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August 1, 2024
Dmitry Patrushev who is responsible for the agricultural sector, a deputy prime minister, confirmed that Russia's official grain crop forecast was 132 millions metric tons this year despite poor weather in many regions. The extreme weather conditions…
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July 30, 2024
According to market data and LSEG on Tuesday, Russian shipping company Sovcomflot began transporting Urals crude to Asia this year via the Northern Sea Route. Melting ice has opened the Arctic transit route to transit shipments. Russia is looking for alternative routes from western ports to Asia…
Posted to Maritime Reporter
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July 30, 2024
Rosneft suspended the liquefied gas (LPG), shipments, from Rospan plants after a July 26 fire in one of its LPG production units. Rospan’s gas-processing facility in the Yamal Nenets region was hit by an explosion and fire last Friday. Rospan supplies LPG to Russian and international markets.
Posted to Maritime Reporter
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July 23, 2024
West, a UK ship insurer, said that it would be difficult to pay claims for ships involved with accidents or collisions involving other vessels insured by the sanctions-hit Russian Ingosstrakh. This is another indication of the difficulties with Moscow's oil trading.
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July 23, 2024
The farm ministry announced on Friday that Ukraine has harvested over 13.8 million tons of grain so far. According to the ministry, farmers have harvested 10.3 millions tons of wheat as well as 3.1 million tonnes of barley. In addition, 319.300 tons of beans were harvested.
Posted to Maritime Reporter
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July 23, 2024
On Thursday morning, the mayor of Novorossiisk in Russia's Black Sea port issued a sea-drone alert that lasted more than two full hours. Meanwhile, a group unmanned Ukrainian boats were destroyed near Crimea. In his first message sent via Telegram…
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July 23, 2024
India has increased its purchases of Russia’s Far East ESPO blend oil for arrival in June and July, as China, a major buyer of this grade, purchased less. This was confirmed by two sources who are involved in the Russian crude oil trade and LSEG data.
Posted to Maritime Reporter
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July 3, 2024
Two sources familiar with the operations of the company said that Russia's Sakhalin-2 Project has been suspending its oil production since June due to planned maintenance and repairs on its LNG plant. Sources claim that the maintenance of the…
