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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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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.
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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.
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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.
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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.
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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.
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November 18, 2024
On Monday, a Russian-installed Crimean governor vowed revenge against "terrorists", who had killed a Russian navy captain of high rank in an attack claimed by Ukrainian security forces last week. Valery Trankovsky was the chief of staff for the 41st brigade…
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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.
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November 13, 2024
On Wednesday, a bomb placed under a car in the occupied Crimean city of Sevastopol exploded and killed a senior Russian navy officer. A Kyiv-based security source claimed that this was an attack by Ukraine on its most important target to date.
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November 13, 2024
On Wednesday, a bomb placed under a car in the occupied Crimean city of Sevastopol exploded and killed a Russian soldier. A Kyiv-based security source claimed that this was an attack by Ukraine on a senior naval officer accused of war crime.
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November 12, 2024
Two people familiar with the plan on Tuesday said that oil exports from Russia’s Black Sea Port of Novorossiisk will decline from 2.42 millions metric tons to 1,89 million metric tonnes, or about 460,000 barrels per daily, in November, from 2,42 million tons in Oct.
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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.
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November 7, 2024
Moroccan importers booked several loads of European Union wheat over the past few days, boosting EU exports amid fierce competition in the Black Sea so far this year, traders reported on Thursday. According to traders, Moroccan buyers purchased…
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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…
