Tag: Russia

Ukrainian forces attacked drilling platforms in the Black Sea owned by a Crimean oil and gas company, the pro-Russian head of the annexed peninsula said on June 20.

A Cameroon-flagged car carrier called "Lider Bulut" was grounded in the Black Sea, off Tuapse, Russia, after having developed heavy starboard list because of a hull breach.

The US is urging European capitals to ease the impact of their ban on insuring Russian oil cargoes, claiming that this measure could cause global crude prices to skyrocket.

Providing an update regarding the ports' situation in the Black Sea and Sea of Azov, Standard Club informs about today's situation. 

IUMI published a statement on the Russian invasion of Ukraine, expressing its hope that regulators will collaborate with shipping to agree that any sanctions are feasible.

More than 40 marine fuel suppliers from around the world have gathered at this year’s Posidonia during a critical juncture for the US$300billion bunkering market, due to the double whammy of the geopolitical crisis and the uncertainty surrounding the regulatory framework pertaining to the decarbonisation of the shipping industry.

Former president Dmitry Medvedev said that Russia will cover Russian oil tankers to ensure they are able to continue making deliveries, if they are unable to get insurance because of Western sanctions.

Since February, the EU has imposed sixth packages of sanctions against Russia, including targeted restrictive measures (individual sanctions), economic sanctions and diplomatic measures. The EU has also adopted sanctions against Belarus in response to its involvement in the invasion of Ukraine.

Ukrainian media published photos of a product tanker that was allegedly hit by cluster submunition and damaged, on June 1. 

The UK and EU agreed to a ban on insuring ships carrying Russian oil, after the European Council earlier agreed to ban seaborne imports of Russian oil.