Russia’s Oil Tanker Firm Sovcomflot Says G-7 Sanctions Make Oil Trade Less Safe September 20, 2024 By Bloomberg News Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only...
Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk September 18, 2024 By Alex Longley Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers...
London-Based Ship Registry Helps Russia Oil Tankers Keep Running August 23, 2024 By Julian Lee and Alex Longley Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation...
A Gas Carrier Faking Its Location Helps Russia Avoid Sanctions August 5, 2024 By Stephen Stapczynski A liquefied natural gas tanker that’s docked at a sanctioned Russian gas facility has no known insurer, is managed by...
How Iran Oil Link Could Complicate Insurance Claims After Tankers Collide Off Singapore August 5, 2024 By Jonathan Saul A collision between two tankers off Singapore in July raises questions over insurance claims, as one of the vessels previously...
Oil Tanker Insurance Payouts at Risk After UK’s Russia Sanctions July 23, 2024 By Alex Longley Transfers of oil at sea that involve a recently sanctioned Russian insurer may prevent western firms from paying claims if...
Dark Fleet Caper Exposes Growing Risks in Crowded Malacca Strait July 22, 2024 By Serene Cheong A collision that set two vessels ablaze off Singapore has underlined the growing risks in the crowded Straits of Malacca,...
Update: Oil Tanker That Fled Collision Site Is Detained in Malaysia July 22, 2024 By Florence Tan A tanker that fled the scene of a fiery Friday collision off Singapore entered the area of Malaysia’s Bertam floating...
Two Oil Tankers on Fire in Waters Near Singapore, Crew Members Rescued July 19, 2024 By Jeslyn Lerh, Florence Tan and Jonathan Saul Two large oil tankers were on fire on Friday after colliding near Singapore, the world’s biggest refueling port, with two...
Russian Tactics Make Secret Tanker Oil Switching Harder to Trace July 17, 2024 By Julian Lee Two near-identical oil tankers trying to beat western sanctions. A secret transfer of Russian crude halfway between Iran and Oman....