An Oil Tanker Ablaze in South China Sea Is Warning of Global Problem May 8, 2023 By Alex Longley and Yongchang Chin Off the coast of Malaysia, in one of the world’s busiest shipping channels, an explosion on board the aging oil...
Venezuela’s Oil Tankers at Risk of Spills, Sinking, Fires, Collisions: Report May 5, 2023 By Mircely Guanipa More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be immediately...
Burning Oil Tanker off Malaysia Rings Alarm Bells About Shadow Fleet May 2, 2023 By Ann Koh Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a...
Oil Tanker Seized by Iran Had Indian Crew, Turkey-Based Operator Says May 1, 2023 By Verity Ratcliffe An oil tanker seized by Iran on Thursday was carrying Kuwaiti crude and had a crew of 24 Indians, according...
Rising Oil Prices Complicate Russian Price Cap Checks for Insurers April 28, 2023 By Alex Longley Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if...
Ship Insurers Warn of Russian Oil Price Cap Evasion, Risks of Growing ‘Dark Fleet’ April 27, 2023 By Jeslyn Lerh and Muyu Xu A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers...
Tanker Company Shipping Russian Oil Loses Insurance on G-7 Price Cap April 21, 2023 By Alex Longley and Julian Lee An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul...
UN Maritime Agency Raises Safety Concerns About Shadow Oil Tanker Fleet April 3, 2023 By Alaric Nightingale and Thomas Gualtieri A United Nations agency that oversees shipping raised concerns about the shadow fleet of tankers that has emerged to transport...
Aging Shadow Fleet, Shipping Russian Oil, Poses Disaster Risk March 27, 2023 By Asad Zulfiqar The oil tanker Turba normally should have been melted down by now. The 26-year-old vessel hasn’t had a full inspection...
Japanese Shipping Firm Seeks Government Support for Russia Insurance Risk March 23, 2023 By Shoko Oda and Tsuyoshi Inajima Major Japanese shipping company Nippon Yusen KK is seeking a government guarantee to insure vessels at risk from Russia’s war...