Russia Poised to Largely Circumvent G-7 Oil Price Cap, Insurance Restrictions October 21, 2022 By Noah Browning, Dmitry Zhdannikov and Jonathan Saul Russia can access enough tankers to ship most of its oil beyond the reach of a new G-7 price cap,...
Insurers Get Safety Assurances for Ships Exporting Ukraine Grain Through Black Sea August 9, 2022 By Jonathan Saul and Michelle Nichols Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to...
London Insurance Sector Readies $50M Ukraine Grain Cargo Cover August 4, 2022 By Jonathan Saul and Carolyn Cohn The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may...
Insurers Weigh Covering Ukraine Grain Shipments After Deal to Re-open Black Sea Ports July 25, 2022 By Jonathan Saul A number of insurance underwriters are interested in providing cover for grain shipments from Ukraine after an agreement was reached...
Russian Oil Tankers Get Their Safety Certification From India via Dubai Company June 23, 2022 By Nidhi Verma and Jonathan Saul India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot,...
Black Sea Mine Removal Needed Before Ukraine Grain Can Be Shipped, Insurers Return June 13, 2022 By Jonathan Saul As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food...
Reuters: Russia’s State-Owned RNRC to Reinsure Russian Oil Shipments: Sources June 10, 2022 By Jonathan Saul State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance...
U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources May 27, 2022 By Jonathan Saul, Lefteris Papadimas and Renee Maltezou The United States has confiscated Iranian oil held on a Russian-operated ship near Greece and will send the cargo to...
Insurance (or Lack of It) Is Russian Oil’s Achilles’ Heel May 25, 2022 By Jonathan Saul, Nidhi Verma, Yuka Obayashi and Carolyn Cohn Russia has so far deflected much of the impact of sanctions on its oil trade but the insurance industry threatens...
Multiple Marine Insurance Claims Expected From War in Ukraine: Allianz May 10, 2022 By Jonathan Saul Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine...