Nearly All Sanctioned Russian Oil Tankers Remain Idle and Empty Months After Sanctions May 20, 2024 By Julian Lee Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the...
Russian Certifier Steps in After India Drops Safety Cover for Sanctioned Oil Tankers May 13, 2024 By Nidhi Verma and Jonathan Saul India’s ship certification agency has withdrawn safety cover issued to Russian oil tankers that have been placed under U.S. sanctions,...
EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting May 7, 2024 By Alberto Nardelli The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine....
Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable April 30, 2024 A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart...
Shadow-Fleet Oil Tanker That Crashed Had Void Western Insurance April 29, 2024 A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents that weren’t valid, a...
Russia Reinsurer Backs Domestic Carriers to Get Indian Marine Insurance Permits April 26, 2024 By Nidhi Verma Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide...
Update: Nord Stream Insurers Deny Policies Covered War Risks in UK Lawsuit April 18, 2024 Nord Stream’s insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the...
Russia’s Oil Is Finally Getting Snarled by Sanctions March 25, 2024 By Rakesh Sharma, Grant Smith and Julian Lee The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears. Indian oil...
Denmark Detains Shadow Fleet Oil Tanker After Ship Collision March 22, 2024 By Alex Longley Danish maritime authorities have detained a tanker that was due to carry Russian oil after it collided with another ship...
Shadow-Fleet Oil Tanker Damaged in Collision Near Denmark March 20, 2024 By Alex Longley and Sherry Su A tanker from the shadow fleet of ships assembled to carry Russian oil was involved in a collision near Denmark,...