Michelle Wiese Bockmann
Principal Analyst, Lloyd's List Intelligence
Latest From Michelle Wiese Bockmann
Tanker freight rates strengthen even as electric cars weigh on oil demand growth
Slowing demand for middle distillates, such as diesel, gasoil and jet fuel, underpinned this month’s lower oil demand growth forecast of 1.1m bpd, to reach 103.2m bpd in 2024
US-sanctioned Hennesea tankers turn to fake flag of Eswatini
The future of Hennesea’s sanctions-busting tankers perceived as the first real test of the efficacy of enforcement and compliance of the G7 oil price cap imposed on Russia nearly 17 months ago
Tankers shipping Russian oil defy regulators as UK-sanctioned shipping companies disband
New technical, commercial and shipmanagement structures established to move tankers, underscoring what many describe as a giant game of regulatory ‘whack-a-mole’ under way in sanctions compliance and enforcement for the G7 oil price cap
Russia oil logistics hotspot off Greece interrupted
Laconia Bay, a ship-to-ship transfer hotspot for Russian crude off the Greek coast, is free from Russian oil-carrying ships for the first time in the past 18 months amid reports of a Greek naval exercise taking place
High freight premiums to ship Russian crude supercharge profits for sanctioned trades
Freight assessments from Argus Media highlight challenges facing Western regulators in enforcing the G7 price cap on Russia’s oil and shipping sector
Parallel fleet of dark tankers shipped just over half of Russian oil in April setting fresh record
Sixty-four percent of tankers calling at the Federation’s ports in April, measured by deadweight, had no known P&I insurance