Category: Headlines

Russians export oil in large quantities

Losses for Russia, but not massive Russia's seaborne crude oil exports from its western ports to Asian countries, especially India and China, rose again to more than 1 million barrels per day and could rise further. However, overall crude oil shipments remained virtually unchanged until 13 May as European Union countries continue to argue over a planned ban on Russian oil imports following the country's invasion of Ukraine. A total of 35 tankers loaded about 24.9 million barrels from Russian export terminals, according to ship-tracking data compiled by Bloomberg and reports from port agents. This put the...

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Enormous: Suez Canal turnover at 7 billion US dollars

Egypt expects the Suez Canal's revenues to reach around 7 billion US dollars by the end of the current fiscal year, Finance Minister Mohamed Maait said on 21 May. Tourism revenues are expected to reach between 10 and 12 billion US dollars by then, despite the Ukrainian crisis, he added. The Egyptian budget year runs from 1 July to 30 June. The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government's main sources of foreign exchange. Source: Thomson Reuters 2022/...

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Croatia offers Adriatic ports for the transport of Ukrainian grain

The European Commission introduced the so-called "solidarity routes" at the beginning of May to improve connections between the EU and Ukraine for grain exports, while Ukrainian ports remain blocked due to the Russian invasion. Croatia's Adriatic ports could provide an alternative route for the transport of grain from Ukraine, Jutarnji List reported, citing the State Secretary of the Croatian Ministry of European and Foreign Affairs. Following his participation in the General Affairs Council of EU27 ministers in Brussels on 23 May, Andreja Metelko Zgombić said: "During the debate, I pointed out that Croatia's Adriatic ports are available and could offer an alternative route for...

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Strategy is not a supreme discipline in Germany

8th Maritime Colloquium of the German Maritime Institute in Wilhelmshaven When the President of the German Maritime Institute (DMI), retired Rear Admiral Karsten Schneider, closed the DMI's 8th Maritime Colloquium with these words, it was possible to look back on a series of challenging presentations and panels. On 24 May 2022, maritime security experts gathered at the Atlantic Hotel Wilhelmshaven to discuss the topic: "The German Navy facing new tasks - new challenges - new capabilities?". The organiser was supported by the German Navy's Operational Flotilla 2, the griephan information service, the German Naval Association, the German Armed Forces Association and the German Atlantic Society. It was...

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Operational drive on the northern flank

"Mecklenburg-Vorpommern" left Wilhelmshaven for a mission without the usual fuss. Although family members and the music corps were present, there have been no official press invitations for the time being since the outbreak of the Ukraine crisis. Parliamentary State Secretary Siemtje Möller and her Slovakian counterpart Marian Majer were present at the farewell ceremony, as a Slovakian team is also on board. "Following an interim overhaul, the ship and crew have now completed a good nine months of operational training with a clear focus on national and alliance defence tasks," said frigate captain Hendrik Wißler, according to a statement from the navy. The task now is to utilise these capabilities as part of the rapid...

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