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...
Cargo Ship Fire in New Jersey That Killed 2 Is Extinguished After a Week July 13, 2023 Crews extinguished the intensely burning fire aboard a cargo ship docked in New Jersey after nearly a week and are...
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...
Two New Jersey Firefighters Died Battling Fire on Cargo Ship Carrying 5,000 Cars July 7, 2023 Two firefighters were killed battling a blaze that began when cars caught fire deep inside a cargo ship carrying 5,000...
As Ukraine Grain Deadline Approaches, Pact Is Already Nearly Broken July 7, 2023 By Megan Durisin and Áine Quinn Global leaders are racing to salvage an international deal to allow Ukraine’s grain shipments by sea before it expires in...
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...