Several container shipping majors have temporarily suspended bookings to and from Russia amid the Russian military attack on Ukraine.
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£17 billion ($23 billion) of annual Russian exports to the UK will be disrupted by the closure of all UK ports to Russian ships, an analysis conducted by data and analytics company Russell Group finds.
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Germany’s bank KfW IPEX-Bank is providing a €29 million (about $32 million) loan for the financing of three 4,250 dwt ECO cement carrier newbuildings for Cyprus-based shipping company Eureka Shipping.
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The California Air Resources Board has reached a settlement agreement with Wan Hai Lines (USA), part of Taiwanese shipping company Wan Hai Lines, for $680,750 for violations of the Ocean-Going Vessels At-Berth Regulation.
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Two more Ukrainian commercial vessels with crews onboard have been seized by the Russian Navy in the northwestern part of the Black Sea amid Russia’s military attack on Ukraine.
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