Page 75 - Intelligence Limited News Today

Action taken by the Office for Foreign Assets Control is the strongest carried out by US regulator against sanctions-circumventing ships not compliant with the G7 oil price cap on Russian exports

Scorpio Tankers president Robert Bugbee has sold 500,000 of his shares in the New York-listed product tanker owner for $32.2m amid a surge in the stock price to multiyear highs

Buyers from India, the second-largest importer, are shunning Russian oil grades that remain above the G7 cap because of the focus on compliance, says the International Energy Agency

US bans 17 tankers and dark fleet owner Hennesea Holdings for Russia sanctions breaches | Houthi attacks to cut Suez oil trade flows by two-thirds, says IEA | Shipper disruptions from Red Sea ‘reaching peak’

Judgment identifies juridical basis on which implied insurance code arises as a matter of construction

Singapore-based carrier finalises deal, which had been rumoured for months, to complete its first dual-fuel orders. It expects methanol to have huge potential for emissions reduction

Technology is seen as being the means to transform the efficiency and resilience of supply chains

Air freight was seen as a natural extension during the pandemic boom years. Now CMA CGM will have to go back to the drawing board for its airborne ambitions

The impending end of the 2M alliance has marked the start of a shake-up of container shipping’s alliances. A new agreement between Maersk and Hapag-Lloyd will focus on reliability

Maersk and Hapag-Lloyd are recent divorcees starting anew. But Hapag-Lloyd’s departure threatens to wreak havoc in the family it left behind