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EU adopts new Russia Sanctions Targeting China's Shadow Fleet

Posted to Maritime Reporter 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 more vessels of Moscow's shadow fleet. The total number of vessels listed has increased by 52…

EU adopts new Russia Sanctions Targeting China's Shadow Fleet

Posted to Maritime Reporter 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.

EU sanctions new drones, shadow fleets and Russians

Posted to Maritime Reporter 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.

Marcos, Philippines: Presence of Russian submarine is'very worrying'

Posted to Maritime Reporter on 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.

EU to add Chinese tankers and firms to Russia sanctions list

Posted to Maritime Reporter on November 26, 2024

EU diplomats have said that European Union envoys are set to discuss on Wednesday a 15th sanctions package in response to Russia’s invasion of Ukraine in 2022, including those affecting tankers transporting Russian oil, and Chinese companies involved in the manufacture of drones for Moscow.

Russian rescuers bring a killer whale back to the sea

Posted to Maritime Reporter on November 14, 2024

The Russian emergency situation ministry announced that on Thursday, Russian rescuers brought back a young female killer whaling to the Sea of Okhotsk after it washed up in the Far East. The ministry released a video showing a killer whale stranded on sand that was covered in snow.

LSEG data shows that India and Saudi Arabia were the top two buyers of Russian VGO fuel oil and VGO in October.

Posted to Maritime Reporter on November 11, 2024

LSEG data and traders' reports show that India and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports in October decreased by 3% compared to September.

South Korea's Yoon and Trump discuss security relations, shipbuilding, Seoul official claims

Posted to Maritime Reporter on November 6, 2024

A senior South Korean official revealed on Thursday that South Korean President Yoon Suk Yeol spoke with Donald Trump, the U.S. president-elect. They discussed maintaining close ties in all fields including security and economy. The official…

LSEG data shows that China and Saudi Arabia were the top two buyers of Russian fuel in September.

Posted to Maritime Reporter on October 17, 2024

LSEG data and traders' reports on Thursday showed that China and Saudi Arabia were top destinations for Russian seaborne VGO and fuel oil exports. According to calculations based upon LSEG data, the total fuel oil and VGO exported from Russian ports rose 2% in August to 4.2 million metric tonnes.

Quad group increases maritime security cooperation during Biden's Farewell Summit

Posted to Maritime Reporter on September 21, 2024

As outgoing U.S. president Joe Biden hosted his counterparts from the Quad, which was formed due to shared concerns regarding China, the leaders of Australia, India and Japan expanded their joint security measures in Asia's richly traded waters.

Data shows that Russia increased LPG rail exports from China to Russia by 40% between January and August.

Posted to Maritime Reporter on September 12, 2024

Calculations based on data and industry sources showed that Russian rail exports of liquefied gas to China increased by almost 40% in the period January to August, to 184,000 tons. Russian Railways imposed restrictions to ease bottlenecks in May and early June…

Canadian warship crosses Taiwan Strait and draws China's anger

Posted to Maritime Reporter on July 31, 2024

The Chinese rebuked Ottawa for the exercise, saying it undermined the peace. The Canadian defense ministry announced that the HMCS Montreal had recently conducted a routine passage through the strait. According to the minister of defence, this…

India increases ESPO Blend Oil purchases from June to August as Chinese demand declines

Posted to Maritime Reporter on 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.

Russia to open Arctic shipping route in 2024 for Urals crude oil to Asia

Posted to Maritime Reporter on 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…

US, Canada and Finland launch efforts to build icebreaking ships while China and Russia collaborate in Arctic

Posted to Maritime Reporter on July 11, 2024

A senior U.S. official announced that the U.S. will be forming a consortium with Canada and Finland to build icebreakers. This move is intended to boost shipbuilding among allies and to counter Russia and China's increasing influence in strategic polar regions.

Sakhalin-2 will suspend oil production for planned maintenance at the end of June or early July, according to sources

Posted to Maritime Reporter on 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…

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