Ukraine Says it Sunk a Russian Patrol Ship Near Crimea
Ukrainian sea drones hit and sank a Russian Black Sea Fleet patrol ship off occupied Crimea in an overnight attack, the Ukrainian military said on Tuesday.Ukraine's GUR military intelligence agency said a special unit called Group 13 had fired Magura V5 maritime drones at the Sergey Kotov near the Kerch Strait, which connects the Sea of Azov to the Black Sea.It said on the Telegram messaging app that the vessel had sustained damage to the stern, starboard and port sides, at an estimated cost of $65 million."Right now this ship is on the seabed as a result of fire damage by unmanned boats…
Ukrainian Sea Drones Damage Russian Black Sea Fleet Patrol Ship Near Crimea
Ukrainian sea drones damaged a Russian Black Sea Fleet patrol ship off occupied Crimea, Ukrainian military intelligence said on Tuesday.The intelligence agency said on Telegram messaging app that its special unit Group 13 attacked the Russian Black Sea Fleet patrol ship Sergey Kotov near the Kerch Strait."As a result of a strike by Magura V5 maritime drones, the Russian ship Project 22160 Sergey Kotov sustained damage to the stern, starboard and port sides," it said. The message added that the ship was worth about $65 million.Andriy Yermak…
Higher Capesize Rates Drive Baltic Index Higher
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday, aided by firm capesize rates. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, snapped a two-session losing streak after rising by 36 points, or 2.1%, to 1,737. The capesize index added 136 points, or 5.5%, to hit 2,610- its highest level in nearly five months. Average daily earnings for capesize vessels, which typically transports 150…
Five More Cargo Ships Head for Ukraine's Black Sea Ports -deputy PM
Five more ships are on their way to Ukrainian sea ports using a new corridor opened to resume predominantly agricultural exports, an alternative arrangement to the Black Sea grain deal blocked by Russia, a top Ukrainian official said on Sunday."5 new vessels are waiting to be loaded in Ukrainian ports," Deputy Prime Minister Oleksandr Kubrakov said on the X social media platform."Bulk carriers OLGA, IDA, DANNY BOY, FORZA DORIA, NEW LEGACY are going to export almost 120,000 (metric) tons of Ukrainian grain to Africa and Europe," he added.Kubrakov also said that three bulk carriers - Azara, Ying Hao 01, and Eneida - left Ukrainian ports earlier on Sunday using the "temporary corridor established by the Ukrainian Navy" and carrying 127,000 tons of agricultural products and iron ore.The three
Ships Backed Up in Black Sea Lanes as Russia Warning Shots Raise Tensions
Merchant ships remained backed up in lanes around the Black Sea on Monday as ports struggled to clear backlogs amid growing unease among insurers and shipping companies a day after a Russian warship fired warning shots at a cargo vessel.Russia said its Vasily Bykov patrol ship on Sunday fired on the Palau-flagged Sukru Okan vessel after the ship's captain failed to respond to a request to halt for an inspection. After an inspection, the vessel continued its journey towards the Ukrainian port of Izmail along the Danube river…
Ukraine Hits Russian Tanker with Sea Drone near Crimea Bridge
A Ukrainian sea drone full of explosives struck a Russian fuel tanker near a bridge linking Russia to annexed Crimea, the second such attack in 24 hours, both sides said on Saturday.No one was hurt, but the Crimean Bridge and ferry transport were suspended for several hours, according to Russian-installed officials in Crimea, which Moscow seized from Ukraine in 2014.A Ukrainian intelligence source told Reuters that the drone with 450 kg of explosives hit the SIG vessel as it transported fuel for the Russian military in Ukrainian territorial waters."The tanker was well loaded with fuel, so the 'fireworks' were seen from afar," the source said…
165 Ships Have Left Ukraine Ports Under Grain Deal
A total of 165 ships with 3.7 million tonnes of agricultural products on board have left Ukraine under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports, the Ukrainian infrastructure ministry said on Sunday.The ministry said 10 ships with 169,300 tonnes of agricultural products are due to leave Ukrainian Black Sea ports on Sunday."At 10:00 a.m., 8 ships left the ports of Great Odesa, and 2 more are waiting for their turn and favourable conditions," the ministry said in a statement.Ukraine's grain exports slumped after Russia invaded the country on Feb.
Some 720,000 t of Food Have Left Ukraine Under Grain Export Deal
A total of 33 cargoes carrying around 719,549 tonnes of foodstuffs have left Ukraine under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports, the Ukrainian agriculture ministry said on TuesdayThe Joint Coordination Centre in Turkey that monitors the implementation of the agreement put the total amount of grain and foodstuffs exported from three Ukrainian Black Sea ports since the deal was reached at 721,449 tonnes. Ukraine's grain exports slumped after Russia invaded the country on Feb.
Baltic Index Steady as Lower Rates for Smaller Vessels Offset Capesize Gains
The Baltic Exchange's main sea freight index was little changed on Tuesday as declines to multi-week lows in the panamax and supramax segments countered gains in capesize rates.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, edged down two points to 1,564 points.The capesize index .BACI was up for the second session, gaining 45 points, or 3.1%, at 1,510 points.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal…
Cargill, MV Cargo to Build Grain Terminal in Ukraine
Cargill and MV Cargo formalized their intention to construct a grain terminal in the port of Yuzhny on the Black Sea coast in Ukraine by signing a Share Purchase Agreement (SPA). The signing ceremony was held in Ukrainian Prime Minister Arseniy Yatsenyuk‘s cabinet office in the presence of the U.S Ambassador to Ukraine and senior Ukrainian government officials. “Ukraine is already one of the world’s great agricultural producers, but it should be an agricultural superpower,” said U.S. Ambassador Geoffrey R. Pyatt during the ceremony. “I think I have a pretty clear idea of what American agricultural companies are now looking for,” he said.
InterManager Welcomes New Member
InterManager, the international trade association for the ship and crew management sector, has started the year by welcoming a new member. Ukrainian crew manager Alpha Navigation has been approved for Full Membership in what InterManager Secretary General Kuba Szymanski says is a significant move. “Ukraine is an important crew-supply area and we are delighted to welcome Alpha Navigation as the first InterManager member from this country and also our first new member of the year,” he said. Based in Odessa, one of the biggest ports in the Mediterranean and Black Seas area, and with branches in most Ukrainian sea ports, Alpha Navigation represents more than 2,500 competent and qualified Ukrainian crew.
