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December 20, 2024
Sources and LSEG shipping information showed that a second shipment of 54,000 metric tonnes of Russian wheat, out of the 430,000 Egypt purchased in September, left the port at Novorossiysk last Friday. The Russian agricultural watchdog confirmed…
Posted to Maritime Reporter
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December 16, 2024
The EU's crop-monitoring service reported on Monday that cereal fields are in general good condition in Europe after a mild, dry spell helped them recover from an autumn soggy. However, grain belts near the Black Sea lack hardiness for the winter.
Posted to Maritime Reporter
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December 16, 2024
Denys Schmyhal, Ukrainian Prime Minister, said that a deal to allow the transit of Russian Gas through Ukraine would not be extended past the end of this year as certain European countries intensified their search for supplies. Shmyhal wrote…
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December 16, 2024
Denys Schmyhal, Ukrainian Prime Minister, said Monday that a deal to allow the transit of Russian Gas through his country will not be extended past the end of this year. Shmyhal wrote on Telegram after speaking with Slovak Prime Minster Robert…
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December 16, 2024
Analysts report that the Northwest European imports for residual fuel oil in November were at their highest level in three years. This was due to a rush to replenish the scarce supply of high sulphur fuel oils (HSFO). The Amsterdam-Rotterdam-Antwerp (ARA) area…
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December 16, 2024
In a Monday statement, the EU Commission announced that it had adopted a fifteenth package of sanctions for Russia's invasion of Ukraine. This included tougher measures towards Chinese entities, and more vessels of Moscow's shadow fleet. The total number of vessels listed has increased by 52…
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on
December 16, 2024
In a Monday statement, the EU Commission announced that it had adopted a fifteenth package of sanctions for Russia's invasion of Ukraine. This included tougher measures towards Chinese entities, and an increase in vessels from Moscow’s shadow fleet.
Posted to Maritime Reporter
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December 16, 2024
Norway announced on Monday that it would be providing 2.7 billion crowns (242 millions of dollars) to help strengthen the Ukrainian Navy and deter Russian Naval Forces in the Black Sea. The government stated that a large part of the funds will…
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on
December 11, 2024
Diplomats reported that the European Union ambassadors had agreed on a 15th set of sanctions against Russia for its war in Ukraine. The package targets its shadow tanker fleet as well as Chinese companies making drones to be used by Moscow.
Posted to Maritime Reporter
on
December 10, 2024
A judicial source reported that an Italian court sentenced on Tuesday three people to prison terms of up to 16-years for their role in a shipwreck involving migrants in which 94 people perished last year. The nighttime shipwreck that occurred near Cutro in southern Calabria on February 26…
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December 10, 2024
Satellite images show that Russian naval vessels have left Moscow's Tartous base on Syria's coastline and some have dropped their anchors offshore after the overthrow by rebel forces of Syrian President Bashar Al-Assad. A photo taken by Planet…
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December 8, 2024
Three sources who have direct knowledge of this matter said that the first shipment of Egypt's 430,000 metric ton purchase of Russian wheat started loading on Saturday after a delay of nearly three months. The shipment of 63,000 tonnes has been…
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December 6, 2024
The Agriculture Ministry announced on Friday that Ukraine's grain imports for 2024/25 had reached nearly 18.9 million metric tonnes as of December 6, compared to about 13.7 millions tons in Dec. 2006, according to data. This volume consisted of 9.1 million tonnes of wheat…
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December 6, 2024
Chicago wheat futures contract lows are not indicative of global concerns about supply, but traders may want to pay more attention to what is happening in the Black Sea area. Winter wheat in Russia, the world's largest exporter of wheat, is in its worst condition ever.
Posted to Maritime Reporter
on
December 5, 2024
Chicago wheat futures contract lows are not indicative of global concerns about supply, but traders may want to pay more attention to what is happening in the Black Sea area. Winter wheat in Russia, the world's largest exporter of wheat, is in its worst condition ever.
Posted to Maritime Reporter
on
December 5, 2024
Three maritime security sources confirmed on Thursday that a rescue operation was underway for the crew aboard a cargo ship flying the Panamanian flag, which had been abandoned near the port of Hodeidah at the Red Sea. The number of crew members on board and the cause of the accident were not known.
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December 2, 2024
The presence of a Russian submarine in the Philippines exclusive economic zone in the South China Sea is "very worrying", said Ferdinand Marcos Jr. on Monday. "That is very worrying." Marcos said that any intrusion in the West Philippine Sea or our EEZ is very concerning.
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December 2, 2024
VTB, Russia's second-largest lender, will purchase the Zvezda Shipbuilding Yard from Rosneft. However the deal is in its initial stages. VTB CEO Andrei Kostin said. VTB currently runs the United Shipbuilding Corporation of Russia (USC), Russia’s largest shipbuilder.
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December 1, 2024
Interpress, a Georgian news agency, reported that protesters against the government in Georgia blocked the access road to the main commercial port of the country at the Black Sea town of Poti on Sunday. Protesters blocked at least one entrance of the port complex on Thursday…
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November 29, 2024
Three traders on Friday said that the freight rates for Russian oil transport are expected to increase due to the upcoming winter season and new sanctions imposed against Russian fleet. The UK has introduced the most severe sanctions against Russia's shadow fleet of merchant ships.
