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Russia Oil Trade to China, India Stalls as Sanctions Drive up Shipping Costs

Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped, according to traders and shipping data. Washington imposed fresh...
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WAF VLCC tanker rates slide as sanctions-driven sentiment boost proves fleeting

Freight rates for Very Large Crude Carrier voyages loading in West Africa have slumped in the final decade of January after news of additional US sanctions on the dark fleet drove the market to multi-month highs. Sources noted that supply-demand fundamentals have been...
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Baltic index hits near two-year low on weaker rates across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its losses to a nearly two-year low on Tuesday, pressured by a dip in rates across vessel segments. The overall index, which factors in rates for...
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Family of Four Returning from Prayagraj Killed in Lucknow-Agra Expressway Crash

Family of Four Returning from Prayagraj Killed in Lucknow-Agra Expressway Crash
AGRA: A Delhi-based lawyer and his family were tragically killed in a car crash on the Lucknow-Agra Expressway under Fatehabad limits in Uttar Pradesh’s Agra district early Monday. Omprakash Singh, 42, a lawyer practicing at the Delhi High Court, his wife...
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Trump Praises India’s Stance on Repatriating Illegal Immigrants After Call with PM Modi

Trump Praises India’s Stance on Repatriating Illegal Immigrants After Call with PM Modi
U.S. President Donald Trump on Tuesday expressed confidence that India would take appropriate action regarding the repatriation of illegal immigrants following discussions with Prime Minister Narendra Modi. Speaking to reporters aboard Air Force One, Trump said,...
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Bureau Veritas Supports Final Delivery of CIMC SOE’s Third Advanced 7,600m³ LNG Bunkering Vessel

Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification, is pleased to announce the successful delivery of the third 7,600m³ LNG bunkering vessel, S1067, built by Nantong CIMC Sinopacific Offshore & Engineering Co.,...
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