China and russian federation conduct joint naval exercises
From December 21 to 27, China and russia are conducting joint naval exercises.
From December 21 to 27, China and russia are conducting joint naval exercises.
From December 21 to 27, China and russia will hold joint naval exercises.
In January-October, China imported almost half as much Ukrainian grain as last year.
A week before EU sanctions against Rosneft come into effect, China refuses to recognize insurance documents for ships from russia.
The russians shelled the terminal in the Mykolaiv seaport, which was leased by a Chinese corporation.
The Chinese tanker Linda I with a cargo of russian oil interrupted its voyage and called in Algeciras, Gibraltar on October 27.
Oil prices fell more than $1 today after updates on China’s factory activity and fears that new COVID-19 restrictions will reduce demand.
In the past seasons, China was the main buyer of Ukrainian corn and barley. This season, China has significantly reduced grain imports from Ukraine.
Oil prices rose as Chinese government officials plan to ease some of the Covid-19 lockdown measures.
In recent weeks, the sea transportation market has shown a decrease in the level of freight rates. The trend was caused by holidays in Asia and a decrease in import demand in Europe.
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