Greek shipping tycoon Evangelos Marinakis said he would be ready to pay fees to transit the Strait of Hormuz if that would keep the waterway open to shipping. ft.trib.al/gNQD4q2
How Europe learned to stop worrying and love… state aid
@bmoens.bsky.social & @alicemhancock.bsky.social on the dangerous weapon with the power to break the EU single market
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Financial Times
Henry Foy
It is important that the @financialtimes.com, and @alicemhancock.bsky.social continue to shine a light on the loopholes that allow Russian LNG exports to benefit from Western services.
www.ft.com/content/945c...
Trump’s Hormuz ship insurance facility has done $0 business — partly because it was designed for naval escorts that have not materialised
Story with @leeharris.ft.com
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Denmark’s Fayard is the only remaining shipyard in Europe to service ice-class LNG tankers that export from Russia’s Yamal LNG. It’s not a sanctioned activity but has provided a critical lifeline for Russian gas to reach the EU.
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Yesterday Greek shipping tycoon George Prokopiou came as close as he’s come publicly to admitting that he has sent ships through the Strait of Hormuz and now he’s readying more…
as.ft.com/r/37082f61-d...
The Gulf conflict is pushing European chemicals manufacturers closer to breaking point with some warning that closures will cause a domino effect across the region.
More here with my colleague Jamie John www.ft.com/content/ca09...
Shipping companies are turning to trucks to move cargo across the Gulf as disruption in the Strait of Hormuz sends freight rates soaring and leaves goods stranded across global ports.
Tap the link here to read more: ft.trib.al/QLBa69f
