Taiwan's coast guard detained the Hong Tai 168, a Chinese-owned freighter, on suspicion of severing an undersea communications cable off its western coast. The incident is suspected to be part of China's "grey zone" tactics.
Tankers carrying Russian oil are significantly less likely to have IG P&I insurance, finds a new KSE Institute report.
After collapsing last summer to RUB100 to the dollar , the Russian ruble has recovered a lot of ground and current settled at a relatively strong level of RUB90 to the dollar. Further appreciation will depend on sanctions relief, says Rencap.
The return of Realpolitik. True to his promise, President Trump and his team have actively engaged with the Kremlin and appear to have reached the broad outline of a roadmap towards a peace process.