By Alberto Nardelli (Bloomberg) — The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot PJSC in a move to limit the Kremlin’s ability to finance its war against Ukraine,…
https://gcaptain.com/eu-proposing-sanctions-on-russia-shipping-giant-sovcomflot/
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/
By Julian Lee (Bloomberg) — Oil tanker owners in Greece, the world’s most powerful shipowning nation, scaled back how much Russian crude they’re hauling, a decision that could ultimately disrupt the…
MOSCOW/LONDON, Nov 23 (Reuters) – Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders…
MOSCOW, Nov 14 (Reuters) – The Kremlin said on Tuesday that Russia was acting in its own interests when asked about a probe by the United States into alleged violations of Western…
https://gcaptain.com/kremlin-dismisses-us-probe-into-oil-sanctions/
By Sabrina Valle and Timothy Gardner HOUSTON, Oct 17 (Reuters) – An oil tanker that the U.S. government imposed sanctions on for recently carrying Russian oil above the Western price cap is…
https://gcaptain.com/sanctioned-tanker-heads-to-texas-for-unloading/
MOSCOW, Oct 17 (Reuters) – Oil freight rates from Russia’s Baltic ports to India are up some 50% since last week as more shipowners quit the market after the first U.S. sanctions on shipowners carrying…
By Sharon Cho (Bloomberg) — The price of Russian oil is nearing a threshold that could create complications for the country’s biggest buyers. The Group of Seven nations last year imposed…
https://gcaptain.com/russias-flagship-oil-is-moving-ever-closer-to-60-a-barrel-price-cap/
By Jeslyn Lerh DUBAI, March 14 (Reuters) – Oil storage demand and transit volumes are poised to grow further at the United Arab Emirates’ Fujairah port this year as Russian trade flows continue…
By Bloomberg News (Bloomberg) — Russia’s seaborne oil exports remained resilient in February, as the nation found new buyers even as the full force of Western restrictions was brought to bear. Oil-market watchers are closely following Russian export data for signs of disruptions after the European Union and the majority of Group of Seven nations banned most seaborne imports of oil and fuel in condemnation of the invasion in Ukraine. Aided by ‘shadow fleet’ of tankers, Russian producers have...
https://gcaptain.com/russian-oil-exports-prove-resilient-to-full-force-of-western-bans/