Finland Says Damage to Gas Pipeline, Telecoms Cable Likely Result of Deliberate Act October 11, 2023 By Anne Kauranen and Terje Solsvik A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have been damaged in...
Oil Tanker Adrift in Indian Ocean Is Latest Reminder of Dangers of Shadow Fleet October 11, 2023 By Alaric Nightingale and Chandra Asmara A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the...
Germany to Send Air Defenses for Kyiv to Guard Grain Routes October 6, 2023 By Michael Nienaber and Alberto Nardelli Germany plans to supply additional air defenses for Ukraine to help protect grain shipments from potential Russian attacks, according to...
SMBC Aviation Receives Cash Insurance Settlement Over Jets Stranded in Russia October 3, 2023 By Shivansh Tiwary and Kantaro Komiya Ireland-based aircraft lessor SMBC Aviation Capital on Monday said it had received a cash insurance settlement of $710 million for...
Freight Rates for Grain Exports via New Black Sea Corridor Fall Sharply, Ukraine Says October 2, 2023 By Pavel Polityuk A new corridor allowing cargo vessels to carry Ukrainian grain and iron ore from Black Sea ports has significantly lowered...
Ship Insurance Facility Set Up for Ukraine Grain Exports, Broker Miller Says September 27, 2023 A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has been set up in conjunction...
Russia Dodges G7 Price Cap Sanctions on Most of Its Oil Exports: FT September 25, 2023 Russian crude oil supplies increased 50% this spring despite the G7 countries imposing sanctions due to war in Ukraine, the...
Update: Lessor AerCap Settles Claim of $645M for Aeroflot Jets Stranded in Russia September 6, 2023 By Conor Humphries The world’s largest aircraft lessor has agreed to settle an insurance claim over Russia’s refusal to return 17 jets leased...
Ukraine Says Second Ship to Sail From Odesa Reaches Romania August 28, 2023 By Aliaksandr Kudrytski A Liberian-flagged bulk carrier that was the second ship to sail from Odesa since Russia quit the Black Sea safe-transit...
Insurers Raise Premiums for Black Sea Oil Tankers as Tensions Mount: Traders August 23, 2023 Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known...