Insurance-Related Oil Tanker Backlog Starts to Clear in Turkey’s Vital Shipping Strait December 12, 2022 By Alex Longley and Alaric Nightingale A backlog of tankers waiting to haul oil through Turkey’s vital shipping straits appeared to start clearing, offering hope that...
EU’s Sanctions Against Russia Could Deprive Some of World’s Tanker Fleet of Insurance October 19, 2022 By Alberto Nardelli, Christopher Condon and Alaric Nightingale The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of...
EU Seeks to Target Russia’s Global Oil Exports With Insurance, Services Ban May 4, 2022 By Nikos Chrysoloras, Alberto Nardelli, Alex Longley and Alaric Nightingale The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that...
Cost of Insurance for Merchant Ships Sailing to Black Sea Ports Spirals Out of Control April 11, 2022 By Ann Koh and Alaric Nightingale The cost of insuring merchant ships sailing to ports in the Black Sea has spiraled out of control, becoming a...
Iran Oil-Shipping Insurance Seen Unusable on Lack of Clarity January 29, 2014 By Alaric Nightingale Insurance for tankers to export Iranian crude may be unusable even after the U.S. and the European Union eased sanctions...
Europe to Relax Reinsurance Ban on Iranian Oil Exports Next Week January 16, 2014 By Alaric Nightingale and James G. Neuger Europe is days from suspending a ban on reinsuring tankers hauling Iranian oil, a measure that helped cut the nation’s...
Pirate Kidnappings Surge in Waters off Nigeria as Attacks Spread July 15, 2013 By Alaric Nightingale Kidnappings of sailors on merchant ships in waters off Nigeria and nearby countries surged in the first half as pirates...