Sanctioned Oil Tankers Pose Rising Environmental Risk in Mediterranean, Greece Says June 5, 2024 By Jonathan Saul and Renee Maltezou Unregulated tankers sidestepping Western sanctions are posing a bigger risk to the Mediterranean region and Greece is undertaking more protective...
Russian Oil Finds New Site for Controversial Cargo Switching June 4, 2024 By Sherry Su Under pressure from Greece’s navy, traders of Russian oil have found a new place to switch cargoes of crude in...
EU Weighs Proposal to Sanction Russian Oil Tanker Insurer Ingosstrakh May 30, 2024 By Alberto Nardelli The European Union’s executive arm is examining the feasibility of a proposal by one of its member states to sanction...
Growing Shadow Fleet of Tankers, Shipping Sanctioned Oil, Are Burning Dirty Fuel May 29, 2024 By Jonathan Saul The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel...
Nearly All Sanctioned Russian Oil Tankers Remain Idle and Empty Months After Sanctions May 20, 2024 By Julian Lee Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the...
Russian Certifier Steps in After India Drops Safety Cover for Sanctioned Oil Tankers May 13, 2024 By Nidhi Verma and Jonathan Saul India’s ship certification agency has withdrawn safety cover issued to Russian oil tankers that have been placed under U.S. sanctions,...
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...