Reuters: Russia’s State-Owned RNRC to Reinsure Russian Oil Shipments: Sources June 10, 2022 By Jonathan Saul State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance...
Insurance Ban on Russian Tankers Could Help Cut Moscow’s Energy Revenues: Yellen June 10, 2022 By Christopher Condon U.S. Treasury Secretary Janet Yellen said a plan to ban European and UK firms from insuring tanker shipments of Russian...
Removing Russian Sea Mines Near Key Ukraine Ports Could Take Months: U.N. June 9, 2022 By Áine Quinn Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region...
Ukraine Relocates Businesses From War Front to Protect Vital Producers June 6, 2022 By Natalia Zinets Oleg Averyanov’s factory produced fire trucks and employed 600 people until it was forced to halt operations and close its...
Russia’s Rusal Files Suit Against Miner Rio Tinto Over Access to Alumina Refinery June 6, 2022 By Praveen Menon SYDNEY – Russian aluminum producer Rusal has filed a lawsuit against global miner Rio Tinto, seeking to win back access...
Allianz to Retain 49.9% Stake in Russian Operations After Sale to Interholding June 3, 2022 The insurer Allianz said on Friday it would sell a majority stake in its Russian operations to the owner of...
EU Poised to Approve Sanctions Against Russia, Covering Oil, Banks and Insurance June 1, 2022 By Alberto Nardelli and Ewa Krukowska European Union ambassadors are set to approve a sixth package of sanctions over Moscow’s invasion of Ukraine, banning most Russian...
Iran’s Seizure of 2 Greek Oil Tankers Adds Risk to Key Shipping Route June 1, 2022 By Anthony Di Paola Iran’s seizure of two Greek oil tankers in the Persian Gulf raises the risk of further interruptions to shipments from...
EU Leaders Agree to Pursue Ban on Most Russia Oil; Insurance Prohibition Delayed May 31, 2022 By Jorge Valero, Milda Seputyte and Alberto Nardelli European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of...
U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources May 27, 2022 By Jonathan Saul, Lefteris Papadimas and Renee Maltezou The United States has confiscated Iranian oil held on a Russian-operated ship near Greece and will send the cargo to...