You Searched For "sovcomflot" and got 16 results
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1 min read
Russia's largest shipping group forced to sell up to one-third of its ships to repay loans ahead of a Western sanctions deadline, report says
Sovcomflot is in talks to sell at least 40 of its 121 vessels to buyers in Dubai and China, an indu…
Kate Duffy
1 min read
Indian refineries are completely refusing oil from a key Russian shipping giant
Indian refineries are rejecting oil cargo carried by Sovcomflot, a Russian tanker firm that's been …
Filip De Mott
1 min read
Half of Russia's sanctioned oil tankers are now standing idle
Of the 50 tankers sanctioned by the US since October, 21 are now idle, no longer trading Russian cr…
Filip De Mott
1 min read
Ships carrying Russian diesel are idling off of Brazil in the latest hold-up for Moscow's energy flows
Russia has admitted recently that secondary sanctions from the West are choking its energy exports.
Yuheng Zhan
1 min read
5 million barrels of Russian oil on the way to India never arrived
It's unclear what prevented the crude deliveries from reaching India, but now the tankers are idlin…
Phil Rosen
1 min read
US oil suppliers are getting a boost from Russian sanctions as India looks to buy more from them
India imported an estimated 7.6 million of US barrels in March, a significant increase from the 3 m…
Filip De Mott
2 mins read
China is on pace to buy a record amount of Russian oil this month
China is expected to import 1.7 million barrels of Russian crude a day, taking over Indian demand, …
Filip De Mott
2 mins read
Russia’s energy trade with India could be strained amid fresh sanctions, report says
New restrictions on Moscow could mean higher freight costs and a lower discount on Russian crude, s…
Filip De Mott
1 min read
Sakhalin oil project hints at the potential collapse of Russian output when new EU sanctions take effect
Production at the Sakhalin-1 project sank after Exxon refused to accept local insurance for tankers…
Brian Evans
2 mins read
Russia's largest shipping company is selling ships to buyers in Dubai and Singapore to repay its debts to Western banks, a report says
A Sunday deadline for companies in the EU to cease business with Russia has pushed Sovcomflot to fi…
Sam Tabahriti
1 min read
Russian oil cargoes get new safety certifications from India to keep crude flowing as Western sanctions squeeze Moscow
India has furnished Russian cargoes with new safety certificates, which will allow the South Asian …
Phil Rosen
2 mins read
A Russian oil tanker is set to dock in the UK on Tuesday as the UK government considers banning Russian ships from British ports
The NS Champion, owned by Russian shipping company Sovcomflot, is expected to arrive at a port in O…
Kate Duffy
1 min read
Russian oil arrives in Cuba as Moscow finds alternative buyers for its shunned supplies
The tanker's cargo of 700,000 barrels of Russian oil is worth roughly $70 million at the current ma…
Brian Evans
2 mins read
Republican Sen. Tom Cotton got five-figure campaign contributions from a donor profiting off Russia's war on Ukraine
Tom Cotton supports messing with Vladimir Putin's finances. He's also taking campaign funds from a …
Warren Rojas
1 min read
UK asks ports to block Russian ships, including any vessels 'owned, controlled, chartered, or operated by any person connected with Russia'
The UK transportation minister issued the request on Monday, and said in a tweet that stiffer "proh…
Dominick Reuter,Kate Duffy
2 mins read
Russia is returning to the bond market for the first time since 2013
The list reportedly includes Russia's largest state-owned oil company, Rosneft, and its state-owned…