imposed U.S. and EU sanctions targeting Russia and its oil giants Rosneft and Lukoil have yet to disrupt physical…
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Marine World
China’s Pacific Gas Denies Role in Russian LNG Transfer
A liquefied natural gas tanker off Malaysia that appears to be receiving fuel from a sanctioned Russian vessel is owned…
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Marine World
Rush to Replace Russian Oil Sees Supertanker Freight Rates Jump
Supertanker freight futures have soared after the US’s sanctioning of two major Russian oil producers spurred buyers of the crude…
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