Western Insurers Provide Cover for Russian Oil Despite Price Cap Concerns August 8, 2024 By Jonathan Saul and Gleb Stolyarov A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in...
How Iran Oil Link Could Complicate Insurance Claims After Tankers Collide Off Singapore August 5, 2024 By Jonathan Saul A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously...
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...