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...
Finland’s Elisa Says Baltic Undersea Cables Were Torn Apart by External Force January 7, 2025 By Isabelle Yr Carlsson Two undersea telecommunications cables that were damaged in the Baltic Sea on Dec. 25 appeared to have been torn apart...
Russia-Appointed Officials in Crimea Declare Emergency as Oil Spill Reaches Sevastopol January 6, 2025 Russia-appointed officials in Moscow-occupied Crimea announced a regional emergency on Saturday, as oil was detected on the shores of Sevastopol,...
The Wartime Risk Insurers Making Fortunes Keeping Trade Moving January 6, 2025 By Alex Longley Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of...
First Supertanker to Be Scrapped in Two Years Is a Dark Ship January 3, 2025 By Weilun Soon The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker to be registered for...
Finland Power Grid Operator Asks Court to Seize Oil Tanker Over Cable Damage January 3, 2025 Finland’s national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil...