Western Governments Struggle to Set Russian Oil Price Cap Before Dec. 5 November 30, 2022 Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability...
Russia Seeks to Boost Recognition of its Shipping Insurance to Dodge Sanctions November 30, 2022 Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related...
SMBC Joins List of Aviation Lessors Suing Insurers Over Jets Stuck in Russia November 29, 2022 SMBC Aviation Capital has joined most of the world’s largest aircraft lessors in pursuing insurance claims through the courts over...
Russia Says It Won’t Sell Oil to Nations That Cap Prices November 22, 2022 By Bloomberg News Russia doesn’t plan to supply crude or oil products to nations that implement a price cap, according to Deputy Prime...
Aircraft Lessors Sue Insurers for $6.5 Billion Over Planes Trapped in Russia November 22, 2022 Aircraft leasing firms are suing dozens of insurers for around $6.5 billion in a string of lawsuits over the loss...
Explosive Residue Found at Site of Nord Stream Leaks, Confirming Sabotage: Sweden November 18, 2022 By Anna Ringstrom and Terje Solsvik Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken...
Turkey to Demand Oil Tankers Have Proof of Insurance, Adding Teeth to Russia Sanctions November 17, 2022 By Alex Longley, Ugur Yilmaz and Ercan Ersoy Turkey warned the world’s oil shippers they will need to prove they’re insured to cross the country’s vital straits, a...
Aircraft Lessor BOC Aviation Sues 16 Insurers Over Claims for Jets Stuck in Russia November 14, 2022 BOC Aviation Ltd. has begun legal action in pursuit of claims against 16 insurers over aircraft the lessor owns that...
Reuters: Russian Oil Cap Spurs Insurer Fears of Oil-Laden Ships Being Left at Sea November 11, 2022 Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and...
UK to Cap Price of Russian Oil Using Insurance, Brokerage, Shipping Services Ban November 4, 2022 By Joe Mayes The UK government is to cap the price of Russian oil for any company in the world using the country’s...