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Thursday, August 14, 2025

Maritime Blogs North Asia

Source in the Indian government says that Nayara Energy is looking for ships to transport refined fuels from India.

Posted to Maritime Reporter on August 7, 2025

A government source revealed on Thursday that the private refiner Nayara Energy backed by Russia, which had been sanctioned last month by the European Union, was seeking help from India's Shipping Ministry to obtain vessels for the transportation of its refined fuels.

Oil trader 2Rivers, formerly Coral Energy, begins dissolution process

Posted to Maritime Reporter on August 6, 2025

The company announced on Wednesday that the Dubai-based oil trading firm 2Rivers (formerly Coral Energy) has begun the formal dissolution process following the sanctions imposed by Britain and the European Union. The company said it took the decision with great regret…

Days after Trump's move, Russian and Chinese navies have practiced destroying an 'enemy sub'

Posted to Maritime Reporter on August 6, 2025

Russian and Chinese navies practiced hunting down and destroying an opponent submarine in the Sea of Japan. This was announced by Russia's Defence Ministry on Wednesday. Days earlier, U.S. president Donald Trump had said that he moved two U.S. nuke subs closer towards Russia.

After Trump's order for a submarine, the Kremlin warns against nuclear rhetoric

Posted to Maritime Reporter on August 4, 2025

In its first reaction to Donald Trump's statement that he ordered the repositioning nuclear submarines in the United States, the Kremlin warned everyone on Monday against using nuclear rhetoric. Dmitry Peskov, Kremlin spokesperson, played down…

Two people are killed in a collision between a bus and a train in Russia's Leningrad Region

Posted to Maritime Reporter on August 4, 2025

The regional railway administration reported on Monday that at least two people died and 10 were injured in a collision between a bus and a freight rail in the Russian region of Leningrad. The railway administration in Leningrad, northwest Russia…

Russian and Chinese naval forces conduct anti-submarine and artillery drills in the Sea of Japan

Posted to Maritime Reporter on August 3, 2025

As part of joint exercises scheduled, the Russian Pacific Fleet said on Sunday that the Russian and Chinese navies were conducting artillery and counter-submarine drills at sea in Japan. Two days after U.S. president Donald Trump claimed that he had a plan, the drills take place.

As Putin attends a scaled-down Navy Day, Ukrainian drones are targeting St Petersburg

Posted to Maritime Reporter on July 27, 2025

Russian authorities reported that Ukrainian drones attacked St. Petersburg Sunday. The airport was forced to close for 5 hours during Vladimir Putin's celebration of Russia's Navy Day. This occurred despite the fact that the naval parade had been cancelled earlier due to security reasons.

Shipbuilding chief: Russia's sole aircraft carrier is likely to be scrapped, or sold.

Posted to Maritime Reporter on July 25, 2025

The chairman of Russia's State Shipbuilding Corporation told Kommersant in comments published Friday that the Admiral Kuznetsov aircraft carrier, which is 40 years old, will likely be sold or scrapped. Andrei Kostin made his remarks after a…

After the latest round of peace negotiations, Ukraine and Russia launch drone attacks

Posted to Maritime Reporter on July 23, 2025

Officials from both sides confirmed that Ukraine and Russia carried out drone attacks against each other on Thursday morning, just hours after the conclusion of the most recent round of direct negotiations aimed at finding an end to the war, which has lasted nearly three years and a half.

Saudi Arabia was the top buyer of Russian fuel in June, according to data

Posted to Maritime Reporter on July 23, 2025

According to traders and LSEG, Saudi Arabia was the number one destination for Russian fuel oil and vacuum gasoline (VGO) seaborne exports in June. The hot summer required increased energy consumption. The Middle East and Asia became the primary…

Russia launches major naval drills on the Pacific, Arctic and Baltic Seas

Posted to Maritime Reporter on July 23, 2025

The defence ministry announced that Russia began large-scale naval drills on Wednesday, involving over 150 vessels and 15 000 military personnel. These drills will take place in the Pacific and Arctic Oceans as well as the Baltic and Caspian Seas.

Sources: Second tanker skips fuel lift from Nayara sanctions-hit

Posted to Maritime Reporter on July 23, 2025

According to three sources in the industry and LSEG's ship tracking data, a tanker won't load fuel as planned from India’s Nayara Energy Refinery, which is under sanctions. This vessel will be the second to alter its plans after the European Union restrictions.

UK sanctions target 135 Russian tankers from the shadow fleet

Posted to Maritime Reporter on July 21, 2025

The UK imposed new sanctions Monday on Russia's "shadow fleet", which includes 135 oil tanks, as well as two Russian companies: shipping company Intershipping Services LLC, and oil trader Litasco Middle East DMCC. The British government says…

After a decline in wheat sales, Russia takes measures to boost agricultural exports

Posted to Maritime Reporter on July 10, 2025

After international wheat sales fell to their lowest levels since 2008, the Russian government has ordered measures to boost agricultural exports. Meanwhile, traders report that new crops are slow to arrive at Black Sea terminals. Sovecon estimates that July wheat exports will be between 2…

Study shows that high interest rates in Russia may prompt a surge in distressed asset M&A.

Posted to Maritime Reporter on July 16, 2025

A study by top law firms found that high interest rates may encourage mergers and acquisitions in Russia, even though Western sanctions and a lack of liquidity among buyers will likely limit growth for the time being. The study found that the…

The European Commission proposes a floating Russian oil price cap

Posted to Maritime Reporter on July 10, 2025

Four EU diplomats say that the European Commission will likely propose a floating Russian crude oil price cap as part of a draft new sanctions package this week in an effort to overcome the opposition of some member states. In its 18th package of sanction against Russia…

Officials confirm that the Ukraine killed the deputy head of Russian Navy in Kursk.

Posted to Maritime Reporter on July 3, 2025

Oleg Kozhemyako said that Major General Mikhail Gudkov was killed in the Kursk region of Russia. Gudkov had been the deputy chief of the Russian Navy and also led a brigade which fought against Ukraine. In the past, unofficial Russian and Ukrainian…

Germany takes additional measures to combat Russia's "shadow fleet"

Posted to Maritime Reporter on July 1, 2025

The German Foreign Ministry announced on Tuesday that it would take additional measures against Russia's "shadow fleet", which operates in the Baltic Sea and North Sea. Western sanctions designed to cut Russia's oil revenue following its invasion in Ukraine have resulted in the growth of a vast…

The price of Russian ESPO Blend oil remains stable despite strong demand

Posted to Maritime Reporter on July 1, 2025

Four traders reported on Tuesday that the premiums for ESPO blend crude oil shipping from Russia's Kozmino Port late in July or early August to China are unchanged compared with those for earlier in the month. The Chinese said that the premium over ICE Brent was greater than $2 per barrel…

Italy has frozen Russian oligarchs assets worth more than $2.6 billion

Posted to Maritime Reporter on June 23, 2025

Data provided by Italian authorities shows that Italy has frozen Russian assets worth around 2.3 billion euro ($2.64 billion), with the latest seizures taking place at the beginning this month. Italy has seized bank accounts, yachts, luxury…

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