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...
Russian Court Orders Volkswagen to Pay $193M in Damages to Russian Carmaker July 9, 2024 A Russian court has ordered Volkswagen to pay 16.9 billion roubles ($193 million) in damages to Russian carmaker GAZ Group,...
Here Are the Legal Battle Lines in Ireland’s Multi-Billion Euro Russian Jet Trial June 28, 2024 The opening salvos have been fired in a 2.5 billion euro ($2.7 billion), Irish court battle between some of 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...
EU Adds 27 Russian Vessels to List of Entities Under Sanctions June 25, 2024 By Julia Payne The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under...
Details of Aviation Lessor Settlements With Russia Over Trapped Planes June 21, 2024 Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400...
Top Shipping Flag Cuts Approval for Sanctioned Russian Insurer June 18, 2024 By Alex Longley The world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co. to provide a key document enabling ships...
Denmark Seeks to Limit Shadow Tanker Fleet Carrying Russian Oil June 17, 2024 Denmark is considering ways to stop a so-called shadow fleet of tankers from carrying Russian oil through the Baltic Sea,...
Russia’s Ingosstrakh Weighs Legal Action After UK Sanctions June 17, 2024 Russia’s Ingosstrakh said on Friday it may challenge UK sanctions in court and was seeking clarification about the measures imposed...