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The UK has sanctioned 135 ships and Lukoil's Dubai trading arm in a fresh move to disrupt Russia's shadow fleet and cut off oil revenues. |
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The EU has unveiled its new sanctions package against Russia, cutting the oil price cap to $47.6/bbl and blacklisting over 100 more vessels, including for the first time an Indian refinery linked to Rosneft. |
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The firm will launch bunker supply at OPL Dakar in Senegal from August, an Aurelio representative tells Ship & Bunker. |
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The European Commission is planning reforms to improve biofuel certification and traceability after a probe into Chinese imports revealed weaknesses, though no fraud was confirmed. |
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Lila Global has joined Tankers International's VLCC pool with its vessel Lila Kochi, expanding the pool to 29 ships. |
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US lawmakers have reintroduced two bills to curb emissions from shipping, after earlier proposals stalled in Congress. |
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Two maritime projects in Alaska and one project in Pennsylvania have been awarded funding. |
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CEO Dorthe Bendtsen sees a return to stronger profitability 'in the near future', she tells Ship & Bunker. |
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The company reported earnings before tax of $9 million in the year to April 30,down from $20 million in the same period a year earlier, while volumes held steady at about 12 million mt/year. |
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The tanker was arrested in relation to charges of smuggling two million liters of fuel. |
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