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...
The Secretive World of Russian Oil Tanker Insurance Revealed October 22, 2024 By Alex Longley One of the energy market’s open questions since Russia’s invasion of Ukraine has been who’s insuring the tankers moving Moscow’s...
UK Working to Challenge Russian Shadow Oil Tanker Insurance October 18, 2024 By Alex Longley The UK said three government bodies are working together to challenge Russian shadow fleet oil tankers if it perceives they...
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...
Burning Houthi-Hit Oil Tanker Set for Fresh Rescue Effort September 13, 2024 By Alex Longley Specialist salvage teams are set to renew efforts to remove a blazing oil tanker that’s been stuck in the Red...
Fires Spotted on Red Sea Tanker Drifting With Oil on Board August 23, 2024 By Alex Longley and Jacob Reid The UK Navy said that three fires have been observed on a ship attacked in the Red Sea earlier this...
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...
Crew Evacuated From Houthi-Stricken Oil Tanker in Red Sea August 22, 2024 By Alex Longley and Serene Cheong The crew of a ship that suffered several attacks in the Red Sea has been evacuated with naval support. Delta...
Russian Commodities Aren’t Safe in Red Sea as Houthis Attack July 26, 2024 By Alex Longley, Eleanor Thornber and Áine Quinn Yemen’s Houthi militants have attacked more merchant ships hauling Russian commodities than products from anywhere else in the world, highlighting...
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...