• Home
  • News
  • Port of Rotterdam loses cargo due to sanctions against Russia
  • 2022 December 15 15:24

    Port of Rotterdam loses cargo due to sanctions against Russia

    The Ukraine conflict has resulted in several countries (including the European Union) imposing sanctions on Russia. The latest, eighth round of sanctions adopted by the European Council on 22 October imposed a price cap on crude oil from Russia and prohibits the import of steel, steel products, machines and certain chemical agents. Previously, the EU imposed a ban on the import of Russian oil and petroleum products, according to the Port of Rotterdam's release.

    These energy products are subject to a transition period. For crude oil, this period of transition ends on 5 December 2022, while for petroleum products, it will end on 5 February 2023. Shipping companies had already significantly reduced the number of containers they ship to and from Russia due to the conflict and the resulting sanctions.

    62 million tonnes of the almost 470 million tonnes of transhipment in the port of Rotterdam is Russia-oriented (13%). Many energy carriers are imported from Russia via the port of Rotterdam. Roughly speaking, 30% of crude oil comes from Russia, 25% of LNG and coal and 20% of oil products. Russia exports products such as steel, copper, aluminium and nickel through Rotterdam.

    The measures included in the eighth sanction package announced by the European Union on 22 October 2022 entered into effect on that date. Among other things, the Round-8 sanctions include:

    A price cap for imported Russian oil. This price cap does not alter the ban on importing oil through ports. This ban on importing Russian oil remains in full force and effect.

    A ban on the import of steel and steel products, machines and devices, plastics, vehicles, textiles, shoes, leather, ceramics and certain chemical agents.

    A ban on transactions enacted with the Russian Maritime Register, which has been added to the list of Russian state-owned enterprises with which no transactions must be enacted.

    Previous rounds of sanctions governed things such as a ban on vessels registered under the Russian flag entering ports on the territory of the European Union and a ban on the import of raw materials.
    For instance, Rounds 5 and 6 of the sanctions comprised:
     A ban on the import of Russian oil and petroleum products
     A ban on financing and insuring the transport of oil and petroleum products
     Restrictions on the export of chemical agents that could be used to produce chemical weapons
     A ban on the import of coals and other solid fossil fuels from Russia
     A ban on entry to EU ports for all Russian vessels
     A ban on access to EU roads for Russian and Belarussian road hauliers
     A ban on the import of other goods such as wood, cement, fishery products and alcohol
     A ban on the export to Russia of aeroplane fuel and other types of goods

    The fifth round of sanctions includes several derogations for certain types of cargo. In other words, vessels sailing under the Russian flag that come under the terms of the derogations may still be granted entry to European ports. On top of this package of sanctions, the European Union has published a list of natural persons and entities who are subject to restrictions. Several vessels are included in this list. Certain derogations apply to these vessels.

    The European Union has banned the import and export of a large number of goods. Cargo with a Russian provenance or intended to be transported to Russia will undergo additional inspections to make sure that none of the goods being transported are on the list of banned products. The Dutch Customs Authority monitors the import and export of goods and checks whether any of the goods being transported are subject to restrictive measures.

    As far as cybersecurity of businesses is concerned, port of Rotterdam has FERM. The purpose of FERM is to encourage cooperation between companies in the port of Rotterdam and to increase awareness of cyber security risks. Currently, FERM has reported that the National Cyber Security Center (NCSC) has not yet had any concrete indications of cyber attacks impacting the Netherlands.

2023 September 27

18:06 Mawani wins two awards at LTA 2023
17:57 Russia expanded fish exports geography to 80 countries this year
17:43 HAROPA PORT to create a new multimodal platform, 40 km from Paris
17:33 Russian Maritime Register of Shipping shares its business agenda at NEVA-2023
17:26 174 export terminals to focus on converting hydrogen into ammonia by 2035 - Rystad Energy
17:12 Sener develops the conceptual and basic engineering of two vessels with carbon capture systems for Grona Shipping
16:45 Maritime Partners acquires U.S. Marine Management from Maersk Line
16:24 Additional $8 billion to $28 billion to be required annually to decarbonize ships by 2050: UNCTAD report
15:39 Amur Shipyard launches two small missile ships of Project 22800, Rzhev and Udomlya
15:39 QatarEnergy signs new LNG ship-building agreement valued at QR14.2 billion with HD Hyundai Heavy Industries
14:45 Value Maritime сompletes first filtree system installation in China for Ardmore Shipping
14:13 GTT receives an order from Jiangnan Shipyard for the tank design of two new LNG сarriers
13:13 GTLK: fully operational ship repair complex in Murmansk Region to dock 90 ships per year
12:41 ABS grants AiP to Samsung Heavy Industries for cyber resilience
12:24 ​Argeo and Shearwater form strategic alliance to transform subsea and ocean bottom seismic markets
11:41 ABS and AL Group to study Ultramax bulker methanol fuel conversion
11:38 Investments in Rosmorport’s ship repair base in the port of Ust-Luga is estimated at RUB 4 billion
11:05 Equinor and OMV agree new long-term gas sales agreement
10:55 PortNews Media Group welcomes to visit its stand at VI Global fishery forum & seafood expo Russia
10:40 Enova provides NOK 709 million in support for emission-free maritime transport
10:09 Galp takes final investment decision on green hydrogen and HVO/SAF projects
09:36 Ship repair companies are ready to unite in an association
09:21 Rohe Solutions first in Finland to start liquefying biogas at the Hamina LNG Terminal
08:58 Panama Canal adjusts Fresh Water Surcharge

