By Philip Blenkinsop BRUSSELS, May 6 (Reuters) – The European Union would ban trans-shipment of Russian LNG, the use of EUports by vessels transporting goods contributing to Russia’s war effort and make…
https://gcaptain.com/eu-eyes-shipping-violations-in-new-sanctions-package/
By Julia Payne and Kate Abnett BRUSSELS, April 25 (Reuters) – The European Commission’s next sanctions package is expected to propose restrictions on Russian liquefied natural gas (LNG) for the first time,…
By Julia Payne and Kate Abnett BRUSSELS, April 24 (Reuters) – The European Commission is expected to propose sanctions on ships delivering North Korean military equipment to Russia as well as tankers…
https://gcaptain.com/eus-proposed-russia-sanctions-to-target-more-ships/
Japanese Prime Minister Fumio Kishida and other Group of Seven leaders adopted a set of additional sanctions against Russia over its war on Ukraine at an online G-7 summit Friday to mark the one-year anniversary of the start of the invasion, reports the Economic Times.
The leaders renewed their commitment to “intensifying our diplomatic, financial and military support for Ukraine, to increasing the costs to Russia and those supporting its war effort,” and countering...
https://mfame.guru/japan-and-other-g7-nations-step-up-russian-sanctions/
Asia may be able to incrementally absorb only half the Russian crude volumes displaced as a result of the European Union sanctions taking effect, and the price cap of $60/b may not be able to create immediate hurdles for oil flows from the non-OPEC supplier, analysts and...
https://mfame.guru/asia-could-absorb-half-the-russian-crude-displaced-after-eu-sanctions/
The EU is set to impose sanctions on Russia’s seaborne crude oil imports on Monday, while experts voice supply concerns as 1.1 million barrels per day (bpd) of Russian oil is expected to go unsold, reports AA.
Russia-Ukraine conflictTo restrain Russia’s economy due to its conflict with Ukraine, the EU decided on June 3 to suspend purchases of Russian crude oil beginning Dec. 5, despite its heavy reliance on Russian hydrocarbon products. The EU will also stop...
https://mfame.guru/russian-oil-at-risk-of-not-finding-buyers-with-sanctions-kicking-in/
A vast shadow fleet of tankers with unknown owners is being amassed to service Moscow’s interests. Intense US-led diplomatic wrangling to soften aggressive European Union sanctions has been going on for months but time is ticking.
A Pre-hand WarningThe US has been sounding the alarm for months that Europe’s...
https://mfame.guru/with-eu-sanctions-at-bay-russian-oil-logistics-in-disarray/
The UAE’s Abu Dhabi National Oil Co. will supply German companies with LNG and diesel cargoes in 2022 and 2023 as Europe’s biggest oil consumer seeks to diversify energy sources amid reduced supply of Russian gas and upcoming European Union sanctions on crude and oil product imports from Moscow,...
The European Commission has revised its stance on fertilizer sanctions on Russia in lieu of the Ukraine- Russia tussle. Brussels’ new position...
https://mfame.guru/a-whimsical-eu-sanction-comes-with-an-adverse-impact-on-the-third-world/
Sales of ice-class tankers have surged in recent months
Russian cargoes to bypass Europe once EU sanctions kick-in
A recent news article published in the Bloomberg states that Shipowners Rush for Tankers to Move Russian Oil This Winter.
Owners of oil tankers are buying up shipsOil tanker owners are snapping up vessels that can haul cargoes in icy seas, a development that could help Moscow overcome the threat of a shipping bottleneck this winter.
About $1 billion was spent on secondhand...
https://mfame.guru/shippers-scramble-for-tankers-to-deliver-russian-oil-this-winter/