Panama Delists 6 Flagged Ships Over UK Russia Sanctions
By Alex Kimani of OilPrice.com
Panama said it will cancel the registration of six ships sailing under its flag after they were sanctioned by the UK last week.
The delisting comes after Panama’s maritime authority in October pledged to penalize vessels sanctioned by the U.S., European Union, UK and United Nations.
“Safeguarding the prestige of our flag is a top priority for this administration. The state has a fundamental responsibility to protect the integrity of the Panamanian ship registry, ensuring it remains free from international sanctions and unlinked to vessels associated with such listings,” Ramon Franco, director general of merchant marine at the Panama Maritime Authority, said in a statement.
Moscow continues to export large volumes of crude despite sanctions by the West.
Earlier in the year, Panama Canal authorities engaged in talks with U.S. LNG producers on how to meet increased demand for crossings as water levels recovered. The canal authorities worked with shippers to secure more passage for LNG customers, with plans to build water reservoirs as a solution to mitigate climate change-related shortages.
Last year, Europe accounted for 66 percent of total U.S. LNG exports, followed by Asia at 26 percent and Latin America and the Middle East with a combined eight percent.
However, Cheniere Energy is highly optimistic about Asian LNG demand, despite some countries with large gas-reliant economies currently hampered by poor credit ratings.
“They tend to rely more on state-to-state agreements. Obviously that is not something we can participate in. We see Thailand, Philippines as very attractive markets,” Chief Commercial Officer Anatol Feygin told Reuters. Feygin expects China to import 100 million metric tons per year in the future, up from about 64 million metric tons in 2022.
However, Europe’s likely to continue being the leading consumer of U.S. LNG for years to come, with the continent poised to cut off more Russian gas.
Earlier, Politico reported that the European Commission proposed sanctions on Russia’s LNG sector as part of Brussels’ 14th sanctions package against Russia.
Tyler Durden Tue, 12/03/2024 – 05:00
Source: https://freedombunker.com/2024/12/03/panama-delists-6-flagged-ships-over-uk-russia-sanctions/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,660,407,849 |
| Stories: | 8,307,657 |
Whistler Blowers, Insiders
