Ukraine Plea to Keep Grain Moving Clashes With Reality Facing Insurers, Shippers July 19, 2023 By Áine Quinn and Selcan Hacaoglu Ukraine is pushing for grain exports to continue from key ports following Russia’s withdrawal from the Black Sea grain deal....
Ideas Are ‘Being Floated’ on How to Get Ukraine, Russia Grain to World: UN July 19, 2023 By Michelle Nichols There are a “number of ideas being floated” to help get Ukrainian and Russian grain and fertilizer to global markets...
Ukraine Cargo Insurance Policy Suspended After Russia Quits Grain Deal: Marsh July 18, 2023 A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia...
Insurers Reviewing Black Sea Ship Cover After Russia Quits Grain Deal: Sources July 17, 2023 By Jonathan Saul Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit...
Russia Oil Hitting $60 Cap Adds to Crude-Oil Buyers’ Banking, Shipping Woes July 14, 2023 By Serene Cheong A top buyer of Russian oil is bracing for trading trouble as the price of Urals, the country’s main export...
Russia’s Flagship Crude Oil Surpasses G-7 Price Cap in Blow to Western Sanctions July 13, 2023 By Alaric Nightingale and Lucia Kassai Russia’s flagship Urals crude oil breached a price cap set by the Group of Seven, a blow to western sanctions...
Indonesia Seizes Iranian-Flagged Tanker Suspected of Illegal Oil Transfer July 11, 2023 By Stefanno Sulaiman and Fransiska Nangoy Indonesia’s coast guard said on Tuesday it seized an Iranian-flagged supertanker suspected of involvement in the illegal transshipment of crude...
Russia-Linked Oil Tanker Fleet Vanishes Even Faster Than It Grew July 11, 2023 By Julian Lee and Alex Longley A fleet of tankers that sprouted up out of nowhere to keep Russia’s oil moving has disbanded even faster than...
Russia’s Aging, Dark Fleet of Oil Tankers Gets Infusion of Newer Ships July 3, 2023 By Alex Longley and Serene Cheong An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of...
Rise in Fires, Ukraine-Russia Fallout Top Concerns for Shipping Industry: Allianz Report June 2, 2023 By Ezra Amacher The maritime sector experienced fewer total losses of vessels in 2022 while the number of shipping incidents remained relatively consistent,...