2023 September 26

18:07 Fincantieri signs a EUR 800 million facility agreement
17:53 Shortage of sea transport vessels in Russia estimated at over 400 units
17:36 MV Ballard becomes first Klaveness Combination Carriers vessel equipped with Silverstream Technologies air lubrication system
17:16 Shell completes Gibraltar's first cruise ship LNG bunkering
17:09 Okskaya Sudoverf shipyard launches second bilge water removing ship of project RST38 for Rosmorport
16:45 Port of Kiel opens two shore power facilities at the Ostuferhafen
16:28 Scandlines Germany officially receives the first intermediate ROV class certificate without the presence of conventional divers
16:07 Murmansk Commercial Seaport handled 1 million tonnes of coastwise cargo year-to-date
15:40 HMM introduces direct service between Korea and Indonesia
15:24 MOL and Idemitsu to launch demonstration test on recycling of marine plastic waste
14:32 Crowley Engineering Services wins design, production contracts for Crescent Towing
14:14 Admiral Makarov SUMIS to install simulator for training specialists of maritime autonomous surface ships navigation
13:42 Bunker One and Acelen launch bunkering operations outside the Port of Itaqui, Brazil
13:11 Port Houston container volume down 20% in August 2023
12:55 RZD and FESCO achieved record high daily result having dispatched 1.3 thousand TEU in 10 container trains from Commercial Port of Vladivostok
12:41 JSE, “K”Line, MOL and NYK partner to establish global liquefied hydrogen supply chain
12:21 MarineMax to expand superyacht services in Greece
11:40 Light Structures teams up with DNV to deliver structural integrity and digital twin services
11:27 2nd Ship Repair, Modernization and Components Conference opened in Saint-Petersburg
11:10 Wind-propulsion installations poised to surpass 50 mark in early 2024
11:01 Aktau Sea Commercial Port (Kazakhstan) obtains status of internationally important port
10:45 Bay-Houston Towing announces purchase of Port Arthur and Lake Charles operations from Seabulk
10:23 MAN Energy Solutions has filed 37 ammonia tech patent applications
09:58 “K” Line announces acquisition of third-party certification for CO2 reduction using marine biofuels and completion of a certificate issuance system
09:42 Mechel reports restructuring 320-million-dollar loan
09:19 RF Navy's Northern Fleet trains countering maritime unmanned vehicles

2023 September 25

18:07 Meyer Werft starts construction of the new cruise ship for NYK Cruises
17:35 Port of Vancouver cargo volumes increase by 11% in H1 2023
17:24 Number of ships servicing FESCO’s direct line between Saint-Petersburg and ports of China and India to double by year end
17:13 MOL, PETRONAS and MISC set the stage for the development of liquefied CO2 carriers
16:18 Throughput of Turkish ports in 8M’23 totaled 349.3 million tonnes, down 4.3% YoY
15:31 Ecospray's two Carbon Capture technologies successfully tested onboard
15:01 ADNOC and TAQA reach financial close on sustainable water supply project
14:53 Samara based Nefteflot to build three multipurpose dry cargo ships of RSD34L design
14:35 ITOCHU executes MoU for ammonia bunkering safety for ammonia-fueled container carrier
14:12 Alfa Laval joins a project to develop and produce the world's first 10 MW green hydrogen production facility offshore in the North Sea
13:48 Babcock’s LGE business wins world first contract for ecoCO2 cargo handling system
13:20 Oboronlogistics and Chinese manufacturers of spare parts and equipment reached preliminary agreements on direct supplies
12:14 All 120 workers rescued after Nile cruise ship accident in Egypt
11:42 China's shipbuilding output up 16.9 percent to 27.98 dwt in the first eight months of this year
11:24 COSL enters into the rigs purchase and sale contracts
11:13 Astrakhan based shipyard of USC launches chemical tanker Azimuth-1
10:58 Port of Rotterdam and Yokogawa start study to increase energy and resource efficiency across industries
10:27 COSCO SHIPPING launches the automotive industry digital supply chain platform
09:42 Port of Liepaja throughput in 8M’2023 fell by 9% Y-o-Y to 4.57 million tonnes
09:18 Total throughput of China’s sea and river ports in 8M’2023 rose by 8.4% YoY