Oil shipping states get loophole in EU's new Russia sanctions
In a new sanctions package against Russia, the EU cracks down on exporting the warring nation’s crude to third countries – despite protest from countries like Greece and Malta. Although several states are given leeway in new sanction demands the EU Commission otherwise considers ”water-tight”.
by PETER THOMSEN, WATCH MEDia’s eu correspondent
PRAGUE – Looking forward, tankers carrying Russian oil to third countries will be required to provide crystal-clear documentation attesting to not sending any extra profit into the Kremlin’s wartime coffers.
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.