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US prepares more sanctions on tankers carrying Russian oil, sources state

Posted to Maritime Reporter on January 6, 2025

understanding of the matter said on Sunday. workplace on Jan. complaints about the expense of U.S. support for Ukraine. will be. barrel cost cap, the sources stated. so-called shadow fleet of aging ships to evade the cap. professionals say. Since Russia's February 2022 invasion of Ukraine, the U.S.

Venezuela's oil exports in 2024 will rise 10.5% amid political turmoil

Posted to Maritime Reporter on January 3, 2025

Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.

Rio Tinto reports missing crew member from ship on route to Australia

Posted to Maritime Reporter on January 1, 2025

Rio Tinto, a miner in Australia, said that a deckfitter aboard its bulk carrier traveling from China to Western Australia had been reported missing the previous week. The Philippine Coast Guard is leading a search-and-rescue operation. Rio Tinto…

Kim praises new fish farm and calls for regional development

Posted to Maritime Reporter on December 29, 2024

State media KCNA reported on Monday that North Korean leader Kim Jong Un celebrated the completion a new fish farming facility in the east and called for the development of rural areas. This was amid concern over the chronic economic problems.

Saudi Arabia was top purchaser of Russian fuel oil and VGO in November, LSEG data programs

Posted to Maritime Reporter on December 23, 2024

( VGO) exports in November, according to traders and LSEG information. according to Reuters computations based upon LSEG data. products. million loads. million loads. according to market sources. refining feedstock swimming pool as more affordable alternative to Urals crude. also in China. Canal.

Taipei Mayor calls for lower tensions during rare Chinese official visit

Posted to Maritime Reporter on December 16, 2024

On Tuesday, the mayor of Taiwan’s capital city told Chinese officials that he wanted peace and less "howling of ships and planes" around the island. He said dialogue is better than confrontation. China, which views democratically-governed Taiwan as its own territory…

EU adopts new Russia Sanctions Targeting China's Shadow Fleet

Posted to Maritime Reporter on December 16, 2024

In a Monday statement, the EU Commission announced that it had adopted a fifteenth package of sanctions for Russia's invasion of Ukraine. This included tougher measures towards Chinese entities, and more vessels of Moscow's shadow fleet. The total number of vessels listed has increased by 52…

EU adopts new Russia Sanctions Targeting China's Shadow Fleet

Posted to Maritime Reporter on December 16, 2024

In a Monday statement, the EU Commission announced that it had adopted a fifteenth package of sanctions for Russia's invasion of Ukraine. This included tougher measures towards Chinese entities, and an increase in vessels from Moscow’s shadow fleet.

China breaks silence on possible drills and says it will not be lenient on Taiwan independence

Posted to Maritime Reporter on December 12, 2024

China's Defence Ministry broke its silence on Friday about military drills around Taiwan. The ministry said it was up China to decide if they would be held and that the military "would not be absent" from fighting against separatists forces.

EU sanctions new drones, shadow fleets and Russians

Posted to Maritime Reporter on December 11, 2024

Diplomats reported that the European Union ambassadors had agreed on a 15th set of sanctions against Russia for its war in Ukraine. The package targets its shadow tanker fleet as well as Chinese companies making drones to be used by Moscow.

Taiwan alerted as China deployed ships in possible drills

Posted to Maritime Reporter on December 9, 2024

Taiwan's military raised its alert on Monday and set up an emergency response center. It said that China had set up seven reserved zones of airspace, and sent naval fleets and Coast Guard boats to the waters around Taiwan. Security sources said that China…

The rift between China and the Philippines over South China Sea has deepened

Posted to Maritime Reporter on December 6, 2024

Under Ferdinand Marcos Jr., the Philippines has shifted its focus back to the United States and their support for the Southeast Asian nation's maritime disputes with China. JAN 3: The Philippines and United States conduct their second joint patrol of the South China Sea…

Taipei to host Shanghai delegation in rare high level visit

Posted to Maritime Reporter on December 4, 2024

Taiwan's capital is set to host a high-level Chinese delegation in the coming weeks when a Shanghai deputy mayor visits for a city forum. This trip will take place at a period of increased tensions along the Taiwan Strait. Yin Wei, spokesperson for Taipei City government…

Philippines and China exchange accusations about the confrontation in South China Sea

Posted to Maritime Reporter on December 3, 2024

Philippine and Chinese coastguards have reported contradictory versions of an incident that occurred in the South China Sea around a disputed shoal. This is the latest dispute in a long-standing dispute between these two neighbours. China's…

Philippine Coast Guard reports "aggressive Chinese actions" near Scarborough Shoal

Posted to Maritime Reporter on December 3, 2024

The Philippine Coast Guard said that Chinese coast guard and navy vessels took "aggressive action" on Wednesday against a routine fisheries patrol conducted by the PCG and its partners near the contested Scarborough Shoal, in the South China Sea.

Marcos, Philippines: Presence of Russian submarine is'very worrying'

Posted to Maritime Reporter on December 2, 2024

The presence of a Russian submarine in the Philippines exclusive economic zone in the South China Sea is "very worrying", said Ferdinand Marcos Jr. on Monday. "That is very worrying." Marcos said that any intrusion in the West Philippine Sea or our EEZ is very concerning.

China takes action against illegal Philippine vessels in disputed waterways

Posted to Maritime Reporter on December 2, 2024

China's coastguard said Monday it had taken the "necessary measures" to control an "illegal gathering of Philippine vessels" in disputed waters near the Iroquois Reef in the South China Sea. In a recent statement, Liu Dejun said that a number of Philippine vessels had "illegally"…

South Korea offers to purchase about 70,000 t of GMO-free soya beans

Posted to Maritime Reporter on November 28, 2024

Agro-Fisheries and Food Trade Corporation, a state-backed company in South Korea, has announced international tenders for the purchase of 70,000 metric tonnes of soybeans of high quality that are free from genetically modified organisms (GMOs), European trader said on Thursday.

EU to add Chinese tankers and firms to Russia sanctions list

Posted to Maritime Reporter on November 26, 2024

EU diplomats have said that European Union envoys are set to discuss on Wednesday a 15th sanctions package in response to Russia’s invasion of Ukraine in 2022, including those affecting tankers transporting Russian oil, and Chinese companies involved in the manufacture of drones for Moscow.

Rains flood Mississippi River; US soy exports at 4-year-high

Posted to Maritime Reporter on November 26, 2024

Government data shows that exporters shipped soybeans at their fastest rate in four years from the busiest U.S. grain port after rain increased water levels in Mississippi River. The Mississippi River is the most important grain waterway in the United States.

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