By GMM News | 2025-02-06 | International Shipping News | An investigation has revealed that US and European shipowners sold at least 230 old tankers to Russia’s “shadow fleet”, which helps Russia evade sanctions on oil exports. […]
By GMM News | 2025-01-15 | International Shipping News | Sweeping U.S. sanctions on I will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to restrictions on tankers, analysts and traders said […]
By GMM News | 2024-12-12 | International Shipping News | Frontline PLC posted a profit of $60.5 million in the third quarter of 2024 despite challenging market conditions. The tanker shipping giant reported revenues of $490.3 million. The […]
By GMM News | 2024-12-10 | International Shipping News | A tanker hauling Russian crude from the Baltic Sea to India is taking an unusually long route around the UK, just as Britain expands sanctions against Russia’s […]
By GMM News | 2024-11-05 | International Shipping News | The UK government has announced stringent measures targeting the so-called “shadow fleet” of oil tankers operating with questionable insurance. The move comes as part of broader efforts to enforce […]
By GMM News | 2024-10-30 | International Shipping News | A tanker loaded with around 400,000 barrels of oil departed Mexico’s Pajaritos port on October 28, 2024, en route to Cuba, where severe energy shortages have thrown […]
By GMM News | 2024-08-28 | International Shipping News | Russia has started to use vessels sanctioned by the Europe Union (EU) for oil products exports, LSEG and market sources data showed. In June, EU countries adopted a 14th package of sanctions […]
By GMM News | 2024-08-05 | International Shipping News | Russia loaded a fourth sanctioned tanker owned by state-run Sovcomflot PJSC, testing the resolve of Group of Seven nations who’re attempting to clamp down on the fleet of ships […]
