Finland Finds Anchor Drag Marks Left by Tanker That Broke Cables December 31, 2024 By Kati Pohjanpalo Finnish authorities investigating damage to subsea power and data cables found drag marks on the seabed likely left by the...
NATO to Boost Baltic Sea Presence After Power, Internet Cable Damage December 27, 2024 By Anna Ringstrom and Essi Lehto NATO said on Friday it would boost its presence in the Baltic Sea after the suspected sabotage this week of...
G-7 Considers Options to Harden Price Cap on Russian Oil December 20, 2024 By Ewa Krukowska and Alberto Nardelli Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better...
Denmark Warns That Russia May Send Warships to Escort Oil Tankers December 19, 2024 By Sanne Wass Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against...
Sweden Probe Into Broken Cable Advances as Seabed Study Winds Up November 22, 2024 By Christopher Jungstedt Sweden’s Navy completed a survey of the seabed near one of the damaged data cables in the Baltic Sea as...
Finland and Lithuania Report Severed Undersea Data Cables November 19, 2024 By Leo Laikola, Kati Pohjanpalo and Milda Seputyte An undersea data cable connecting Finland and Germany was cut in the early hours of Monday by what was likely...
Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s October 10, 2024 By L.S. Howard The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
Ukraine Says Russian Missile Hits Second Grain Ship October 8, 2024 By Kateryna Chursina, Olesia Safronova and Aliaksandr Kudrytski Russia targeted a ship loaded with Ukrainian grain with a ballistic missile Monday — the second in two days —...
AXA, Aircraft Lessor DAE Clinch Deal as UK Battle Over Jets Seized in Russia Kicks Off October 3, 2024 By Kirstin Ridley and Sam Tobin Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the...
Global Insurers Fight London Court Battle Over Jets Seized in Russia October 2, 2024 By Kirstin Ridley and Sam Tobin Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia...