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	<title>oil tankers &#8211; Cargo News Today</title>
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		<title>Russia Concerned Over Oil Tankers Build-up in Bosphorus</title>
		<link>https://cargonewstoday.com/russia-concerned-over-oil-tankers-build-up-in-bosphorus/</link>
		
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		<pubDate>Wed, 07 Dec 2022 18:03:53 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
		<category><![CDATA[Bosphorus]]></category>
		<category><![CDATA[oil tankers]]></category>
		<category><![CDATA[Russia]]></category>
		<guid isPermaLink="false">https://cargoworldtoday.com/?p=38864</guid>

					<description><![CDATA[<p>The post <a rel="nofollow" href="https://cargonewstoday.com/russia-concerned-over-oil-tankers-build-up-in-bosphorus/">Russia Concerned Over Oil Tankers Build-up in Bosphorus</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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			<p>Russia is concerned about a build-up of oil tankers in the Bosphorus Strait and is discussing the issue with insurance and transport companies, RIA cited Russian deputy foreign minister Alexander Grushko as saying on Wednesday.</p>
<p>At least 20 oil tankers queuing off Turkey face more delays to cross from Russia&#8217;s Black Sea ports to the Mediterranean as operators race to adhere to new Turkish insurance rules added ahead of Europe&#8217;s ship insurance ban and a G7 price cap on Russian oil, industry sources said on Tuesday.</p>
<p>Turkish maritime authorities issued a notice seen by Reuters last month asking for additional guarantees from insurers that transit through the Bosphorus would be covered starting from the beginning of this month.</p>
<p>&#8220;We are aware of this situation. Of course, it causes us concern from the point of view of the interests of our operators. This problem is being discussed with transport and insurance companies. After all, insurance companies insure, not the state,&#8221; Grushko is quoted as saying.</p>
<p>&#8220;If the problem is not solved, of course, there will be involvement on the political level.&#8221;</p>
<p>The European Union banned all seaborne Russian crude imports from Dec. 5, with a fuel import ban to follow in February.</p>
<p>It also banned companies and individuals in the bloc from providing financing, brokerage, shipping and insurance services to ship Russian oil elsewhere if the crude was bought above a price cap of $60 a barrel that came into effect on Monday.</p>
<p>Disruptions in tanker traffic from Russia&#8217;s Black Sea ports to the Mediterranean are a result of a new Turkish insurance rule, not the price cap on Russian oil agreed by a coalition of G7 countries and Australia, an official with the group said on Tuesday.</p>
<p>Kazakhstan, a large oil exporter, said on Wednesday that the build-up of the oil tankers at the Bosphorus is normal during the winter season.</p>
<p>&#8220;The waiting time in the Bosphorus and Dardanelles is six days for now. For the winter season, this is a normal wait; last year, the wait in the straits in December was about 14 days,&#8221; Kazakhstan&#8217;s Energy Ministry said in a statement.</p>
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<p>The post <a rel="nofollow" href="https://cargonewstoday.com/russia-concerned-over-oil-tankers-build-up-in-bosphorus/">Russia Concerned Over Oil Tankers Build-up in Bosphorus</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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		<title>Israeli Ministry Won&#8217;t Allow Oil Tankers to Enter Red Sea Resort, Potentially Blocking UAE Pipeline Deal</title>
		<link>https://cargonewstoday.com/israeli-ministry-wont-allow-oil-tankers-to-enter-red-sea-resort/</link>
		
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		<pubDate>Mon, 20 Dec 2021 15:00:40 +0000</pubDate>
				<category><![CDATA[Cargo]]></category>
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		<category><![CDATA[Red Sea port of Eilat]]></category>
		<category><![CDATA[Red Sea resort of Eilat]]></category>
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					<description><![CDATA[<p>Israel&#8217;s Environmental Protection Ministry said on Thursday that it would not allow oil tankers to enter its Red Sea resort of Eilat as planned under a deal with partners from&#8230;</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/israeli-ministry-wont-allow-oil-tankers-to-enter-red-sea-resort/">Israeli Ministry Won&#8217;t Allow Oil Tankers to Enter Red Sea Resort, Potentially Blocking UAE Pipeline Deal</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Israel&#8217;s Environmental Protection Ministry said on Thursday that it would not allow oil tankers to enter its Red Sea resort of Eilat as planned under a deal with partners from the United Arab Emirates to transport crude from the Gulf to Europe via Israel.</p>
<p>The announcement could lead to the cancellation of the deal, one of the biggest to emerge from the normalization of ties between Israel and the UAE last year. Environmentalists had petitioned Israel&#8217;s Supreme Court to block the agreement.</p>
<p>Signed between an Israeli state-owned company and a venture with Emirati and Israeli owners, the deal allows for oil unloaded from tankers in the Red Sea port of Eilat to be moved across Israel in an existing pipeline to the Mediterranean coast.</p>
<p>Responding on Thursday to the Supreme Court petition, Prime Minister Naftali Bennett&#8217;s government said it would not intervene and would instead allow the Environmental Protection Ministry to play its regulatory role limiting activities that pose ecological risks.</p>
<p>&#8220;We blocked the entry of dozens of oil tankers into the Gulf of Eilat,&#8221; Environmental Protection Minister Tamar Zandberg said in a statement, adding that Israel &#8220;will not become a bridge of pollution in an era of climate crisis&#8221;.</p>
<p>Israel&#8217;s energy minister had previously come out against the deal, citing ecological risks to Eilat&#8217;s fragile coral reefs.</p>
<p>The Israeli state-owned company involved in the deal, Europe Asia Pipeline Company (EAPC), said the deal has &#8220;significant geopolitical and economic advantages for Israel and its citizens.&#8221;</p>
<p>EAPC said it was committed to protecting the environment and would continue its dialogue with the Environmental Protection Ministry over its pipeline activities.<br />
The other company involved in the deal, MED-RED Land Bridge, did not immediately provide a comment.</p>
<p>Source: www.maritimelink.com</p>
<p>Images: www.pexels.com</p>
<p>The post <a rel="nofollow" href="https://cargonewstoday.com/israeli-ministry-wont-allow-oil-tankers-to-enter-red-sea-resort/">Israeli Ministry Won&#8217;t Allow Oil Tankers to Enter Red Sea Resort, Potentially Blocking UAE Pipeline Deal</a> appeared first on <a rel="nofollow" href="https://cargonewstoday.com">Cargo News Today</a>.</p>
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