Category: Marines from all over the world

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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The sinking of the "Moskva"

The Russian guided missile cruiser "Москва", "Moskva", hull number 121, sank on 14 April 2022. The previous afternoon, information spread that the lead ship of the Russian Black Sea Fleet had been hit by coast-to-ship missiles. The Ministry of Defence in Moscow confirmed the sinking without mentioning the missile fire. Tass reports that ammunition exploded as a result of a fire, causing severe damage. The crew was evacuated, it added. Attempt at an analysis The hype surrounding the sinking of the cruiser, already stylised as a battleship by some media, is dying down. A salvage ship, the 110-year-old "Kommuna", was launched (MFO reported). The Russian...

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Yachts hidden by straw man

The interest and the gloating continue unabated. It has now been revealed that a "front man" may have hidden Russian yachts worth a billion dollars. In the race to seize the assets of sanctioned Russian billionaires, the US authorities are claiming that a Russian tycoon acted as a "front man" for two yachts worth billions. According to reports, this also includes the 700 million dollar superyacht "Scheherazade", which is associated with Russian President Vladimir Putin. On the South Pacific island of Fiji, the USA is now also trying to seize the 325-million-dollar yacht "Amadea". Court documents there are said to be a...

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