Tag: Ukraine

The European Commission proposed new sanctions against Russia, including a ban on buying Russian coal and on Russian ships entering EU ports, while it is also working on banning oil imports too.

A Dominican Republic-flagged vessel is sinking in the port of Mariupol after being hit by Russian troops, according to Ukrainian authorities.

Marine fuel sellers have stopped serving vessels that have a flag of Russia at major European hubs, such as Malta and Spain, as another effort to blow the exports of Moscow, following the invasion of Ukraine. 

Norway and the rest of Europe should close their sea ports to Russian ships, Ukrainian President Volodymyr Zelenskiy told the Norwegian parliament.

As the Standard P&I Club informs. Japan has imposed several rounds of sanctions targeting Russia, as a response to the country's military invasion of Ukraine in late February 2022.

At the end of February, AP Moller-Maersk, an integrated container logistics company and member of the A.P. Moller Group, halted all purchases of Russian-origin oil.

IMO’s Legal Committee approved a circular on Guidance on the impact of the situation in the Black Sea and the Sea of Azov on insurance or other financial security certificates.

Volume wise, Russia’s exports have, unsurprisingly, moved lower week by week since the invasion, and three weeks later were about 25% lower than the 2022 pre-war average.

Wärtsilä, a Finnish technology company who manufactures and services power sources and other equipment in the marine and energy markets, suspends all deliveries and sales to Russia following the invasion of Ukraine. 

Predictive Maritime Intelligence company, Windward, released its latest insight on the rise of “dark activity” involving tankers affiliated with Russian entities, or operating under the Russian flag.