05/04/2022at 14:22

EU to propose banning Russian coal imports after atrocities

After recent evidence surfaced of war crimes committed by the Kremlin’s forces in Ukraine, the EU is now planning a proposal to completely discontinue coal import from Russia while remaining open to oil and natural gas flows from the war-waging nation.

Trains are loaded with coal at Russia's largest Borodinsky opencast colliery, owned by the Siberian Coal Energy Company, near the Siberian town of Borodino, Krasnoyarsk region, Russia. | Photo: Ilya Naymushin/Reuters/Ritzau Scanpix

By Alberto Nardelli & Jorge Valero, Bloomberg News

The European Union is planning to propose a mandatory phaseout on coal imports from Russia in a direct response to reports that Russian forces committed apparent war crimes in Ukraine, according to people familiar with the matter.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

British insurers declare Russia high-risk area for merchant vessels
For subscribers
Norwegian shipowners urge sanctions on Russian oil
For subscribers
Eagle Bulk CEO expects big dry bulk shifts due to Ukraine war
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

Maersk CEO Vincent Clerc (left) and MSC CEO Søren Toft are following very different strategic directions. | Foto: Jacob Gronholt-pedersen/reuters/ritzau Scanpix og Jason Decrow/ap/ritzau Scanpix

Container

Maersk could be heading for a price war with MSC

After a profit of historic proportions in 2022, Maersk is facing a new reality this year, entailing a potential price war unleashed by the carrier’s partner in the disbanded 2M alliance, MSC, predicts Drewry.

For subscribers

Krisen på fragtmarkedet styrker DSV's position i forhold til rederierne: ”I og med at vi er en af de store aftagere af søfragt, har vi også et samarbejde med rederierne, som er strategisk og forankret i direktionen,” siger DSV's topchef, Jens Bjørn Andersen. | Foto: Lars Krabbe/Foto: Lars Krabbe/Ritzau Scanpix

Logistics

DSV to support box carriers that provided help during Covid chaos

For subscribers

Tanker

Countdown to clash over Euronav's board composition has begun

For subscribers

Maersk is heading for its second record profit, setting a new benchmark in Danish business history. | Foto: Jonas Walzberg/AP/Ritzau Scanpix

Container

Maersk on track to achieve record profit for second consecutive year

For subscribers

Offshore

Danish authorities suspending 23GW of offshore wind projects

For subscribers

Container

Maersk redirects traffic following earthquake

For subscribers

Opinion: Maersk and MSC heading for direct confrontation over customers

Ahead of the 2M alliance’s final termination in 2025, Maersk and MSC will probably try to steal customers from each other, writes analyst Lars Jensen.

For subscribers

Suppliers

Monjasa to provide green ammonia through new collaboration

The bunker firm has entered a partnership with Høst PtX Esbjerg about distributing green ammonia as a marine fuel.

For subscribers

Axel C. Eitzen and Eitzen Group acquire the majority stake of a Norwegian supplier of automation and energy systems for shipping. | Foto: PR

Suppliers

Eitzen Group buys Norwegian marine tech company

The group, which owns tanker carrier Christiania Shipping, has acquired the majority stake in Høglund Marine Solutions, which has systems installed on hundreds of ships.

For subscribers