Oil Tanker Insurance Payouts at Risk After UK’s Russia Sanctions July 23, 2024 By Alex Longley Transfers of oil at sea that involve a recently sanctioned Russian insurer may prevent western firms from paying claims if...
Dark Fleet Caper Exposes Growing Risks in Crowded Malacca Strait July 22, 2024 By Serene Cheong A collision that set two vessels ablaze off Singapore has underlined the growing risks in the crowded Straits of Malacca,...
Update: Oil Tanker That Fled Collision Site Is Detained in Malaysia July 22, 2024 By Florence Tan A tanker that fled the scene of a fiery Friday collision off Singapore entered the area of Malaysia’s Bertam floating...
Two Oil Tankers on Fire in Waters Near Singapore, Crew Members Rescued July 19, 2024 By Jeslyn Lerh, Florence Tan and Jonathan Saul Two large oil tankers were on fire on Friday after colliding near Singapore, the world’s biggest refueling port, with two...
Venezuela Resorts to Using Shadow Tankers to Supply Oil to Ally Cuba June 27, 2024 By Marianna Parraga Venezuela’s state oil company PDVSA has begun using tankers that navigate off radar to supply its closest political ally, Cuba,...
Top Shipping Flag Cuts Approval for Sanctioned Russian Insurer June 18, 2024 By Alex Longley The world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co. to provide a key document enabling ships...
Denmark Seeks to Limit Shadow Tanker Fleet Carrying Russian Oil June 17, 2024 Denmark is considering ways to stop a so-called shadow fleet of tankers from carrying Russian oil through the Baltic Sea,...
Russia’s Ingosstrakh Weighs Legal Action After UK Sanctions June 17, 2024 Russia’s Ingosstrakh said on Friday it may challenge UK sanctions in court and was seeking clarification about the measures imposed...
UK Puts First Sanctions on Russia’s Shadow-Fleet Oil Tankers June 13, 2024 By Ellen Milligan and Alberto Nardelli The UK announced wide-ranging sanctions on Russia, including a first attempt to clamp down on a shadow-fleet of tankers transporting...
Growing Shadow Fleet of Tankers, Shipping Sanctioned Oil, Are Burning Dirty Fuel May 29, 2024 By Jonathan Saul The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel...