Russian company RusChemAlliance has filed new lawsuits against five European banks that stopped financing the construction of a gas project in Russia after the West imposed sanctions against Moscow over the 2022 invasion of Ukraine. The lawsuits, all filed with …
Russia’s National Settlement Depository lost a bid to overturn European Union sanctions over its alleged role in helping fund President Vladimir Putin’s invasion of Ukraine. The Moscow-based institution was hit by EU sanctions in 2022 when the bloc alleged that …
Highlighting the existence of blanket exclusions in reinsurance contracts for risks originating in the region impacted by the ongoing Russia Ukraine conflict, Aon and Marsh McLennan are jointly calling for their removal. In a joint statement issued on Sunday, the …
Anna Netrebko’s lawsuit against the Metropolitan Opera was narrowed to gender discrimination claims by a federal judge, who agreed to dismiss the star soprano’s allegations of defamation, breach of contract and discrimination because of national origin. U.S. District Judge Analisa …
Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation that bases its operations in London. The Galaxy, the Liberty and the Rigel, all of which moved barrels for Moscow …
A Russian court has ordered that assets worth around $1.15 billion of a British subsidiary of German industrial gases company Linde be frozen in a dispute over a gas processing plant, court filings showed on Wednesday. RusChemAlliance, which filed the …
Ukraine is scrambling to ship as much grain as it can this summer, taking advantage of military gains it has made in the Black Sea area to boost exports even as Russia has attacked its ports. Ukraine is a major …
A liquefied natural gas tanker that’s docked at a sanctioned Russian gas facility has no known insurer, is managed by a little-known Indian company and is pretending to be somewhere else. Samir Madani, co-founder of TankerTrackers.com, identified the ship recently …
A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously shipped Iranian oil, potentially complicating payments due to Western sanctions, ship-trackers and industry sources say. WHAT HAPPENED? The Singapore-flagged Hafnia …
Transfers of oil at sea that involve a recently sanctioned Russian insurer may prevent western firms from paying claims if something goes wrong, a key provider of cover said. Moscow-based Ingosstrakh PJSC has emerged of a major insurer to Russian …
