The Wartime Risk Insurers Making Fortunes Keeping Trade Moving January 6, 2025 By Alex Longley Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of...
EU Proposes to Ban Sale of Tankers to Russia to Curb Growth of Shadow Fleet November 17, 2023 The European Commission is proposing to ban the sale of tankers for crude oil and petroleum products to Russia to...
World’s Ghost Fleet in Focus Over US Russian Price-Cap Crackdown October 26, 2023 By Robert Harvey and Natalie Grover U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto...
Rising Oil Prices Complicate Russian Price Cap Checks for Insurers April 28, 2023 By Alex Longley Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if...
Ship Insurers Warn of Russian Oil Price Cap Evasion, Risks of Growing ‘Dark Fleet’ April 27, 2023 By Jeslyn Lerh and Muyu Xu A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers...