Russia Faces Impending Oil Tanker Crisis as Sanctions Pile Up: Bloomberg Oil Strategist February 7, 2025 By Julian Lee Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes Bloomberg oil...
Avolon, BOC Settle Lawsuit Against Insurers Over Stranded Russian Jets February 7, 2025 By Padraic Halpin and Conor Humphries Avolon and BOC Aviation, two of the world’s largest aircraft lessors, have settled lawsuits in the Irish courts against insurers...
Denmark to Intensify Scrutiny of Russia Shadow-Fleet Tankers February 6, 2025 By Sanne Wass and Alex Longley Denmark will ramp up inspections of ships transporting Russian oil through its narrow straits, in an effort to protect the...
Sweden Seizes Ship Suspected of Sabotage in Baltic Sea January 27, 2025 By Charles Daly Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in...
India Widens Approvals for Russian Insurers After Oil Sanctions January 23, 2025 By Rakesh Sharma India widened backing for Russian insurers as the largest buyer of Moscow’s seaborne crude strives to keep discounted barrels flowing,...
Baltic Sea Cable Cuts Can’t Be Accident, EU Tech Chief Says January 14, 2025 By Andrea Palasciano and Oliver Crook The European Union’s new digital chief, Henna Virkkunen, suggested the repeated damage to undersea cables in the Baltic Sea couldn’t...
Russian Insurer Says US Sanctions Against it Increase Risk of Environmental Disaster January 14, 2025 Russian insurance company Ingosstrakh said on Friday [Jan. 10] that U.S. sanctions against it would increase the risk of environmental...
Tougher US Sanctions to Curb Russian Oil Supply to China and India January 13, 2025 By Nidhi Verma, Chen Aizhu, Siyi Liu and Florence Tan Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight...
Broker McGill Offers Property War Reinsurance for Ukraine January 9, 2025 Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday...
Oil Tanker Linked to Subsea Cable Damage Has Serious Deficiencies, Finland Says January 8, 2025 Finland’s public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea...