Russia
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Tankers
Chaotic scenes around the Dardanelles on the opening day of the Russia tanker ban
The unintended consequences of the new tanker trading era in the eastern Mediterranean are that Russian crude is still flowing…
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Tankers
Tankers in unknown territory as Russia bans start
Today marks a potentially transformative one for the crude tanker sector with the European Union ban on the import of…
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Tankers
Tankers ready for new trading map as Monday’s Russia ban looms
With just this weekend to go until crude tankers enter a whole new world, the noose is tightening around Russian…
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Europe
Control of FESCO up for grabs following jail sentence of its largest shareholder
Following a four-year court battle, Ziyavudin Magomedov was sentenced to 19 years in jail yesterday over corruption charges. His leading…
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Dry Cargo
Vintage capes deployed to ship coal from Russia to China
Since the European Union banned coal imports from Russia, export volumes have fallen, forcing Russia to discount coal outside the…
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Gas
DSME cancels last of three Sovcomflot LNG carriers
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has cancelled a third and final order for a specialised icebreaking LNG…
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Tankers
West Arctic Ocean emerges as major source of crude for India
A new source of Russian crude has emerged for India – the West Arctic Ocean. This new activity which has…
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Regulatory
Washington outlines impact Russian sanctions will have on shipping
Details of the Russian oil price cap and penalties and bans against shipping companies who infringe sanctions due to come…
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Containers
New Russian boxships ordered for trade with Iran
According to Alphaliner, Russia’s United Shipbuilding Corporation (USC)will build four sea-river container/MPP ships of 435 teu for GTLK, the largest…
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Tankers
Russia’s crude fleet deemed ready for December 5 EU ban
With 13 days to go until the European Union’s ban on Russian crude shipments kicks in, analysts at BRS reckon…
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Tankers
Tankers in six-digit territory ahead of EU’s Russian crude ban
Tanker rates are surging into six-digit territory. How the sector’s fortunes fare once new European Union bans kick in on…
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Europe
Russia bans foreign ships from crossing the Kerch Strait
Russian authorities have banned vessels loaded outside of Russia and Russian-occupied territories from crossing the Kerch Strait from the Black…
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Operations
India’s foreign minister touches down in Moscow for key trade talks
India’s foreign minister S Jaishankar touched down in Moscow this morning for talks with his counterpart Sergei Lavrov as trading…
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Finance and Insurance
UK confirms it will not insure ships carrying Russian oil
The UK treasury has confirmed it will not allow any British insurers to cover ships carrying Russian oil from December…
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Operations
Russia returns to Black Sea grain deal
Russia will renew its involvement in the Black Sea grain deal, the country’s defence ministry said in a statement on…
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Dry Cargo
Grain exports from Ukrainian sea ports halted
Grain exports from Ukrainian sea ports have been halted today as the security situation in the Black Sea remains tense…
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Dry Cargo
Tug attack darkens prospects for Black Sea grain shipments
Monday saw convoys of ships carrying Ukrainian grain depart for voyages across the Black Sea, but the security situation along…
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Dry Cargo
Black Sea grain shipments under threat as Russia walks away from UN deal
Dry bulk watchers are keeping a close eye on vessels heading in and out of the Black Sea today to…
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Europe
Ice-class ‘crunch’ coming as Russian winter approaches
Analysts at BRS are predicting a “crunch” on ice-class tonnage as Russia’s winter approaches, something that could drive premiums for…
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Europe
Russia rushes to fix tanker fleet with six weeks to go until EU crude ban starts
With six weeks to go until Europe’s ban on Russian crude kicks in, the scale of the global tanker fleet…
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