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08/12/2022at 15:34

Oil producers are uneasy over Russia price cap

According to the energy minister of Oman, there is broad concern among oil exporters about repercussions of the newly implemented price cap on Russian crude.
Photo: Hasan Jamali/AP/Ritzau Scanpix
By Paul Wallace, bloomberg news

Oman’s energy minister said there’s widespread unease among oil-reliant economies over the cap that the Group of Seven nations has imposed on the price of Russian barrels.

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Maersk group head at the time Jess Søderberg, Mærsk Mc-Kinney Møller, the Queen of Denmark, Margrethe II, and Prince Henrik of Denmark in 1997 when the ship was launched. | Foto: Carsten Andreasen/Ritzau Scanpix
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Maersk divests historic ship – was world's biggest in 1997

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Ports

Port of Rotterdam expects regular bunkering of methanol by the summer

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Tim Power, managing director and head of maritime advisors at maritime consultancy Drewry, is skeptic about Maersk's land freight ambitions. The picture is from the Marine Money conference in London in 2020. | Foto: Marine Money
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Police find 4.5 tonnes of cocaine aboard freighter at Canary Islands

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Car carriers have rarely seen such profits: "We are probably at an all-time high"

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Further reading

Foto: Tatiana Meel/Reuters/Ritzau Scanpix
Regulation

EU considers capping Russian fuel prices at USD 100 a barrel

With less than ten days until sanctions on refined petroleum products from Russia will be implemented, the EU is allegedly contemplating a price cap on the nation’s diesel at USD 100 per barrel.

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Carriers

Maersk Supply Service bags major offshore wind deal in Brazil

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Foto: Statoil/AP/Ritzau Scanpix
Offshore

Borr Drilling raises USD 400m to pay off debt

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Latest news

  • Maersk divests historic ship – was world's biggest in 1997 – 11:14
  • Port of Rotterdam expects regular bunkering of methanol by the summer – 11:13
  • Drewry director eyes one central weakness in Maersk's strategy – 10:26
  • Police find 4.5 tonnes of cocaine aboard freighter at Canary Islands – 07:55
  • Blue Water founder promises future "focus on profitable growth" – 27 Jan
  • Borr Drilling raises USD 400m to pay off debt – 27 Jan
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  • Maersk rebrands Hamburg Süd and several other well-known subsidiaries – 27 Jan
  • Car carriers have rarely seen such profits: "We are probably at an all-time high" – 27 Jan
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