China refuses to recognize insurance documents for ships from Russia. Shipowners of the Russian Federation face refusals to recognize insurance documents issued by Russian insurers by China, said Aleksandr Poshivay, deputy chairman of the Ministry of Transport.
Corn from Brazil
China may begin importing corn from Brazil as early as December, which is part of the world’s largest buyer’s desire to reduce dependence on the United States and replace supplies from Ukraine interrupted by the Russian invasion.
To recap, in May, the United Kingdom and the European Union agreed on a coordinated ban on the insurance of vessels carrying Russian oil.
In China, two of the world’s largest container ships built in the country were withdrawn from the dock on the ship Yangzi Xinfu Shipbuilding Co. Ltd. in Taixing City, the world’s two largest container ships built in the country were launched