EU Proposes to Ban Sale of Tankers to Russia to Curb Growth of Shadow Fleet November 17, 2023 The European Commission is proposing to ban the sale of tankers for crude oil and petroleum products to Russia to...
US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap November 17, 2023 By Daphne Psaledakis and Laura Sanicola The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7’s price...
Russia Flagship Carrier Aeroflot Says It Reached Settlement With Aircraft Leasing Firm November 13, 2023 Russian flagship carrier Aeroflot said on Thursday it had clinched a settlement with leasing company BOC Aviation under which nine...
Freight Costs for Ships in Ukraine’s Export Corridor Ease Back to Former Levels November 13, 2023 Freight costs for ships in Ukraine’s alternative export corridor have eased back to their former levels, a government source said...
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...