Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according...
Russian shipping News
A cargo of Russian oil is heading for storage tanks in Ghana, a nation that exports crude itself and is...
Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions...
Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief...
Operations at Russia’s Sakhalin 1 oil project will continue to face disruptions for “a couple of months” as Western sanctions...
State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance...
U.S. Treasury Secretary Janet Yellen said a plan to ban European and UK firms from insuring tanker shipments of Russian...
Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region...
BRUSSELS – The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank...
The European Union is working to coordinate a ban on providing the insurance services needed to ship Russian oil anywhere...