UK Eyes War-Risk Insurance Scheme for Ukraine’s Reconstruction June 9, 2023 By Marc Champion, Alberto Nardelli and Alex Wickham The UK is drawing up a war-risk insurance scheme that it hopes will convince investment companies as well as tech,...
Rise in Fires, Ukraine-Russia Fallout Top Concerns for Shipping Industry: Allianz Report June 2, 2023 By Ezra Amacher The maritime sector experienced fewer total losses of vessels in 2022 while the number of shipping incidents remained relatively consistent,...
Singapore Detains Record Number of Oil, Chemical Tankers as Dark Fleet Grows June 1, 2023 By Alex Longley Singapore’s detentions of oil and chemicals tankers have surged since early last year, highlighting growing concerns over the environmental and...
What a Dark Fleet Tanker Looks Like: 23 Defects, Eight Different Names May 31, 2023 By Alex Longley A giant oil tanker that was detained in China failed its safety inspection on more than 20 counts, spotlighting the...
G-7 Steps Up Russia Sanctions, Seeks to Cut China Trade Dependency May 19, 2023 By Katya Golubkova Leaders of the world’s richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be...
Ukraine Black Sea Grain Deal Extended for Two Months May 18, 2023 By Huseyin Hayatsever and Michelle Nichols The Ukraine Black Sea grain deal has been extended for two more months, in what U.N. Secretary-General Antonio Guterres hailed...
Last Ship Leaves Ukraine Port With Fate of Black Sea Grain Deal in Russia’s Hands May 17, 2023 By Michelle Nichols The last ship left a port in Ukraine on Wednesday under a deal allowing the safe Black Sea export of...
No Quick Deal in Sight as EU Countries Start Talks on New Russia Sanctions May 10, 2023 By Gabriela Baczynska European Union states were holding a first discussion on Wednesday on proposed new sanctions over Russia’s war in Ukraine that...
Russian Carmaker GAZ Files Third Lawsuit Against Volkswagen May 8, 2023 Russian carmaker GAZ has filed a lawsuit worth 15.6 billion roubles ($200.5 million) against Volkswagen, court records show, adding to...
Rising Oil Prices Complicate Russian Price Cap Checks for Insurers April 28, 2023 By Alex Longley Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if...