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...
Baltic States Beef Up Infrastructure Defense After Suspected Pipeline Sabotage October 13, 2023 By Lars Paulsson, Milda Seputyte and Leo Laikola Power grid operators around the Baltic Sea are beefing up protection of subsea cables and other critical infrastructure after the...
Finland Says Damage to Gas Pipeline, Telecoms Cable Likely Result of Deliberate Act October 11, 2023 By Anne Kauranen and Terje Solsvik A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in...
Oil Tanker Adrift in Indian Ocean Is Latest Reminder of Dangers of Shadow Fleet October 11, 2023 By Alaric Nightingale and Chandra Asmara A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the...
SMBC Aviation Receives Cash Insurance Settlement Over Jets Stranded in Russia October 3, 2023 By Shivansh Tiwary and Kantaro Komiya Ireland-based aircraft lessor SMBC Aviation Capital on Monday said it had received a cash insurance settlement of $710 million for...
Russia Dodges G7 Price Cap Sanctions on Most of Its Oil Exports: FT September 25, 2023 Russian crude oil supplies increased 50% this spring despite the G7 countries imposing sanctions due to war in Ukraine, the...
Update: Lessor AerCap Settles Claim of $645M for Aeroflot Jets Stranded in Russia September 6, 2023 By Conor Humphries The world’s largest aircraft lessor has agreed to settle an insurance claim over Russia’s refusal to return 17 jets leased...
Russia’s Flagship Oil Rises Above G-7 Sanctions Cap, but Does Little to Impede Services August 22, 2023 By Alex Longley The price of Russia’s flagship oil may have jumped above a Group of Seven imposed cap but that has done...
Aircraft Lessors Aim for June 2024 Trial Over Contested Russia Insurance Claims August 1, 2023 Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June...
As Russian Oil Crosses G-7’s Price Cap, US Eyes Soft Enforcement July 27, 2023 By Timothy Gardner and Laura Sanicola The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to...