Category: Shipping

The Neptune anti-ship missile: The weapon that can sink cruisers

The Neptune anti-ship missile: The weapon that can sink cruisers

Gepostet von | 1 Jun 2022 | , , , , | 1

And: a small island with strategic significance It was a home-made Ukrainian weapon - two R-360 Neptune anti-ship missiles, to be precise - that brought the defenders what was probably the most memorable victory of the war so far: the sinking of the Russian Black Sea flagship Moskva. Why was the Moskva so symbolically important for both sides? On the same day that Russian President Vladimir Putin announced a "special military operation" to "demilitarise and denazify" Ukraine, the guided missile cruiser "Moskva", the flagship of the Russian Black Sea Fleet, arrived off the tiny Snake Island accompanied by the patrol ship "Vasily Bykov" and demanded the surrender of the 13 soldiers stationed there. The answer...

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Attack on yacht off Yemen

Attack on yacht off Yemen

Gepostet von | 31 May 2022 | , , , , | 0

ATALANTA: Continued need for maritime security Armed men attacked the sailing yacht Lakota off the Yemeni coast on 19 May and attempted to board it. The ship remains unmolested and safe. However, the incident makes it clear that pirates and militant forces in the region continue to pose a potential threat. According to Operation Atalanta of the European Union Naval Force (EU Navfor), the sailing trimaran "Lakota" was south-east of the Yemeni port of Hodeidah in the southern Red Sea near the strategically important Bab-el-Mandeb Strait when three boats with five people on board, flying the flag of...

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Greece becomes a hub for Russian oil

Greece becomes a hub for Russian oil

Gepostet von | 31 May 2022 | , , , , | 0

Increasing transshipment of Russian fuel oil off the Greek coast leads to record levels. Sanctions against Moscow are prompting traders to find new ways to export Russian oil via ship-to-ship (STS) cargoes, according to data from Refinitiv Eikon and sources. Trade in Russian crude oil and oil products remains legal for now as the European Union has yet to fully agree on a proposed embargo, but banking and other financial sanctions against Russia following its invasion of Ukraine on 24 February are making this trade increasingly difficult. In April, almost 0.9 million tonnes of Russian heating oil were delivered to Greece, about double...

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Enormous: Suez Canal turnover at 7 billion US dollars

Enormous: Suez Canal turnover at 7 billion US dollars

Gepostet von | 28 May 2022 | , , , | 0

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

Croatia offers Adriatic ports for the transport of Ukrainian grain

Gepostet von | 27 May 2022 | , , , , | 0

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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