No Quick Deal in Sight as EU Countries Start Talks on New Russia Sanctions May 10, 2023 By Gabriela Baczynska European Union states were holding a first discussion on Wednesday on proposed new sanctions over Russia’s war in Ukraine that...
An Oil Tanker Ablaze in South China Sea Is Warning of Global Problem May 8, 2023 By Alex Longley and Yongchang Chin Off the coast of Malaysia, in one of the world’s busiest shipping channels, an explosion on board the aging oil...
Venezuela’s Oil Tankers at Risk of Spills, Sinking, Fires, Collisions: Report May 5, 2023 By Mircely Guanipa More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be immediately...
Burning Oil Tanker off Malaysia Rings Alarm Bells About Shadow Fleet May 2, 2023 By Ann Koh Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a...
Tanker Company Shipping Russian Oil Loses Insurance on G-7 Price Cap April 21, 2023 By Alex Longley and Julian Lee An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul...
UN Maritime Agency Raises Safety Concerns About Shadow Oil Tanker Fleet April 3, 2023 By Alaric Nightingale and Thomas Gualtieri A United Nations agency that oversees shipping raised concerns about the shadow fleet of tankers that has emerged to transport...
Russia Still Uses Western Insurance for Half of Tanker Fleet That Exports Its Oil March 30, 2023 By Bloomberg News Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according...
Japanese Shipping Firm Seeks Government Support for Russia Insurance Risk March 23, 2023 By Shoko Oda and Tsuyoshi Inajima Major Japanese shipping company Nippon Yusen KK is seeking a government guarantee to insure vessels at risk from Russia’s war...
Ukraine Holds Online Talks With Partners on Grain Export Deal Extension: Source March 7, 2023 By Pavel Polityuk Ukraine has started online talks with partners on extending the Black Sea Grain Initiative aimed at ensuring Kyiv can keep...
Insurers to Pay Bangladesh Shipping Corp. $22.48M for Vessel Hit by Missile in Ukraine March 1, 2023 By Ruma Paul and Jonathan Saul Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a...