Tanker With Russian LNG Diverts From U.K. Amid Port Ban
(Bloomberg) --
A tanker carrying Russian liquefied natural gas canceled its scheduled arrival at a U.K. terminal even though a ban on Russian ships using British ports doesn't apply to ships carrying cargo from Russia.
The Fedor Litke, a Cyprus-flagged LNG vessel laden with a cargo from Yamal in northern Russia, changed its destination Tuesday after previously signaling it was headed to the U.K.'s Isle of Grain terminal, ship-tracking and port data show. There's no Russian LNG scheduled for British ports in the foreseeable future, the data show.
U.K. Transport Secretary Grant Shapps told Britain's ports earlier this week not to provide access to Russian ships, as the country moved to further expand its sanctions against Vladimir Putin's regime in the wake of the invasion of Ukraine. The order doesn't apply to ships carrying cargo from or to Russia as long as they aren't Russian ships, a government spokesman said Wednesday.
At least seven tankers with Russian LNG including the Fedor Litke headed toward or in the northwest Europe area are signaling “for orders,” meaning their destination is yet to be set by the vessels' operators. One ship, the Christophe de Margerie, changed its destination from Montoir, France, to the open-ended signaling early Wednesday. Montoir port data still shows the tanker's expected March 5 arrival.
©2022 Bloomberg L.P.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.