November4 , 2026

    EU sanctions another 50 Russia-linked ships

    Related

    V.O. Chidambaranar Port Records 71.69% Growth in Windmill Blade Cargo Handling

    V.O. Chidambaranar Port Authority (VOCPA) has recorded an impressive...

    New Mangalore Port Announces Enhanced Rebates on Vessel-Related Charges for Container Vessels

    New Mangalore Port Authority (NMPA) has announced enhanced rebates...

    Tuticorin Container Terminal Achieves 500,000 TEU Milestone Within Two Years of Operations

    Tuticorin Container Terminal (TCT) has successfully handled 500,000 twenty-foot...

    Tuticorin Container Terminal Handles 2,630 TEUs in RDO FORTUNE’s Mainline Ad-hoc Call

    Tuticorin Container Terminal (TCT) successfully handled the mainline ad-hoc...

    Share

    The European Union has unveiled its latest package of sanctions against Russia, with around 50 ships from the shadow fleet targeted.

    EU foreign ministers are expected to formally adopt the sanctions package on Monday.

    Further sanctions are expected in the new year when Poland takes over the presidency of the EU from Hungary.

    Russia remains the world’s second biggest oil exporter, brushing off sanctions to maintain its oil exports, which were 254m tonnes last year and are on track to hit 250m tonnes this year, a decline of less than 2% which maintains its market share at around 10.5%.