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2022-03-02 Great White North

Canada shuts ports to Russian ships over Ukraine invasion

TORONTO, March 1 (Reuters) - Canada ratcheted up pressure on Russia for its invasion of Ukraine by shutting ports to Russian-owned ships and saying on Tuesday that holdings of all Russian oligarchs and companies in the country are under review.

Canada has announced a slew of measures to isolate Russia, including imposing sanctions on Russian President Vladimir Putin, closing Canadian airspace to Russian planes, banning oil imports and forbidding Canadian financial institutions from dealing with the Russian central bank, acting in tandem with other Western countries. read more

"Today, we are taking steps to close Canadian waters and ports to Russian-owned or registered ships," Transport Minister Omar Alghabra said.

Alghabra said while the number of Russian ships entering Canadian waters and ports is "small," there will still be an impact, especially with other countries doing the same.

Russia represents less than 2% of Port of Montreal's annual containerized volumes, and the ban will have little commercial impact, a port spokesperson said.

Port of Vancouver, Canada's busiest, said the number of Russian-flagged vessels calling there is minimal. In the past, those that have traded in crude oil, canola oil and copper concentrates, a spokesperson said.

Canada is tracking three Russian-flagged vessels off the East Coast, one of which is a cargo vessel, a government official told Reuters.

Posted by Besoeker 2022-03-02 00:00|| || Front Page|| [14 views ] Top

#1 Ship registration offices in Panama and Nigeria hit by a sudden increase in applications. Going to be some wealthy bureaucrats in few weeks.

Posted by Procopius2k 2022-03-02 07:43|| 2022-03-02 07:43|| Front Page Top

#2 But no Russian properties are being seized in Vancouver. Money talks.

Posted by Woodrow 2022-03-02 13:20|| 2022-03-02 13:20|| Front Page Top

#3 Depose Joe
Seize American oligarchs properties
Take away Bill Gates' needles

Posted by Snakes Chomoling2515 2022-03-02 13:42|| 2022-03-02 13:42|| Front Page Top

#4 ^ Where do I sign up? Lol...

Posted by M. Murcek 2022-03-02 13:42|| 2022-03-02 13:42|| Front Page Top