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Valaris Drillship Drifts Into Moored Bulker - Vimarsana News

Valaris Drillship Drifts Into Moored Bulker

On Saturday, a drillship broke loose from its moorings and drifted into a moored bulker on Bayou Cas...

Banned by Canada, Russian Ship Seeks to Transload Cargo - Vimarsana News

Banned by Canada, Russian Ship Seeks to Transload Cargo

Canada has banned Russian ships from its ports, but there may be a workaround for shipments still in...

Banks 'self-sanction' amid Russia risk contagion | Global Trade Review (GTR) - Vimarsana News

Banks 'self-sanction' amid Russia risk contagion | Global Trade Review (GTR)

Banks and trading companies are increasingly engaging in “self-sanctioning” against Russian entities in the shipping and commodities sector to avoid trouble with regulators and public displeasure, industry experts say. The US has blacklisted Sovcomflot, which owns a fleet of over 100 tankers, and several individual vessels. Sanctions against other companies and banks push the number ...

What is a good war? - Vimarsana News

What is a good war?

UNDER THE MICROSCOPE The whole world watched in horror and dismay when the president of Russia, Vladimir Putin, invaded Ukraine. We watched in shock at the utter destruction and deaths that the indefensible war has wrought on an independent, peaceful country minding its own business. Immediately

Source: mb.com.ph
Russia/Ukraine: economic fallout will be extreme! - Vimarsana News

Russia/Ukraine: economic fallout will be extreme!

Beyond the horrors and dreadful tragedies of the war in Ukraine there will be extreme economic fallout in the trade and investment space for many years to come. The conflict and sanctions imposed so far leaves banks, businesses and commodity trade severely exposed. What alternative supply solutions can be found?