Russian Sanctions

gCaptain’s full coverage of western sanctions against Russia for its war in Ukraine.


Thursday, February 16, 2023
oil tanker
Shipping

Western Mediterranean Drug Trafficking Hub Used to Obscure Russian Oil, Report Says

By Elizabeth Low (Bloomberg) — There’s been a rise in shipping practices used to move Russian crude and oil products that are aimed at deceiving

February 16, 2023
Total Views: 3261

Maersk-Operated Tanker Denied Entry by Spain Seeks New Port
Shipping

Maersk-Operated Tanker Denied Entry by Spain Seeks New Port

LONDON, Feb 16 (Reuters) – Singapore-flagged tanker Maersk Magellan is looking for another location after being stopped from entering a Spanish port

February 16, 2023
Total Views: 6772

Wednesday, February 15, 2023
sovcomflot tanker in sea ice
Shipping

Russia’s Dark Tanker Fleet Gets Stretched Sailing Thousands of Miles

By Julian Lee (Bloomberg) — Russia assembled a huge fleet of tankers to beat western sanctions. They’re struggling to get the job done, writes

February 15, 2023
Total Views: 15898

Maersk Tanker Denied Entry to Spanish Port Over Russian-Linked Oil Transfer
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Maersk Tanker Denied Entry to Spanish Port Over Russian-Linked Oil Transfer

LONDON/MADRID, Feb 15 (Reuters) – A ship operated by Denmark’s Maersk Tankers has been banned from Spanish ports, Spanish officials said,

February 15, 2023
Total Views: 3744

Monday, February 13, 2023
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63
Shipping

Increased Cooperation Eases Shipowners’ Sanctions Exposure

By Ira Breskin, NEW YORK– Despite being clunky, sanctions that prohibit shipowners from lifting or transporting certain grades of Russian petroleum and

February 13, 2023
Total Views: 1019

Sunday, February 12, 2023
China Oil Tankers In Port
News

China’s Oil Giants Want More Russian Crude

(Bloomberg) China’s state-owned oil refining giants are speeding up purchases of Russian crude, citing the allure of cheap cargoes from the OPEC+ producer

February 12, 2023
Total Views: 1473

Saturday, February 11, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Cost of Shipping Gasoline Jumps 405% After Russia Sanctions

By Prejula Prem and Alex Longley (Bloomberg) –The cost of moving gasoline and other fuels on ocean-going tankers is soaring days after sanctions

February 11, 2023
Total Views: 8837

An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russian Fuel Exports Stumble In Early Days After European Ban

By Prejula Prem (Bloomberg) –Russian fuel exports are showing signs of a slowdown just five days after the European Union — Moscow’s main market —

February 11, 2023
Total Views: 5265

Wednesday, February 8, 2023
Russian Oil Tankers. REUTERS/Tatiana Meel/File Photo
Shipping

Lost Russian Oil Revenue is Bonanza for Shippers, Refiners

By Dmitry Zhdannikov, Chen Aizhu and Nidhi Verma LONDON, Feb 8 (Reuters) – Western sanctions on Russia have significantly reduced state oil

February 8, 2023
Total Views: 2772

Tuesday, February 7, 2023
two tankers conduct ship-to-ship transfer
Shipping

Mediterranean Ship-to-Ship Loadings of Russian Oil Hit Record in January

MOSCOW, Feb 7 (Reuters) – Ship-to-ship (STS) loadings of Russian Urals blend crude oil hit a record high in January in the Mediterranean as

February 7, 2023
Total Views: 5657

Monday, February 6, 2023
tanker at sea
Shipping

Russian Fuel Oil Heads East as EU Embargo Takes Hold

MOSCOW, Feb 6 (Reuters) – The European Union’s full embargo of Russian oil products came into effect on Feb. 5, but data from traders and

February 6, 2023
Total Views: 3084

Sunday, February 5, 2023
The oil tanker Minerva Virgo, docked at the oil terminal, is seen after leaving a Russian port around the time that nation invaded Ukraine in late February. REUTERS/Bjoern Kils/File Photo
Shipping

The EU’s Ban On Russian Diesel Won’t Really Stop Fuel Flows

By Jack Wittels (Bloomberg) –For decades, a steady stream of ocean tankers has filed back and forth between a small cluster of ports in northwest

February 5, 2023
Total Views: 3616

Friday, February 3, 2023
tanker at sea
Shipping

Russia’s ‘Shadow Fleet’ of Tankers Swells to 600 Ships, Trafigura Says

By Archie Hunter, Alix Steel and Grant Smith (Bloomberg) — The “shadow fleet” of ships that transport Russian oil around the world has expanded to

February 3, 2023
Total Views: 11112

oil tanker
Shipping

EU Agrees to $100 Price Cap on Russian Diesel as Import Ban Looms

By Jorge Valero, Alberto Nardelli and Ewa Krukowska (Bloomberg) — European Union member states agreed to impose a cap of $100 per barrel on sales of

February 3, 2023
Total Views: 2471

File photo of an oil tanker at sea
Shipping

Explainer: EU’s Embargo and Price Cap on Russian Oil Products

(Reuters) – A European Union ban on Russian refined petroleum products including diesel and fuel oil will take effect on Feb. 5 in an effort to curb

February 3, 2023
Total Views: 881

Thursday, February 2, 2023
tanker at sea
Shipping

Price Cap on Russian Refined Fuels Set to Disrupt Trade

By Swati Verma and Noah Browning Feb 2 (Reuters) – The European Union’s ban on imports of Russian refined oil products, including diesel

February 2, 2023
Total Views: 1646

Tuesday, January 31, 2023
Laden crude oil tanker approaches the port of Qingdao, China in the morning fog. Photo credit: Shutterstock/Igor Grochev
Shipping

Western Tankers Ramp Up Russian Oil Shipments Under Price Cap

MOSCOW, Jan 31 (Reuters) – Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship

January 31, 2023
Total Views: 1175

Monday, January 30, 2023
Russian Crude Exports Flow to Asia
Shipping

Russian Crude Exports Flow to Asia

MOSCOW, Jan 30 (Reuters) – Asian markets are showing no let up in their demand for Russian oil, absorbing a big rise in seaborne exports of

January 30, 2023
Total Views: 2429

An aerial view shows an SCF tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022
Shipping

Russia’s Oil Cargoes Surge Ahead of EU Import Ban

By Julian Lee (Bloomberg) — Russia’s seaborne oil flows look as if they are moving higher. Two possible explanations: the nation is pushing more

January 30, 2023
Total Views: 3093

Stock photo of a tanker being escorted by a tug in New York harbor
Shipping

New York Gasoline Shortage Brews Amid Fallout From EU’s Russia Ban

By Chunzi Xu (Bloomberg) — New York and much of the East Coast are at risk of a gasoline shortage this summer as the European Union’s ban of

January 30, 2023
Total Views: 3163