Russia Ukraine war News

AerCap CEO Sees No Quick Return to Russia if Market Reopens, on Insurance Concerns

The head of the world’s largest aircraft leasing company, AerCap, said on Wednesday that Russia may look to buy used aircraft or engines if and when its markets reopen but that he saw no rush by Western lessors to resume …

Damage to Baltic Sea Telecoms Cable May Have Occurred in January, Operator Says

Finland’s telecoms operator said on Monday that the damage reported last week to its C-Lion1 telecoms cable in the Baltic Sea may have occurred as early as January 26, the same day a cargo ship broke another undersea cable in …

Update: Finland, Sweden Investigate Suspected Sabotage of Baltic Sea Telecoms Cable

Swedish and Finnish police are investigating a suspected case of sabotage of an undersea telecoms cable in the Baltic Sea, and Sweden’s coast guard has deployed a vessel to the area where multiple seabed cables have been damaged in recent …

Pro-Russian Hackers Attack Italian Websites After President’s Comments About Ukraine

A pro-Russian hacker group attacked Italian government websites on Tuesday [Feb. 18] in what it said was a reaction to a speech by Italian President Sergio Mattarella that compared Russia’s invasion of Ukraine to the Nazis ‘ “wars of conquest.” …

Oil Tankers Rocked by Mystery Blasts After Trips to Russia

At least four oil tankers have been hit with explosions so far this year — all of them having visited Russia’s territorial waters in the weeks prior to the blasts happening. Nobody has claimed responsibility for the incidents, three of …

India Is Building a Sanctions-Proof Supply Chain for Russian Oil

Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher US sanctions come into effect. Speaking on the sidelines of India’s flagship …

Russia’s Rostelecom Says Baltic Sea Cable Damaged, Tass Reports

A Russian underwater cable in the Baltic Sea has been damaged by an unspecified external impact, Tass reported on Saturday, citing the telecommunications provider PJSC Rostelecom. Restoration work is underway and the incident has had no impact on subscribers so …

Russia Faces Impending Oil Tanker Crisis as Sanctions Pile Up: Bloomberg Oil Strategist

Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes Bloomberg oil strategist Julian Lee. On Jan. 10, the US Treasury sanctioned 161 oil tankers for their role in moving Russian oil. …

Avolon, BOC Settle Lawsuit Against Insurers Over Stranded Russian Jets

Avolon and BOC Aviation, two of the world’s largest aircraft lessors, have settled lawsuits in the Irish courts against insurers over jets stranded in Russia following Western sanctions in 2022, they said on Friday. Lessors are suing dozens of insurers …

Denmark to Intensify Scrutiny of Russia Shadow-Fleet Tankers

Denmark will ramp up inspections of ships transporting Russian oil through its narrow straits, in an effort to protect the environment and maritime safety from older vessels in Moscow’s shadow fleet. The Danish Maritime Authority will start conducting so-called Port …