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Tag: Russia


Impact & Regulations

Putin bans oil sales to countries abiding by the price cap

December 28, 2022

Via: Offshore Energy

To remind, at the beginning of December, the Group of Seven (G7) nations and Australia joined the EU in setting a $60-a-barrel cap on Russian seaborne crude oil. The move has been described as a way of cutting Russia’s financial […]


Shipping

Plans primed to get more Ukrainian exports moving

August 29, 2022

Via: Splash 247

The Ukrainian prime minister has given the go-ahead for locals to work as seafarers abroad, a significant fillip to crewing levels which have been hit hard in the six months since Russia invaded Ukraine, leading to a mass mobilisation of […]


Shipping

Shipping must navigate its way through 2,400 sanctions in wake of Russia’s war in Ukraine

July 8, 2022

Via: Splash 247

Shipping has to navigate more than 2,000 sanctions in the new complex trading world following Russia’s invasion of Ukraine. UK-based marine assurance tech firm MIS Marine has tallied the number of individual sanctions that shipping faces and has come up […]


Impact & Regulations

Transportation Sector Rallies to Provide Help to Ukrainians

April 22, 2022

Via: Transport Topics

The transportation industry has stepped up to assist the people of Ukraine in the wake of Russia’s invasion of the country that triggered a refugee crisis. “The war unfolding in Ukraine is a terrible tragedy,” Trucking Cares Foundation Chairman Phil […]


Impact & Regulations

49 MPG Fuel-Economy Standard Ordered for Cars by 2026

April 1, 2022

Via: Transport Topics

The Biden administration ordered carmakers to increase their average fuel economy to about 49 mpg by 2026, in an ambitious effort to make up for progress stalled when President Donald Trump rolled back the efficiency program. The new fuel economy […]


Infrastructure

House GOP Presses Oversight on Infrastructure Affairs

March 31, 2022

Via: Transport Topics

With a new $1 trillion infrastructure law potentially facilitating the distribution of billions of dollars in extra funding for infrastructure projects over the coming years, Republican leaders on the transportation panel in the U.S. House intend to push the Biden […]


Impact & Regulations, Shipping

Shell sorry for buying Russian crude, pledges to withdraw from all Russian oil & gas

March 8, 2022

Via: Offshore Energy

Shell first announced its intention to exit its joint ventures with Russia’s Gazprom and related entities about a week ago. These include a 27.5 per cent stake in the Sakhalin-II liquefied natural gas (LNG) facility, its 50 per cent stake […]


Shipping

Canada prohibits Russian ships from entering its ports, waters

March 3, 2022

Via: Offshore Energy

The ban is expected to be in effect later this week through orders made pursuant to the Special Economic Measures Act. These actions are part of ongoing coordination efforts among G7 partners and like-minded countries to hold Russian leadership accountable […]


Shipping

Container shipping companies halt shipments to and from Russia

March 2, 2022

Via: Offshore Energy

The bookings suspensions are a result of severe sanctions on Russia imposed by governments around the world. The international sanctions target Russian transport, energy and financial sectors. Maersk: Stability and safety of operations impacted by sanctions Danish container shipping and […]


Shipping

How a Ukraine-Russia Conflict Impacts Shipping

January 31, 2022

Via: gCaptain

The escalation in tension between Ukraine and Russia has many wondering what impact such a potential conflict could have on international and American shipping. The tension between the two nations stems from the breakup of the Soviet Union in 1991. […]