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“The most recent attack on a laden tanker suggests things are getting worse, and not better,” said Anoop Singh, global head of shipping research at Oil Brokerage Ltd. The diversions have added 3 per cent to demand for clean tankers, which carry refined products, and about 1 per cent to dirty-tanker demand, he said.
“There are many external problems that can affect us,” he said during an interview at his office in Kuching city. “We must be able to look at ourselves and how we can strengthen our own competitive advantage,” he said, adding that “leaders cannot concentrate” if domestic politicians keep creating instability.
Members of a self-exiled Russian rock group known for opposing Moscow’s war in Ukraine face possible deportation home after being arrested in Thailand for breaking immigration rules.
Businessman Mokhzani Mahathir received an asset declaration notice from the agency, a spokesperson for the Malaysian Anti-Corruption Commission said on Saturday.
The trio are seeking 347,501 yuan (US$48,417) from Samlit Moneychanger Pte, as part of other claims, alleging breach of agreements, according to a suit filed to the city state’s courts in October and obtained by Bloomberg News.
Vietnamese internet start-up VNG Ltd withdrew its registration for an initial public offering in the US, raising questions about the gaming and messaging company’s growth plans.
“It’s a sovereign decision for Tuvalu just as it is a sovereign decision for us,” Wong said.