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...
Nearly All Sanctioned Russian Oil Tankers Remain Idle and Empty Months After Sanctions May 20, 2024 By Julian Lee Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the...
EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting May 7, 2024 By Alberto Nardelli The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine....
Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable April 30, 2024 A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart...
Shadow-Fleet Oil Tanker That Crashed Had Void Western Insurance April 29, 2024 A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents that weren’t valid, a...
Russia Reinsurer Backs Domestic Carriers to Get Indian Marine Insurance Permits April 26, 2024 By Nidhi Verma Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide...
Deadly Explosion off Nigeria Points to Threat From Aging Oil Ships Around the World October 31, 2023 By Helen Wieffering and Grace Ekpu OKITIPUPA, Nigeria (AP) – It was the dead of night when the ship caught fire, Patrick Aganyebi remembers, but the...
Oil Tanker Sails to Israeli Red Sea Port to Avoid Conflict October 20, 2023 By Sherry Su An oil tanker is hauling a cargo of crude toward an Israeli Red Sea port that’s seldom used for crude...
Philippines Coast Guard Identifies Marshall Islands Oil Tanker in Fatal Collision October 4, 2023 By Andreo Calonzo Three people are dead after a Philippine fishing boat collided with an oil tanker in what the nation’s coast guard...