Posted to Maritime Reporter
on
July 10, 2025
Four EU diplomats say that the European Commission will likely propose a floating Russian crude oil price cap as part of a draft new sanctions package this week in an effort to overcome the opposition of some member states. In its 18th package of sanction against Russiaā¦
Posted to Maritime Reporter
on
June 21, 2025
The Russian Embassy in Mexico announced on Saturday that it was ready to share its energy technologies and supply Mexico with liquefied gas. "We already work with Mexico." "We have excellent LNG technology, and we're ready to share this technology and supply LNG tooā¦
Posted to Maritime Reporter
on
May 23, 2025
Sovcomflot, Russia's largest tanker company, suffered a $393 million net loss in the first three months of the year. The group blamed the decline on the new Western sanctions, which have caused operational issues, reduced revenues, and the idleness of some sanctioned ships.
Posted to Maritime Reporter
on
June 17, 2025
Taiwan signed a partnership agreement on Tuesday with U.S.-based Auterion and German-based Auterion to provide drone software that has been tested in Ukraine. The deal will help Taiwan strengthen its defences against the growing military threat from China, which is a giant neighbor.
Posted to Maritime Reporter
on
June 12, 2025
Four sources with knowledge of the situation said that most countries in the Group of Seven are willing to lower the G7 cap on Russian oil if the U.S. president Donald Trump opts out. The G7 leaders will meet in Canada on June 15-17 to discuss the price caps first agreed upon in late 2022.
Posted to Maritime Reporter
on
June 12, 2025
Four sources with knowledge of the situation said that most countries in the Group of Seven are willing to lower the G7 cap on Russian oil if the U.S. president Donald Trump opts out. The G7 leaders will meet in Canada on June 15-17 to discuss the price caps first agreed upon in late 2022.
Posted to Maritime Reporter
on
May 30, 2025
The captain of the container ship which collided with a U.S. oil tanker near Britain's East Coast pleaded guilty to manslaughter through gross negligence in London on Friday. Vladimir Motin was a Russian citizen, aged 59. He was the captainā¦
Posted to Maritime Reporter
on
May 22, 2025
Francois-Philippe champagne, Canada's finance minister, said that discussions about tariffs were held during the G7 meeting of financial leaders. This was despite the fact that they had been mentioned in the final communiquĆ©. At the conclusion of the meetingā¦
Posted to Maritime Reporter
on
May 22, 2025
An official from Europe said that on Thursday, the United States was "not convinced" by the idea of lowering the price cap for Russian crude oil set by the Group of Seven Nations (G7). The European Union proposed lowering the cap to a level indicative of $50 per barrel.
Posted to Maritime Reporter
on
April 25, 2025
The World Bank steering committee endorsed on Friday the lender's plans for exploring options to expand access to energy, including possible financing for nuclear power. This is in line with U.S. President Donald Trumpās directives to increase energy financing.
Posted to Maritime Reporter
on
April 24, 2025
Canada's Francois-Philippe Champagne, Canada's Minister of Finance, said that the Group of Seven Industrial Democracies continues to be united. However tensions remain amongst them over the tariffs imposed by the U.S. Champagne said at a briefingā¦
Posted to Maritime Reporter
on
April 24, 2025
Canada's Francois-Philippe champagne, Canadaās Finance Minister said Thursday that the Group of Seven biggest economies remain united but there are tensions between them over the tariffs imposed by the United States. Champagne said at a briefingā¦
Posted to Maritime Reporter
on
April 24, 2025
The Crimean Peninsula, which Russia took from Ukraine in 2014., is the focal point of the most serious East-West standoff that has occurred since the Cold War. This issue led to a clash between U.S. president Donald Trump and President Volodymyr Zelenskiy on Tuesday.
Posted to Maritime Reporter
on
April 22, 2025
It's easy to miss the recent shift in the global wheat market narrative. The world's exportable wheat supply is not expected to drop to a multi-year low in 2024-25, as was predicted by recent trends. The relief may only be temporary. The upcoming harvests of wheat in Russia and Ukraineā¦
Posted to Maritime Reporter
on
April 21, 2025
These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these stories. Estonia warns that lifting Russia sanctions would harm EU taxpayers. The British Financeā¦
Posted to Maritime Reporter
on
April 17, 2025
Maria Zakharova, spokeswoman for the Russian Foreign Ministry, said that Estonians' adoption of legal changes allowing their navy to use force on foreign vessels is a provocative act that puts shipping and security at risk in the Baltic Sea.
Posted to Maritime Reporter
on
April 9, 2025
Two U.S. Senators, both from the Democratic and Republican parties, introduced legislation on Wednesday that establishes a Fund to enforce sanctions against Russia's so-called "ghost fleet" of oil tankers it relies on in order to avoid Western sanctions due to its war with Ukraine.
Posted to Maritime Reporter
on
April 7, 2025
Two sources reported on Monday that the Black Sea CPC blend oil exports were reduced to 1.6 millions barrels per day (or 6.2 million tons) from 1.7million bpd as outlined in the preliminary plan. Caspian Pipeline Consortium exports Kazakhstan's and Russia's crude oil via the Black Sea.
Posted to Maritime Reporter
on
April 6, 2025
Ukraine's officials reported that three women were injured, and several fires started in the aftermath of a Russian air strike on Mykolaiv, a region located in southern Ukraine. Vitaly Kim, the governor of Mykolaiv, posted on Telegram that the attackā¦
Posted to Maritime Reporter
on
April 2, 2025
The Kremlin confirmed on Wednesday that a visit by Kirill Dmitriev - the investment envoy of Russian President Vladimir Putin - to the United States to meet with Donald Trump's officials is possible. However, it declined to provide any additional details.
