HELSINKI: The Eagle S tanker seized by Finnish authorities on suspicion of ripping up subsea cables will not face a separate criminal investigation into whether its fuel cargo violates sanctions imposed on Russia, the Customs Office said on Thursday.
Police seized the tanker last month on suspicion of damaging a Finnish-Estonian power line and four telecoms cables.
The Customs Office believes the Eagle S is part of a shadow fleet of tankers used to circumvent sanctions on Russian oil, and has impounded its cargo of unleaded petrol and diesel.
“The cargo of the ship will remain detained by Finnish Customs for the time being,” it said in a statement.
Police have said nine crew members are suspects in a criminal investigation into possible sabotage of the subsea cables.
The ship’s cargo is subject to sanctions imposed against Russia by the European Union, and thus barred from importation into Finland. But because the vessel entered Finnish territorial waters at the request of Finnish authorities, the crew cannot be considered to have intentionally violated those sanctions, the Customs Office said.
A lawyer representing the ship’s owner, Caravela LLC FZ, has said the ship’s alleged damage to undersea equipment happened outside of Finland’s territorial waters and therefore Helsinki lacked jurisdiction to intervene.
Baltic Sea nations are on high alert after a string of power cable, telecom link and gas pipeline outages since Russia invaded Ukraine in 2022. The NATO military alliance in response plans to boost its presence in the region.
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Tanker seized by Finland over ripped cables won’t face cargo sanctions probe
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Tanker seized by Finland over ripped cables won’t face cargo sanctions probe
- Police seized the tanker last month on suspicion of damaging a Finnish-Estonian power line and four telecoms cables
- Police have said nine crew members are suspects in a criminal investigation
Taiwan to send team to assess US rare earth deposits
TAIPEI: Taiwan plans to send officials to assess US rare earths deposits with a goal to have such minerals refined on the island, Economy Minister Kung Ming-hsin said on Wednesday.
President Donald Trump’s administration has stepped up efforts to secure US supplies of critical minerals after China rattled senior officials and global markets last year by withholding rare earths required by American automakers and other industrial manufacturers.
Trump last week launched a US strategic stockpile of critical minerals, called Project Vault, backed by $10 billion in seed funding from the US Export-Import Bank and $2 billion in private funding.
While semiconductor powerhouse Taiwan is not formally part of that scheme, it has previously held talks with the United States on how it can help, given Taipei’s concerns about over-reliance on a China-centric supply chain.
China views Taiwan as its own territory and has stepped up its military threats.
Speaking to reporters in Taipei, Kung said the ministry’s Geological Survey and Mining Management Agency would go to the United States to assess rare earths deposits there.
“Specifically, what rare-earth elements they contain and whether they are suitable. In other words, whether those are the rare earths we actually need. So we still need to investigate,” he said.
Given Taiwan does not mine such elements itself, it can instead play a role in refining the materials from other countries, Kung added.
“The technology is not an issue; the next step is scaling up,” he said.
Taiwan consumes 1,500 metric tons of rare earth annually, a figure projected to rise to 2,000 metric tons given economic growth, Kung added.
“Our goal is to expand production capacity to meet half of our demand by then, strengthening the supply chain.
President Donald Trump’s administration has stepped up efforts to secure US supplies of critical minerals after China rattled senior officials and global markets last year by withholding rare earths required by American automakers and other industrial manufacturers.
Trump last week launched a US strategic stockpile of critical minerals, called Project Vault, backed by $10 billion in seed funding from the US Export-Import Bank and $2 billion in private funding.
While semiconductor powerhouse Taiwan is not formally part of that scheme, it has previously held talks with the United States on how it can help, given Taipei’s concerns about over-reliance on a China-centric supply chain.
China views Taiwan as its own territory and has stepped up its military threats.
Speaking to reporters in Taipei, Kung said the ministry’s Geological Survey and Mining Management Agency would go to the United States to assess rare earths deposits there.
“Specifically, what rare-earth elements they contain and whether they are suitable. In other words, whether those are the rare earths we actually need. So we still need to investigate,” he said.
Given Taiwan does not mine such elements itself, it can instead play a role in refining the materials from other countries, Kung added.
“The technology is not an issue; the next step is scaling up,” he said.
Taiwan consumes 1,500 metric tons of rare earth annually, a figure projected to rise to 2,000 metric tons given economic growth, Kung added.
“Our goal is to expand production capacity to meet half of our demand by then, strengthening the supply chain.
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