China
China and russian federation conduct joint naval exercises
From December 21 to 27, China and russia are conducting joint naval exercises.
China and russia will conduct joint naval exercises
From December 21 to 27, China and russia will hold joint naval exercises.
China cut the purchase of grain from Ukraine almost in half
In January-October, China imported almost half as much Ukrainian grain as last year.
China does not recognize russian ship insurance
A week before EU sanctions against Rosneft come into effect, China refuses to recognize insurance documents for ships from russia.
A russian missile hit the Chinese terminal in the port of Mykolaiv
The russians shelled the terminal in the Mykolaiv seaport, which was leased by a Chinese corporation.
A Chinese ship carrying Rosneft was detained in Spain
The Chinese tanker Linda I with a cargo of russian oil interrupted its voyage and called in Algeciras, Gibraltar on October 27.
Oil fell due to tightening of COVID-19 restriction in China
Oil prices fell more than $1 today after updates on China’s factory activity and fears that new COVID-19 restrictions will reduce demand.
China ceased to be the main buyer of corn and barley from Ukraine
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 is rising due to easing of quarantine measures in China
Oil prices rose as Chinese government officials plan to ease some of the Covid-19 lockdown measures.
Freight rates are reduced due to Chinese holidays and European imports
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.
