tanker

Russia Reshuffles Tankers to Keep Shipping Oil to China After US Sanctions

Aframax oil tankers that serviced crude oil exports from Russia’s western ports are now being redirected to the Russian Far East-China route to service the exports of Russia’s ESPO crude, a favorite with Chinese refiners, Bloomberg reports, citing shipbroker and ship-tracking data. The Biden Administration’s final sanctions on Russian oil trade were the most aggressive…

Read More
Hong Kong must act fast to catch up with Shanghai, Shenzhen, Singapore in flying green

Hong Kong must act fast to catch up with Shanghai, Shenzhen, Singapore in flying green

Hong Kong’s standing as an aviation and maritime hub was dealt a severe blow by the Covid-19 pandemic, China’s economic downturn and intensifying competition. Now, it faces another challenge: green fuel. The city trails regional rival Singapore on policies and supply chain development for sustainable aviation fuel (SAF), the most feasible decarbonisation solution for the…

Read More
Hong Kong must act fast to catch up with Shanghai, Shenzhen, Singapore in flying green

Hong Kong must act fast to catch up with Shanghai, Shenzhen, Singapore in flying green

Hong Kong’s standing as an aviation and maritime hub was dealt a severe blow by the Covid-19 pandemic, China’s economic downturn and intensifying competition. Now, it faces another challenge: green fuel. The city trails regional rival Singapore on policies and supply chain development for sustainable aviation fuel (SAF), the most feasible decarbonisation solution for the…

Read More