Russia
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Tankers
Shadow fleet faces tricky path to the breaker’s torch
With the numbers of the so-called shadow tanker fleet peaking 10 months ago, there’s now evidence that many of the…
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Tankers
Iraq seen replacing Russia as India’s top source of crude
India has pivoted back to Iraq for its crude oil supplies with Russian imports held up by the Red Sea…
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Europe
Ukraine intensifies Russian refinery campaign
February 24 will mark the second anniversary since Russia unleashed the largest attack on a European country since World War…
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Ports and Logistics
Novatek’s Baltic terminal attacked by long-range drones from Ukraine
Ukrainian forces conducted a drone attack on Russia’s largest Baltic port over the weekend. The operation, which used two long-range…
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Africa
Sovcomflot reflags en masse to Gabon
Gabon, a small Central African nation on the Atlantic coast, was last year’s fastest-growing shipping registry. In the opening days…
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Operations
Fire hits Russian nuclear-powered ship
A fire broke out on a Russian nuclear-powered general cargo ship in the northern Russian port of Murmansk but was…
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Regulatory
US slaps sanctions on Sovcomflot manager and traders of Russian oil for price cap breaches
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued new sanctions on Sovcomflot shipmanager and…
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Regulatory
New EU oil cap sanction rules announced
The European Union has unveiled its 12th package of sanctions against Russia, with tankers very much included in the set…
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Tankers
IMO adopts shadow fleet resolution
The International Maritime Organization (IMO) has adopted a resolution targeting illicit shipping practices from the so-called shadow or dark fleet amid considerable…
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Regulatory
Russia fails to win re-election to IMO Council
Russia lost its re-election bid to the ruling council of the International Maritime Organization (IMO) on Friday. Other member states…
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Europe
‘No one has caused greater harm to free navigation than Russia’: Zelensky addresses the IMO Assembly
Addressing the the 33rd Assembly of the International Maritime Organization (IMO) yesterday via video link, Ukrainian president Volodymyr Zelensky described…
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Dry Cargo
Bulk carrier hits mine off Ukraine
The 12-year-old 75,200 dwt bulk carrier – on charter to Cargill – struck a mine on Friday in waters off…
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Tankers
US slaps sanctions on three more Dubai-based tanker owners
The US has slapped sanctions on three Dubai-based shipping companies and three tankers for shipping oil sold above the G7’s…
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Finance and Insurance
Insurance premiums climb in wake of latest Russian missile attack
Ukrainian authorities insist the country’s maritime export corridor remains open for business despite Tuesday’s deadly missile attack on a Liberian-flagged,…
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Europe
Putin hands control of FESCO to Rosatom
Far Eastern Shipping Company (FESCO), Russia’s top container name, has a new owner. Yesterday president Vladimir Putin decided to transfer…
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Tankers
Growth of the shadow fleet has made Russian oil price cap ‘unenforceable’: World Bank
Russia’s swift build-up of a so-called shadow fleet of tankers – estimated to number more than 600 ships – has…
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Shipyards
Russia in talks with China to develop shipyards
Russia is in talks with China to develop shipbuilding expertise across the world’s largest country. Andrey Kostin, CEO of Russia’s…
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Operations
Russians drop explosive devices along Ukrainian grain corridor
The Russian Air Force has reportedly dropped at least four explosive devices into the transport routes of the unilateral Ukrainian…
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Containers
Chinese boxship becomes focus of Baltic pipeline damage probe
A Chinese containership is at the centre of a Finnish inquiry into possible sabotage of the Balticonnector gas pipeline linking…
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Ports and Logistics
Putin seeks international investment for Arctic shipping during visit to Beijing
Attending China’s Belt and Road infrastructure forum in Beijing yesterday, Russian president Vladimir Putin sought international investment to develop the…
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