Insurers Want Safety Assurances Before Covering Ships Sailing in Ukraine Grain Corridor July 20, 2022 Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there...
Stricken Bulk Carrier Remains Stranded Near Sydney as Rescue Efforts Fail for 21 Crew July 5, 2022 By Ainslie Chandler Twenty-one crew members remain aboard a bulk carrier which lost power in turbulent waters near Sydney, after overnight rescue attempts...
Carlyle Unit Assumes Full Risks of Operating Gas Field as Insurers Shun Black Sea June 29, 2022 By Irina Vilcu and Andra Timu A unit of Carlyle International Energy Partners LP has assumed the full risks of operating a new gas field in...
Russian Oil Tankers Get Their Safety Certification From India via Dubai Company June 23, 2022 By Nidhi Verma and Jonathan Saul India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot,...
Sovcomflot’s Cargo Ships Fully Covered by Russian Insurers: CEO June 20, 2022 Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief...
Black Sea Mine Removal Needed Before Ukraine Grain Can Be Shipped, Insurers Return June 13, 2022 By Jonathan Saul As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food...
Reuters: Russia’s State-Owned RNRC to Reinsure Russian Oil Shipments: Sources June 10, 2022 By Jonathan Saul State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including Sovcomflot’s fleet, after Western insurance...
Removing Russian Sea Mines Near Key Ukraine Ports Could Take Months: U.N. June 9, 2022 By Áine Quinn Removing sea mines near Ukraine’s key ports could take months, and hundreds of seafarers are still stranded in the region...
EU Gives Final Nod to Sanctions Targeting Russia’s Oil, Insurance, Sberbank June 3, 2022 By Gabriela Baczynska and Jan Strupczewski BRUSSELS – The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank...
European Union Seeks to Coordinate Russian Oil Insurance Ban With G-7 Members June 2, 2022 By Ewa Krukowska and Alberto Nardelli The European Union is working to coordinate a ban on providing the insurance services needed to ship Russian oil anywhere...