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...
Ukraine Nuclear-Plant Attacks Prompt Emergency Watchdog Meet April 12, 2024 The United Nations atomic watchdog held an emergency meeting in Vienna to discuss the increasing risk of an accident at...
EBRD Calls for Subsidized Insurance to Quickly Rebuild Ukraine April 5, 2024 By Kriti Gupta and Anna Edwards Subsidized insurance would attract investors to help rebuild Ukraine’s war-battered economy, according to the European Bank for Reconstruction and Development....
Russia’s Baltika Sues Carlsberg Subsidiaries for Over $900M in Damages April 1, 2024 Russia’s Baltika Breweries has sued four Carlsberg subsidiaries for damages amounting to 6.24 billion Danish crowns ($902 million), Russian court...
UK Court Rules That $10 Billion Jet Dispute Should Be Heard in London, Not Moscow March 28, 2024 A $10 billion battle between reinsurers and aircraft leasing companies seeking payouts for more than 200 jets stuck in Russia...
Update: Foreign Firms’ Losses From Exiting Russia Top $107 Billion March 28, 2024 By Alessandro Parodi and Alexander Marrow The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in...
Russia’s Oil Is Finally Getting Snarled by Sanctions March 25, 2024 By Rakesh Sharma, Grant Smith and Julian Lee The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears. Indian oil...
Denmark Detains Shadow Fleet Oil Tanker After Ship Collision March 22, 2024 By Alex Longley Danish maritime authorities have detained a tanker that was due to carry Russian oil after it collided with another ship...
Shadow-Fleet Oil Tanker Damaged in Collision Near Denmark March 20, 2024 By Alex Longley and Sherry Su A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark,...
In Ukraine’s Bombarded Ports, Ship Buyers Scout for Deals March 15, 2024 By Jonathan Saul and Carolyn Cohn Since Russia invaded Ukraine two years ago, nearly 50 merchant ships have been languishing in its waters, stuck in ports...