Update: Tankers Tied to the Russian Oil Trade Grind to Halt Following US Sanctions February 13, 2024 By Julian Lee and Alex Longley A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a...
Swiss Re, Others, Drop Call for Moscow Aviation Dispute Hearing February 7, 2024 By Carolyn Cohn and Kirstin Ridley Swiss Re is among a growing list of reinsurers to drop its demand that a near $10 billion battle with...
Aviation Lessors Secure Settlements With Russia Totaling $2.5B for Trapped Planes January 31, 2024 Aircraft leasing firms have secured settlements with Russia totaling more than $2.5 billion for over a quarter of the roughly...
Grain Insurance Program Could Be Blueprint for Ukraine’s Return to Air Travel: Doyle January 19, 2024 Ukraine is working “intensively” with partners to restore air travel suspended for nearly two years, with the main focus on...
Russia Allocates Another $1.23B to State Company Buying Planes From Western Lessors January 18, 2024 Russia has allocated an additional 107.7 billion roubles ($1.23 billion) from its rainy day fund to a state company that...
Ukraine in Talks With Marsh on War Risk Insurance for Air Transport January 15, 2024 Ukraine is discussing military risk insurance for air transportation with insurance broker Marsh and consulting firm Oliver Wyman, Ukraine’s National...
Russia Oil Tankers Are Doing Strange Things Since Ramp Up of US Sanctions January 8, 2024 By Sherry Su and Julian Lee There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in...
Russian Hackers Were Inside Ukraine Telecoms Giant for Months: Cyber Spy Chief January 4, 2024 By Tom Balmforth Russian hackers were inside Ukrainian telecoms giant Kyivstar’s system from at least May last year in a cyberattack that should...
Bulk Carrier Hits Mine in Black Sea, 2 People Injured, Ukraine Says December 28, 2023 A Panama-flagged bulk carrier that was headed to a River Danube port to load grain hit a Russian mine in...
Air Lease Gets Insurance Settlement for 4 Jets Stranded in Russia December 22, 2023 Air Lease said on Friday it had received about $64.9 million in cash as part of an insurance claim settlement...