Category: Marines from all over the world

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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Chinese submarine newbuild recognised

Chinese submarine newbuild recognised

Gepostet von | 30 May 2022 | , , , | 0

This section of a satellite image from Planet Labs shows a Chinese shipyard in Huludao in the northern province of Liaoning - and a submarine in its dock. However, the size and top view do not quite correspond to the types known to date. As two green areas are also visible aft of the tower and cross-shaped control surfaces with a casing can be seen at the stern, experts suspect that this is the prototype of a submarine class equipped with vertical launchers (VLS) and pump-jet propulsion. Chinese plans China has been pursuing the goal of being able to launch land and sea-based cruise missiles from submerged boats (long-range offensive strike capability) for some time. Should the two greenish...

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Two launches and one shot

Two launches and one shot

Gepostet von | 30 May 2022 | , | 0

Just no small stuff: India's navy was able to report two launches and a missile shot within a few days in mid-May. Both the "Surat", a Project 15B destroyer of the Visakhapatnam class, and the "Udaygiri", a Project 17A frigate of the Nilgiri class, were christened and launched at Mazagon Docks Ltd in Mumbai. "Surat" is the fourth and, for the time being, probably the last ship in the batch of the improved Kolkata class (7,300 tonnes). It is named after a port city 250 kilometres north of Mumbai, where extremely durable ships are said to have been built 300 years ago - they lived to be a good 100 years old and were still seaworthy! About that...

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Russians export oil in large quantities

Russians export oil in large quantities

Gepostet von | 30 May 2022 | , , , , | 0

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

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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