Tag: Russia

Stella Maris has warned of the escalating dangers faced by seafarers navigating through the Red and Black Seas en route to Ukraine.

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, explores the 135% jump in Russian clean petroleum products heading to Brazil as trade patterns have changed following EU sanctions.

According to sources from the European Union, the European Commission is likely to suggest imposing penalties on vessels transporting North Korean military equipment to Russia, as well as on tankers that violate the G7's price limit for Russian oil, Reuters highlights.

An Egyptian wheat ship, the Wadi Almolouk, was allowed to sail from a Russian port after waiting three weeks for the correct paperwork amid a dispute a Russian grain trader and local regulators.

According to American Club, in response to evolving geopolitical dynamics and efforts to constrain Russian revenues amid ongoing conflicts, changes to the Oil Price Cap (OPC) scheme have been implemented, impacting the transport and insurance of specific Russian cargoes. 

According to EIA, China, imported 11.3 million barrels per day (b/d) of crude oil in 2023, 10% more than in 2022, according to China customs data.

Seafarer charity Stella Maris is warning that Ukrainian seafarers are experiencing increased levels of loneliness and depression amid fears of conscription if they return home as the war enters its third year.

On April 8, the Katerina Velikaya, Russia's specialized ice navigation vessel, caught fire during repair works at the Dalzavod shipyard in Vladivostok, Primorsky Krai. 

Νew analysis from Vortexa focuses on Russian crude flows to China and India, assessing the impact on flows and freight from recent developments in US sanctions and India’s policy towards Russian tankers.

According to Bloomberg, the Houthis in Yemen have stated that they will refrain from attacking vessels from China and Russia as they traverse the Red Sea and Gulf of Aden.