The “shadow fleet” is not large enough to save Russian oil exports from Western sanctions, according to multiple analysts.
The U.S. and Ukraine have signed a letter of intent to facilitate private-sector investment in the war-torn country.
“Right now, shipping companies around the world are looking at this and scratching their heads,” says sanctions expert Bruce Paulsen.
If the U.S. curbed gasoline and diesel exports, tankers would sail longer distances to replace lost volumes — a plus for tanker earnings.
The Russia-Ukraine war caused demand for LNG to surge. Owners of LNG carriers are in prime position to profit this winter.
The cost of marine fuels is down sharply from the wartime peak, except for ‘clean’ LNG, which is getting even more expensive.
It looks increasingly likely that war-driven changes to global crude flows will persist for an extended period.
Fallout from the Ukraine-Russia war and concerns over power supply in Europe and Asia support demand for seaborne coal.
In February, Russia was still making around 40% more money off its exports of oil, gas and coal in May 2022 than it did one year earlier
The first half has been phenomenal for product tankers. How much of shipping upside is due to the war?
EU sanctions on Russian petroleum exports could have much more serious repercussions than earlier U.S. moves.
Tankers are loading up on American crude, diesel and gasoline exports. Can the free market withstand political pressure?
Atlas Air, Kalitta freighters spotted with military cargo at Air Force base
Without sanctions, tankers will keep loading Russian oil. ‘We’re not taking a moral high ground,’ says Frontline’s CEO.
First came a pause in cargo bookings to Russia. Now, ocean carriers have halted almost all of their Russian port calls.
Traton Group is glad it bought Navistar when it did. The U.S. truck and bus maker is helping offset war and other issues at the German holding company.
Container-ship transits of the Panama Canal are up as liners favor the East Coast. LNG transits are down as U.S. gas heads to Europe.
Retail stock pickers seem increasingly nervous about shipping. Shares of dry bulk, tanker, container and mixed-fleet owners all fell.
Russian imports via ocean, truck, rail and air are now being simultaneously squeezed. Shipping data shows growing pressure.
RH confirms sharp drop in demand since Russia-Ukraine war and sees no supply chain relief.
