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IMO COUNCIL ADDRESSES DANGERS TO SHIPPING AND SEAFARERS DURING EMERGENCY MEETING ON UKRAINE

13 MAR 2022 The International Maritime Organization’s (IMO) 40-Member Council met virtually for an extraordinary session this week to address the impacts on shipping and seafarers in the Black Sea and the Sea of Azov in light of Russia’s continuing invasion of Ukraine. The IMO Council serves as agency’s “executive …

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HERE’S WHY NAVY AIRCRAFT CARRIERS CAN’T HELP UKRAINE

14 MAR 2022 While most of the world is concerned with keeping Russian fighter jets out of NATO airspace, Russian warships have already incurred on NATO territorial waters. So why can’t the US Navy can’t send an Aircraft Carrier into the Black Sea to protect Romania and NATO merchant ships or …

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ANTI-INFLAMMATORY MOLECULE COULD BE THE NEXT BIG THING IN ASTHMA TREATMENTS

13 MAR 2022 A new class of immunotherapy drugs – used to treat arthritis, psoriasis, and inflammatory bowel disease – might also work for those with severe asthma. The pharmaceuticals are known as ‘jakinibs‘ because they inhibit the protein JAK1. This protein plays an essential role in the body’s immune …

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FRANCE SEIZES OLIGARCH’S YACHT AND DETAINS MULTIPLE MERCHANT SHIPS

12 MAR 2022  French authorities are increasing their enforcement efforts under the European sanctions against Russia both detaining commercial merchant ships and in a high-profile action announced they had seized a superyacht linked to one of Russia’s wealthiest oligarchs.  France’s minister of the economy, Bruno Le Maire thanked customs officials …

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ESTONIAN CARGO SHIP SINKS AFTER POSSIBLE MINE STRIKE NEAR ODESA

11 MAR 2022  An Estonian-owned small cargo ship sunk in the Black Sea earlier today with conflicting reports that the vessel may have been struck by a mine or that Russian forces had commandeered the ship as they prepare for an amphibious assault on Odesa. Earlier reports of missing crew …

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CHINA WELCOMES RUSSIAN OIL TANKERS WITH ALTERNATIVE PAYMENT OPTIONS

12 MAR 2022  Chinese refiners are paying for Russian crude oil using cash transfers to maintain imports from Russia’s Fast East, as banks shy away from financing the oil because of sanctions, sources with knowledge of the matter said. Global oil prices LCOc1 have soared to their highest in a decade as …

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COUNTRIES SEEK IMO MEETING ON SHIPPING DANGERS AFTER UKRAINE INVASION

11 MAR 2022  Over 15 countries have called for a special meeting with the UN’s shipping agency to discuss the safety of ships and their crews sailing through the Black Sea and Sea of Azov after Russia’s invasion of Ukraine and growing dangers to vessels. Many shipping firms have suspended sailings to affected Black Sea ports …

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PHILIPPINE GOVERNMENT WORKS TO EVACUATE ITS SEAFARERS FROM UKRAINE

10 MAR 2022  The Philippines is stepping up a rescue mission for seafarers stranded in Ukraine, and has so far managed to evacuate 21 of its mariners from the country amidst the ongoing Russian invasion. The 21 made up the all-Filipino crew of bulk carrier S-Breeze, and their evacuation was facilitated by the assistance …

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DAMEN HALTS DELIVERY OF NEWBUILDS TO RUSSIA

11 MAR 2022  Netherlands-based shipbuilder Damen has decided to stop deliveries of new vessels to clients in Russia due to the ongoing invasion of Ukraine. The firm told Dutch media that it expects that the decision will have a measurable impact on the company’s earnings. “It is a significant amount,” …

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MONTREUX CONVENTION, AND WHAT DOES IT MEAN FOR UKRAINE?

10 MAR 2022   As bad as the Ukraine war is so far, an international agreement signed in 1936 is preventing it from getting even worse. The Montreux Convention Regarding the Regime of the Straits gives Turkey control over the water route between the Black Sea – home to a major Russian naval …

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