How Russia’s shadow fleet is sailing around oil sanctions

How Russia’s shadow fleet is sailing around o...

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The history of light (classic)

How do you measure human progress? Light is the answer.For thousands of years, getting light was a huge hassle. You had to make candles from scratch. This is not as romantic as it sounds. You had to get a cow, raise the cow, feed the cow, kill the cow, get the fat out of the cow, ...  Show more

Is this how the great international borrowing spree ends?

In recent months, there have been serious whispers about an outrageous possibility: that one day soon, France — the seventh largest economy in the world — might not be able to pay back its debts. Right now, protesters in France are complaining about crumbling schools, the lack of ...  Show more

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Ghost ships
Business Daily

A shadow fleet of old and poorly maintained ships is cruising the high seas, often hiding their true identities through a series of shell companies.Their numbers have grown massively since Russia’s full-scale invasion of Ukraine. Lloyd’s List estimates as many as 12% of tankers a ...  Show more

Ukraine war: Economic fallout
Business Daily

Nearly a year since the Russian invasion of Ukraine, Ed Butler examines the real state of the Russian economy. Ami Daniel, chief executive of Windward, a maritime data company, tells Ed about the Russian oil tankers transferring millions of tonnes of crude oil between ships to by ...  Show more

Dark ship-to-ship transfers keep Russian oil flowing despite sanctions
Oil Markets

More and more ships are turning off their transponders in the Black Sea in risky but lucrative trades. Deep discounts on Russia's main export crude, Urals, and refined products such as gasoil and diesel, are attracting strong market interest. And dark shipping in "no man's lan ...

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