Abroad

Russia again threatens “response” in the Baltic Sea
After the incidents with the “shadow” tankers, Moscow spoke about the “growing threats” and is demonstratively looking for ways to bypass the Baltic Sea.

MOL asks Japan for help amid EU sanctions against Russian LNG vessels
The company has appealed to the Japanese government for help after the EU imposed sanctions on three of its tankers carrying Russian LNG.

EU considering lowering “price ceiling” for Russian oil to $45, but no decision yet
The European Commission, together with key EU member states, is pushing for a reduction in the export price cap for Russian oil from $60 to $45 per barrel.

Russia begins naval escort of shadow fleet tankers
After Russia promised to take measures to protect its ships, it began escorting tankers from its “shadow fleet” in the Gulf of Finland.

In July, the EU will introduce duties of up to 100% on fertilizers from Russia and Belarus
The European Parliament has supported a significant increase in tariffs on Russian and Belarusian fertilizers and some agricultural products.

Shares of Russian “Sovcomflot” fell amid Trump’s attacks on Putin
The leader of the decline was Gazprom, whose shares fell by 3.5%, Rosneft shares fell by 1.4%, and Sovcomflot – by 2.6%.

Russians stole Estonia’s buoy in the Baltic Sea, TalTech scientists say
Estonian scientists say Russian Navy has stolen a wave-measuring buoy in the Baltic Sea.

Finland records increased Russian activity in the Baltic Sea
Of particular concern is the appearance of military escorts near tankers of the so-called “shadow fleet” of the Russian Federation in the Gulf of Finland.

Russian Sovcomflot suffered losses of almost $400 million due to sanctions
Russia’s largest shipping company, Sovcomflot, reported a net loss of $393 million in the first quarter.

A fleet without ships: Russian shipbuilding is reaching its end
Russia’s shipbuilding program is failing: a shortage of components, outdated projects, and sanctions are crippling the industry.