Crimea is currently deemed Russian, but this is not recognized by the Ukrainian government. This will be expressed next week when the Ukrainian government in a decree plans to announce a decision to shut down five ports in Crimea for international ship traffic. The decision will come into force on July 15th.
The five ports in question are Kerch, Theodosia, Sevastopol, Yalta and Evpatoria.
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In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.