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August 8, 2024
British Airways announced on Thursday that it would stop flights from October 26 to November 2025. It did not elaborate on why. IAG-owned carrier will continue to fly daily between Shanghai and Hong Kong. The Russian airspace is now off limits to European and British airlines…
Posted to Maritime Reporter
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July 30, 2024
According to market data and LSEG on Tuesday, Russian shipping company Sovcomflot began transporting Urals crude to Asia this year via the Northern Sea Route. Melting ice has opened the Arctic transit route to transit shipments. Russia is looking for alternative routes from western ports to Asia…
Posted to Maritime Reporter
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July 23, 2024
Hans Grundberg, the U.N.'s Special Envoy for Yemen, told the U.N. Security Council that recent developments in the Red Sea suggest the threat of international shipping by Yemen's Houthis has grown. Grundberg, in a briefing about the situation…
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July 23, 2024
Shipping data from LSEG & Kpler revealed that a tanker involved in a collision last week near Singapore entered the Bertam floating oil storage terminal area on Monday morning, after being intercepted on Sunday by local authorities. On Friday…
Posted to Maritime Reporter
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July 23, 2024
India has increased its purchases of Russia’s Far East ESPO blend oil for arrival in June and July, as China, a major buyer of this grade, purchased less. This was confirmed by two sources who are involved in the Russian crude oil trade and LSEG data.
Posted to Maritime Reporter
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July 3, 2024
Two sources familiar with the operations of the company said that Russia's Sakhalin-2 Project has been suspending its oil production since June due to planned maintenance and repairs on its LNG plant. Sources claim that the maintenance of the…
