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2022 May 5
https://www.hellenicshippingnews.com
Demolition market devoid of ships
Increasing Covid-19 outbreaks in China is stalling their domestic steel demand recovery further during what is typically a peak period for steel consumption...
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2022 May 5
https://lloydslist.maritimeintelligence.informa.com
Sanctions force massive Sovcomflot tanker sale
Up to a third of Sovcomflot’s owned fleet is up for grabs as the Russian state tanker giant looks to repay outstanding western loans before restrictions take effect...
2022 May 18
Redirection of oil exports
Amid the pressure of sanctions on exports of its energy, Russia is interested in redirection of oil exports to the countries of Asia and Africa. Major global oil suppliers can share those markets with Russia but it is necessary to accelerate implementation of the Vostok Oil project, build up Kozmino terminal capacity and proceed with domestic production of ship equipment. Redirection of oil exports