Russia Warns West: We May Work Around the Black Sea Grain Deal
Russia warned the West on Friday that unless obstacles to its exports of grain and fertilisers were removed, then Ukraine would have to export grain over land and Moscow would work outside the UN-brokered landmark grain export deal.The Black Sea grain deal is an attempt by the United Nations to ease a food crisis that predated the Russian invasion of Ukraine, but was made worse by the most deadly war in Europe since World War Two.The deal…
Saudi-led Coalition Eases Restrictions on Yemen's Imports
A Saudi Arabian-led military coalition lifted eight-year-old restrictions on imports headed for Yemen's southern ports, the internationally recognized authorities said, in a sign that peace talks are progressing with the Houthi group in the north.This follows the easing of restrictions in February on commercial goods entering the Houthi-held western port of Hodeidah, the country's main seaport, as…
Scotland's New First Minister Yousaf Visits Port of Aberdeen
Scotland's new First Minister Humza Yousaf and Just Transition Secretary Màiri McAllan this week visited Port of Aberdeen's £400 million South Harbour expansion.According to Port of Aberdeen, the duo heard firsthand how the port "supports Scotland's Just Transition and creates new opportunities in energy, trade, decarbonization, and tourism."Senior leaders from the port, Aberdeen & Grampian Chamber of Commerce…
Ukraine Could Export a Further 15.6 mln T of Grain This Season
Ukraine may export a further 15.6 million tonnes of grain in the April to June quarter, which would unexpectedly lift this season's exports to nearly 53 million tonnes, the AgroPortal agency quoted the first deputy farm minister as saying on Thursday.Ukraine's 2022 grain harvest fell sharply to around 53 million tonnes due to Russia's invasion of the country, from a record 86 million tonnes in 2021.Millions…
First Jones Act-compliant Offshore Wind Farm SOV Hits Halfway Mark
U.S. offshore shipbuilder and shipowner Edison Chouest this week marked the 50-percent completion milestone for the U.S.-flagged ECO Edison, the first Jones Act-compliant wind farm SOV. Senior executives from offshore wind developers Ørsted and Eversource toured the Edison Chouest Offshore shipyard in Louisiana to see the progress on the SOV.ECO Edison will be delivered in 2024 and immediately provide operational support out of Port Jefferson…
Swedish Prosecutor Believes State Actor Behind Nord Stream Pipeline Blasts
A state actor's involvement in the blast of the Nord Stream pipelines last year is the "absolute main scenario", though confirming identity will prove difficult, the Swedish prosecutor investigating the attack said on Thursday.In September 2022, several unexplained underwater explosions ruptured the Nord Stream 1 and newly-built Nord Stream 2 pipelines that link Russia and Germany across the Baltic Sea.
Euroseas CEO: New Charter for 'Synergy Keelung' Demonstrates Containership Market Resilience
Greece-based shipowner Euroseas has secured a new charter of its container vessel M/V “Synergy Keelung” for a period of between a minimum of twenty-four and a maximum…
World Court says it Can Rule on Guyana-Venezuela Border Dispute
Judges at the International Court of Justice (ICJ) on Thursday ruled they had jurisdiction over a long-running border dispute between Guyana and Venezuela, which could determine which country has rights to territory rich in oil and gas.Guyana in 2018 asked the ICJ, also known as the World Court, to confirm that the border was laid down in an 1899 arbitration between Venezuela and the then-colony of British Guiana.
Rare Shipments of North Sea Forties Crude Head to East Coast Refiners
U.S. and Canadian refiners have turned to North Sea "Forties" crude oil for the first time in seven years in the latest sign of changing global oil flows from Russia's invasion of Ukraine.
