Athens-based dry bulk shipping firm Star Bulk Carriers revealed that its vessel Star Pavlina was […]
The post Star Bulk shares details of vessel loss amid Ukraine conflict, locks in six newbuilds on long-term deals appeared first on Offshore Energy.
Ukraine crisis
Damen hits record revenue of €2.5 billion
Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for […]
The post Damen hits record revenue of €2.5 billion appeared first on Offshore Energy.
https://www.offshore-energy.biz/damen-hits-record-revenue-of-e2-5-billion/
Shipping industry urges UN to evacuate 300+ seafarers still trapped in Ukrainian ports
Over 30 maritime organisations and companies are urging the United Nations Secretary-General to prioritise […]
The post Shipping industry urges UN to evacuate 300+ seafarers still trapped in Ukrainian ports appeared first on Offshore Energy.
US charges two for helping Russian oligarch’s superyacht dodge sanctions
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict
US authorities have charged two businessmen, Vladislav Osipov and Richard Masters, for enabling Russian billionaire Viktor Vekselberg’s motor yacht, named Tango, to evade sanctions.
Osipov is a Russian national with dual Swiss citizenship, while Masters is a British citizen. Both have been indicted for breaching sanctions laws, money laundering and committing...
https://www.ship-technology.com/news/us-charges-superyacht-sanctions/
Finland pumps €80m into Meyer Turku to overcome Ukraine war impact
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict
The European Commission (EC) has granted an €80m Finnish recapitalisation measure for shipbuilding company Meyer Turku to offset the financial hit from Russia’s invasion of Ukraine.
This measure aims to address the national shipyard’s liquidity challenges, which worsened due to the existing geopolitical crisis and related cost increases.
Provided in the form of a...
https://www.ship-technology.com/news/finland-meyer-turku-ukraine-war/
Russian Salvage Team Arrives At Kerch Strait Bridge
By Max Hunder and Jonathan Landay (Reuters) – Russian divers were to examine on Sunday the damage from a powerful blast on a road-and-rail bridge to Crimea that is an…
Explosion Cripples Kerch Strait Bridge
By Max Hunder and Jonathan Landay (Reuters) – A powerful truck explosion seriously damaged Russia’s road-and-rail bridge to Crimea on Saturday, hitting a prestige symbol of Moscow’s annexation of the peninsula and the key…
https://gcaptain.com/explosion-cripples-kerch-strait-bridge/
Oil Prices Could Stabilise As Supply Risks Reemerge
A recent news article published in the Bunker Post states that Oil could slow as supply risks return to fore.
Recent oil price declineA recent oil price decline could slow in the last quarter of the year and into 2023 as focus shifts from concerns over a recessionary hit to demand to tightening global supply, a Reuters poll showed.
A survey of 42 economists and analysts forecast benchmark Brent crude would average $100.45 a barrel this year, and $93.70 in 2023, down from estimates of $103.93 and...
https://mfame.guru/oil-prices-could-stabilise-as-supply-risks-reemerge/
Putin Wrecked Mykolayiv’s Shipyards But Not Its Spirit
By Marc Champion (Bloomberg) As Russia’s President Vladimir Putin formalized his annexation of a swathe of Ukrainian territory on Friday, the governor of Mykolayiv, a southern town under brutal bombardment since…
UN Trade Body Calls for More and Bigger Ships to Prevent Worsening Food Crisis
UNCTAD Secretary-General Rebeca Grynspan is calling on the shipping industry to redouble its efforts to help get food and fertilizers from the Black Sea to global markets, saying more and…
https://gcaptain.com/un-trade-body-calls-for-more-and-bigger-ships-to-prevent-worsening-food-crisis/