Economy

The EU closes sanctions circumvention schemes for russian federation
The new EU sanctions target people and companies from third countries that help russia circumvent existing restrictions.

Russia lost 60% of oil sales by sea in Europe
Russia has lost 60% of its raw oil shipping market in Europe after launching a full-scale invasion of Ukraine.

World wheat prices rose due to missile strikes on Ukraine
On Monday, October 10, wheat futures rocketed by 5% after russia launched a massive missile attack on the territory of Ukraine.

13 ships with agricultural products left the ports of Great Odesa
As part of the “grain initiative”, on October 9, 13 ships left the ports of Great Odessa.

The Finikia thief-ship arrived in Sevastopol after certification in Romania
A Syrian ship carrying stolen Ukrainian grain arrived in Crimea from Romania.

Slowdown of inspections in Istanbul: 120 ships are already in the queue
The number of vessels awaiting departure to or from Ukrainian ports reached a record number of 120 vessels.

The freight of floating LNG terminals in Europe is becoming more expensive
Freight rates for floating regasification units (FSRUs) in Europe have risen sharply this year.

Commercial fishing in Ukraine decreased by 70%
In connection with the full-scale aggression of russian federation, industrial fishing in the waters of Ukraine fell by 70% compared to last year.

The russian oligarch condemned the confiscated yacht
On Wednesday, a French court ordered the country’s customs department to release an arrested yacht belonging to a russian billionaire.

12 ships a day are checked in, – the UN
At the moment, the UN is not aware of plans by any of the delegations to reduce the number of inspections of vessels moving through the “grain corridor”.