Russia’s RusChemAlliance Sues 5 European Banks Over Aborted Gas Project September 17, 2024 Russian company RusChemAlliance has filed new lawsuits against five European banks that stopped financing the construction of a gas project...
London-Based Ship Registry Helps Russia Oil Tankers Keep Running August 23, 2024 By Julian Lee and Alex Longley Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation...
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...
A Gas Carrier Faking Its Location Helps Russia Avoid Sanctions August 5, 2024 By Stephen Stapczynski A liquefied natural gas tanker that’s docked at a sanctioned Russian gas facility has no known insurer, is managed by...
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,...
UK, EU States to Target Russia’s Shadow Oil Fleet With More Checks July 15, 2024 By Alberto Nardelli, Alex Wickham and Alaric Nightingale The UK plans to launch a “call to action” this week with a group of European nations to target the...
After Oil, Russia May Be Building a Shadow Fleet for Gas June 28, 2024 By Bloomberg News In the months that followed its invasion of Ukraine and punitive Western restrictions imposed in response, Russia amassed a shadow...
Sanctions Damaging Safety at Sea, Says Sanctioned Ship Group Sovcomflot June 27, 2024 Sanctions on shipping companies are undermining safety at sea and pose dangers for trade as ship standards are impacted, the...