Russia
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Tankers
Russian crude exports to the US set new records
Last month saw a record 5.75m barrels of Russian crude discharged in the US, with New York-headquartered commodities trackers ClipperData…
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Tankers
Sovcomflot seals Sakhalin-2 charters for LNG-fuelled aframax pair
Russia’s Sovcomflot and Sakhalin Energy, the operator of the Sakhalin-2 project, have signed long-term charters for LNG-fuelled tankers Korolev Prospect…
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Gas
Novatek details gas carrier fleet expansion plans
Novatek, the largest independent natural gas producer in Russia, has announced that it will be expanding its fleet of gas…
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Offshore
Biden sees Nord Stream 2 sanctions as counterproductive for European ties
United States President Joe Biden stood by his decision to waive sanctions against the company at the helm of the…
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Offshore
US blacklists 13 ships working on Nord Stream 2 pipeline project
The US has imposed sanctions on thirteen vessels involved in the construction of the Nord Stream 2 gas pipeline from…
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Dry Cargo
Cosco bulker spills oil off Sakhalin after fuel tank breach
A bulk carrier, identified as Cosco’s , had its hull breached during entry into Boshnyakovo Anchorage, western Sakhalin Island coast,…
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Containers
RUSCON expands operations in Rotterdam
RUSCON Group, one of Russian’s leading container transhipment companies, is expanding its operations in Rotterdam with the opening of Smartcontainer.…
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Europe
Russia closing Kerch Strait for six months
Russia’s Ministry of Defense has reportedly announced it will close the waters leading to the Kerch Strait, which connects the…
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Tankers
Government report suggests Russian crude output peaked in 2019
A draft document from the Russian Energy Ministry has been the subject of considerable comment in recent days with strong…
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Dry Cargo
Shake-up in the logs trade expected with new Russian export ban
The logs trade could be in for a big shake-up with a ban on Russian exports on the cards. Russia…
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Gas
Sovcomflot and Total seal long-term LNG carrier deal
Russia’s Sovcomflot (SCF) has sealed a seven-year time charter agreement with Total for a newbuild 174,000-cbm LNG carrier, with options…
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Operations
US to sanction Russian pipelay vessel involved at Nord Stream 2
The United States has informed Germany of its plan to impose sanctions on pipelay barge which is involved in the…
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Finance and Insurance
Sovcomflot, NYK and Samudera seal $155m refinancing of LNG carrier pair
Joint venture companies owned by Sovcomflot, NYK Line and Samudera have sealed a new eight-year $155m credit facility with MUFG…
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Gas
Sovcomflot seals deal for Arctic LNG carriers
Russian owner Sovcomflot (SCF) has signed 30-year time charter agreements for three icebreaking LNG carriers with Arctic LNG 2, the…
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Americas
Russian intelligence accused of bringing down Maersk’s IT infrastructure
Six Russian intelligence officers were charged by the US Justice Department with a string of hacking offences, including the NotPetya…
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Europe
Murmansk Shipping Company declared bankrupt
Murmansk Shipping Company has been officially declared bankrupt by a local arbitration court in Russia this week, bringing to a…
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Finance and Insurance
Tepid launch for Sovcomflot’s long-awaited IPO
Sovcomflot, Russia’s top shipping line, had a tepid launch yesterday on the Moscow Stock Exchange. The company’s shares fell after…
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Ports and Logistics
FESCO president attacked as Vladivostok port strike takes ugly turn
A strike at Vladivostok port has turned violent. Senior management of FESCO, the main shareholder in the Commercial Port of…
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Offshore
Polarcus stacks vessel redelivered by Sovcomflot
Dubai-headquartered seismic specialist Polarcus has taken redelivery of 2012-built survey vessel from Sovcomflot and immediate stacked the vessel, now renamed…
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Gas
Novatek secures FSU financing from Gazprombank
Russian gas producer Novatek has secured a loan of EUR522m with a period of 16 years from Gazprombank to finance…
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