Denmark's autonomous Faroe Islands have renewed a fishing quota deal with Russia for one year despite Moscow's invasion of Ukraine, a local minister said on Saturday.
The low cost, maneuverability, and effectiveness of the drones have led to the attack on Sevastopol being described as a revolutionary moment in the development of modern naval warfare.
Russia's weekend backtrack from a U.N.-brokered deal to export Black Sea grains is likely to hit shipments to import-dependent countries, deepening a global food crisis and sparking gains in prices.
Lebanon has seized a ship loaded with barley and wheat flour while it determines whether the cargo may have been stolen from Ukraine, said Public Prosecutor Ghassan Oueidat.
Today, Wärtsilä announces that it has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022.
Russia has used the United Nations Convention on the Law of the Sea for its own economic and geopolitical interests. One Russian law requires all vessels passing through the Northern Sea Route to be piloted by Russians. The heavy regulation is one among many reasons why major shipping companies often use the Suez and Panama canals—longer, but cheaper and easier, trade routes.
Almost four months after Russia’s invasion of Ukraine, Russian crude oil, Urals, has seen a switch in flow from its traditional market of Europe to Asia.
Russia's theft of Ukrainian grain appears to be ramping up as it continues its war on the country, according to new satellite photos of the Crimean port of Sevastopol.
A Russian merchant ship loaded with grain stolen in Ukraine has been turned away from at least one Mediterranean port and is now in the Syrian port of Latakia, according to shipping sources and Ukrainian officials.
