1. Home
  2. News
  3. News

News

S&P Global: Russia’s ghost fleet estimated at 434 vessels

glory 17-03-2023 21:19 Area News
Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it...
Read more

Poten: Unipec king of VLCC charters, Lukoil doesn’t make the cut

glory 06-01-2023 20:26 Area News
Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures, according to Poten & Partners. However, Russia’s...
Read more

MOL CEO: We will transport LNG from Russia as long as we can

glory 05-01-2023 14:59 Area News
Japanese shipping heavyweight Mitsui O.S.K. Lines plans to resume energy transport business, mainly of LNG, from Russia as long as possible, the company’s President & CEO Takeshi Hashimoto said in a New Year’s...
Read more

Putin bans oil sales to countries abiding by the price cap

glory 28-12-2022 15:28 Area News
Russian President Vladimir Putin signed an Executive Order on Tuesday, December 27, banning the sale of oil and oil products to foreign companies and individuals abiding by the price cap imposed by the Westrn nations. To...
Read more

All eyes on Russia’s fleet as crude oil price cap, OPEC+ cut perpetuate tanker markets’ volatility

glory 05-12-2022 19:13 Area News
Uncertainty and volatility continue to cast a shadow over the oil and tanker market as December 5 deadline for the oil price cap for Russian oil expires. Today, all eyes are set on Russia to see what vessels will be...
Read more

DSME terminates LNG carrier contract with a Russian client

glory 28-11-2022 17:57 Area News
South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has canceled a contract for the construction of an LNG carrier from a client from Russia. The contract termination was assigned to delays...
Read more

Our Services

Latest News

29 03, 2023

Lomar launches new tech venture to tackle “maritime challenges”

Read more
29 03, 2023

Titan takes delivery of first of two small-scale LNG carriers from Seapeak

Read more
29 03, 2023

Hafnia and CSSC Shipping opt for sustainable financing for two LNG-fuelled ships

Read more
All news

Currency Rates

Currency Buy Transfer Sell
AUD
AUSTRALIAN DOLLAR 		15,281.85 15,436.21 15,933.47
EUR
EURO 		24,773.52 25,023.76 26,160.70
GBP
POUND STERLING 		28,198.21 28,483.04 29,400.59
HKD
HONGKONG DOLLAR 		2,915.15 2,944.59 3,039.45
JPY
YEN 		173.28 175.03 183.45
RUB
RUSSIAN RUBLE 		- 290.54 321.68
SGD
SINGAPORE DOLLAR 		17,212.40 17,386.26 17,946.34
USD
US DOLLAR 		23,280.00 23,310.00 23,650.00
Rates updated at 29/03/2023 20:55 for reference only