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...
Update: Nord Stream Insurers Deny Policies Covered War Risks in UK Lawsuit April 18, 2024 Nord Stream’s insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the...
Nord Stream Sues Insurers in London Over 2022 Pipeline Blasts March 12, 2024 Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured...
Russia Allocates Another $1.23B to State Company Buying Planes From Western Lessors January 18, 2024 Russia has allocated an additional 107.7 billion roubles ($1.23 billion) from its rainy day fund to a state company that...
Russia Oil Tankers Are Doing Strange Things Since Ramp Up of US Sanctions January 8, 2024 By Sherry Su and Julian Lee There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in...
Shadow-Fleet Oil Tanker Runs Aground Near Singapore December 8, 2023 By Bloomberg News A shadow-fleet oil tanker that had previously falsified its location to avoid detection on digital ship-tracking systems ran aground near...
Grain Ship, Damaged off Coast of Ukraine, Likely Hit Sea Mine: Sources November 20, 2023 A merchant ship transporting grains was lightly damaged off the coast of Ukraine and was likely to have been hit...