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Monday, April 21, 2025

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Financial Times - April 21

Posted to Maritime Reporter on April 21, 2025

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these stories. Estonia warns that lifting Russia sanctions would harm EU taxpayers. The British Finance…

Russia claims new Estonian legislation is a threat to Baltic shipping security

Posted to Maritime Reporter on April 17, 2025

Maria Zakharova, spokeswoman for the Russian Foreign Ministry, said that Estonians' adoption of legal changes allowing their navy to use force on foreign vessels is a provocative act that puts shipping and security at risk in the Baltic Sea.

Zelenskiy: Ukraine, UK and France discuss Black Sea Security

Posted to Maritime Reporter on April 15, 2025

The Ukrainian president Volodymyr Zelenskiy announced that on Tuesday, representatives from the United Kingdom, France, and Turkey will meet in Turkey to discuss Black Sea Security. Zelenskiy, along with NATO Secretary General Mark Rutte, said…

German court reviews seizure Russian tanker'shadow Fleet'

Posted to Maritime Reporter on April 14, 2025

The German finance ministry announced on Monday that a German court would consider a request for the release of an oil tanker believed to be a part of Russia's so-called "shadow fleet" used to circumvent oil sanction. In January, the Panama…

US bill creates fund for oil sanctions against Russia's ghost Fleet

Posted to Maritime Reporter on April 9, 2025

Two U.S. Senators, both from the Democratic and Republican parties, introduced legislation on Wednesday that establishes a Fund to enforce sanctions against Russia's so-called "ghost fleet" of oil tankers it relies on in order to avoid Western sanctions due to its war with Ukraine.

Sources say that Black Sea CPC blend oil exports for April were revised down to 1.6 millions bpd.

Posted to Maritime Reporter on April 7, 2025

Two sources reported on Monday that the Black Sea CPC blend oil exports were reduced to 1.6 millions barrels per day (or 6.2 million tons) from 1.7million bpd as outlined in the preliminary plan. Caspian Pipeline Consortium exports Kazakhstan's and Russia's crude oil via the Black Sea.

Ukraine reports three injured in the overnight Russian attack on Mykolaiv

Posted to Maritime Reporter on April 6, 2025

Ukraine's officials reported that three women were injured, and several fires started in the aftermath of a Russian air strike on Mykolaiv, a region located in southern Ukraine. Vitaly Kim, the governor of Mykolaiv, posted on Telegram that the attack…

Kremlin: Dmitriev, Putin's investment representative, may visit Washington

Posted to Maritime Reporter on April 2, 2025

The Kremlin confirmed on Wednesday that a visit by Kirill Dmitriev - the investment envoy of Russian President Vladimir Putin - to the United States to meet with Donald Trump's officials is possible. However, it declined to provide any additional details.

German wind farms are asked to install radar due to security concerns

Posted to Maritime Reporter on April 2, 2025

The Federal Maritime Authority announced on Wednesday that wind farms near the German coast in northern Germany have been requested to install radar equipment to improve surveillance of drones and ships. The Russian invasion of Ukraine, which…

Bolivia is expecting five fuel cargoes to pass through Chile before April 4, YPFB reports

Posted to Maritime Reporter on March 27, 2025

The company announced on Thursday that Bolivia's energy company YPFB will receive a total five cargoes of diesel and gasoline through Chile before April 4. Three of these cargoes are expected to be imported directly from Houston. YPFB confirmed on Thursday the origin of the goods…

Euronext is cautious about new contracts but proud of its core agricultural contracts

Posted to Maritime Reporter on April 1, 2025

Euronext wants to continue building on the record-breaking volumes of its main crop futures last year by attracting non-European participants like wheat importers from the Middle East. In an interview, Camille Beudin of Euronext, the head of diversified service and in charge of commodities…

Caspian Pipeline Consortium suspends operations at 2 of 3 mooring points in its sea terminal

Posted to Maritime Reporter on March 31, 2025

The Caspian Pipeline Consortium, which exports Kazakhstan and Russia's crude oil via the Black Sea to Europe, announced Monday that two of the terminal's three moorings points had been halted. CPC, which transports about 1% world oil and is a major route for Kazakhstan oil exports…

Putin launches Russia's nuclear-powered sub

Posted to Maritime Reporter on March 27, 2025

On Thursday, President Vladimir Putin launched a nuclear submarine with Zircon hypersonic missiles that can travel at speeds up to several times faster than sound. Citing documents related to the launch, the Russian agencies said that the Perm…

Six Russian tourists drowned in a tourist submarine off the coast of Egypt

Posted to Maritime Reporter on March 27, 2025

The local governor's offices confirmed that six foreigners died when a tourist sub sank near the Red Sea resort of Hurghada in Egypt. However, they did not confirm the nationalities. The Russian consulate at Hurghada confirmed that the "SINDBAD"…

Nutrien does not expect any major impacts from the Black Sea deal

Posted to Maritime Reporter on March 26, 2025

Nutrien stated on Wednesday that it does not believe the proposed Black Sea Shipping Deal between Ukraine, Russia, and the U.S. would have a significant impact on the North American or Global Fertilizer Market this year. Nutrien spokesperson…

Rubio: US to evaluate Russian demands on Black Sea ceasefire

Posted to Maritime Reporter on March 26, 2025

Marco Rubio, the U.S. Secretary for State, said that on Wednesday. The United States would evaluate any demands made by Russia following its "in principle agreement" with a ceasefire negotiated by the United States in order to ensure safe navigation through Black Sea.

Black Sea deal unlikely boost Russian food exports short-term

Posted to Maritime Reporter on March 26, 2025

Analysts and industry sources say that a potential agreement to ease restrictions on Russia’s access to international agriculture markets, hailed by Washington and Moscow, will not have a significant impact on the global food supply. The U.S.-brokered deal…

UN: Black Sea freedom of Navigation is crucial for global food security

Posted to Maritime Reporter on March 26, 2025

A deal on the freedom of navigation of ships and ports in the Black Sea, which would ensure the safety of civilian vessels as well as port infrastructures, "will make a significant contribution to the global food supply chain and security," said Stephane Dujarric…

UN: Black Sea freedom of Navigation is crucial for global food security

Posted to Maritime Reporter on March 26, 2025

A deal on the freedom of navigation of ships and ports in the Black Sea, which would ensure the safety of civilian vessels as well as port infrastructures, "will make a significant contribution to the global food supply chain and security," said Stephane Dujarric…

Officials say that Russia has launched a drone attack against a Ukrainian port which provides access to the Black Sea.

Posted to Maritime Reporter on March 26, 2025

The Russian drone attacked the Ukrainian port city of Mykolaiv, which provides access to the Black Sea for the country. It also struck Kryvyi Rih. Ukrainian officials claimed that this was the biggest drone strike on the city in the war. On Tuesday…