Ship on Fire Near Yemen After Second Attack in as Many Days June 14, 2024 By Alex Longley, Verity Ratcliffe and Kateryna Kadabashy A small cargo ship was on fire after being hit by three projectiles while sailing in the Gulf of Aden,...
UK Puts First Sanctions on Russia’s Shadow-Fleet Oil Tankers June 13, 2024 By Ellen Milligan and Alberto Nardelli The UK announced wide-ranging sanctions on Russia, including a first attempt to clamp down on a shadow-fleet of tankers transporting...
Commodity Ship Hit by Drone Near Yemen Is Taking on Water June 13, 2024 By Verity Ratcliffe, Alex Longley and Kateryna Kadabashy A commodity carrier was taking on water after being hit by a drone near Yemen, the latest incident underscoring the...
US Military Confirms Houthi Missile Strikes on Two Ships in Gulf of Aden June 10, 2024 By Lisa Baertlein Yemen’s Houthi damaged two commercial vessels in missile attacks in the Gulf of Aden in the last 24 hours as...
Growing Shadow Fleet of Tankers, Shipping Sanctioned Oil, Are Burning Dirty Fuel May 29, 2024 By Jonathan Saul The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel...
Nearly All Sanctioned Russian Oil Tankers Remain Idle and Empty Months After Sanctions May 20, 2024 By Julian Lee Dozens of tankers remain stuck doing nothing months after being sanctioned by the Treasury Department — a signal of the...
EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting May 7, 2024 By Alberto Nardelli The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine....
Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable April 30, 2024 A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart...
Shadow-Fleet Oil Tanker That Crashed Had Void Western Insurance April 29, 2024 A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents that weren’t valid, a...
Russia Reinsurer Backs Domestic Carriers to Get Indian Marine Insurance Permits April 26, 2024 By Nidhi Verma Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide...