Entries Written By Peter Williams
India Signals Change Through Vessel Age Limits
India is taking further steps to lower the footprint that their Shipping trade leaves. It is understood that a number of measures will be introduced, including the ban of Tankers and Bulkers older than 25 years, and Gas and Container vessels older than 30 years, from making port calls in India. Furthermore, secondhand vessels purchased …
Approaching Russian Oil Sanctions Spikes Tonnage Demand
According to VesselsValue trade figures, Russia has already begun to shift its crude exports towards Asia as we identify changes in trade flow patterns. Of the top 10 destinations for wet exports from Russia since the start of the conflict, the Netherlands has remained in the top spot. However, volumes exported have fallen considerably from …
What Happens in the Dark?
It has been reported by several agencies that grain from Ukraine is being loaded in Sevastopol, a major terminal in the province of Crimea, currently controlled by Russia. However, this is difficult to determine as the vessels in the relevant area of the Black Sea are increasingly operating in the ‘dark’. Going ‘dark’ refers to …