Economy
The use of the “shadow fleet” led to an increase in accidents
Russia is actively building up a decommissioned “shadow” fleet to circumvent sanctions; insurers avoid former clients in moscow. As a result, the risk of accidents on outdated “shadow” vessels is increasing.
Agency for Search and Asset Management deposit portfolio increased due to the seizure of russian vessels
The volume of the deposit portfolio of the Agency for Search and Asset Management has doubled in recent months. This is connected, among other things, with the arrest of russian vessels.
Traders record a decrease in the import of diesel fuel via the Black Sea
Ukrainian traders noted a shortage of diesel fuel supplies via the Black Sea at the beginning of November.
The grain agreement should be extended – the world needs more food
Ukraine is optimistic about the continuation of the grain agreement after November 19, because there is a high demand for agricultural products in the world.
Saudi Arabia lowered oil prices for Asia and raised them for Europe
The state-owned oil and gas company of Saudi Arabia, Saudi Aramco, reduced the December sale prices for oil for Asian countries, kept it for the USA, and mainly increased it for Europe.
The russians have found a way to circumvent oil sanctions
Oil and gas company “Lukoil” found an opportunity to circumvent sanctions on russian oil. For this purpose, it uses its capacities in Sicily.
Ukraine provided more than 85% of sunflower imports to the EU
In just four months, Ukraine supplied more than 85% of all sunflower supplies to the EU. Also, our state remains the main supplier of sunflower processing products to the European market.
The United States has postponed price restrictions on russian oil until January
The US has postponed the start of the price cap on russian oil, giving tankers another 45 days to unload.
Ukraine is counting on FAO’s support regarding the continuation of the grain agreement
The Ministry of Economy is counting on the support of the Food and Agricultural Organization of the United Nations (FAO) in the matter of extending the Istanbul Agreements.
The G7 and Australia agreed to set a “price ceiling” for russian oil
The countries of the Group of Seven, as well as Australia, agreed to set a fixed maximum price for russian oil, rather than a floating one. The “ceiling” of prices will be determined by the end of the month.
