Ship Insurers Warn of Russian Oil Price Cap Evasion, Risks of Growing ‘Dark Fleet’ April 27, 2023 By Jeslyn Lerh and Muyu Xu A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers...
Russia’s Lavrov Blames West for Deadlock Over Future of Black Sea Grain Deal April 26, 2023 By Michelle Nichols Moscow has seen “practically no results” from a pact with the United Nations that aimed to help Russia’s grain and...
Russia’s Medvedev Says G-7 Export Ban Could Trigger Black Sea Grain Deal Exit April 24, 2023 By Bloomberg News Moscow may retaliate if Group of Seven countries proceed with a total ban on most exports to Russia by withdrawing...
Lukoil Buys Into AIG’s Former Russian Subsidiary April 20, 2023 Russia’s second-largest oil producer Lukoil has bought into insurance company GARDIA, a former subsidiary of AIG, one of the world’s...
Cyber Firm Group-IB Finalizes Exit From Russia to Spur Global Expansion Ambitions April 20, 2023 By Alexander Marrow Cybersecurity company Group-IB has finalized its exit from Russia, the group said on Thursday, cutting ties with its original market...
Russia’s Largest Cargo Airline Ordered to Pay Aircraft Lessor BOC Aviation $406.2M April 12, 2023 By Jonathan Stempel /A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd. $406.2 million after...
Russia Threatens to Bypass UN-Brokered Grain Deal, Cites Insurance as Barrier April 10, 2023 By Huseyin Hayatsever and Guy Faulconbridge Russia on Friday threatened to bypass the UN-brokered grain deal unless obstacles to its agricultural exports were removed, while talks...
Russia’s GAZ Group Files $348M Suit Against Volkswagen April 10, 2023 The Gorky Automobile Plant, part of Russia’s GAZ Group which was contracted to assemble cars for Volkswagen, has filed a...
German Insurers Renew Cover for Blast-Damaged Nord Stream 1 Gas Pipeline April 4, 2023 By Jonathan Saul, Carolyn Cohn, Christoph Steitz and John O'Donnell German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources...
UN Maritime Agency Raises Safety Concerns About Shadow Oil Tanker Fleet April 3, 2023 By Alaric Nightingale and Thomas Gualtieri A United Nations agency that oversees shipping raised concerns about the shadow fleet of tankers that has emerged to transport...