Reinsurers Scrap War-Risk Cover After US Torpedoes Iranian Ship
London-based reinsurers are issuing seven-day cancellation notices on marine war-risk coverage after a US submarine torpedoed an Iranian warship off Sri Lanka,
London-based reinsurers are issuing seven-day cancellation notices on marine war-risk coverage after a US submarine torpedoed an Iranian warship off Sri Lanka,
The U.S. Treasury Department has issued a temporary sanctions waiver allowing Indian refiners to receive Russian crude oil cargoes already loaded on tankers, a
The U.S. attack on an Iranian warship in the Indian Ocean this week was the first time since World War Two that the United States has sunk an enemy vessel
India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared
Russian and Iranian oil producers are slashing prices in a fierce competition for Chinese buyers after India cut imports by 40%. Nearly 48 million barrels of
Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a
The Proteus Bohemia carrying 100,000 tons of diesel from India's Reliance facility has arrived in Rotterdam, the first such cargo since EU sanctions on
India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while
CMA CGM is doubling down on India, having finalizing shipbuilding contracts with Cochin Shipyard Limited (CSL) for six LNG-powered containerships while
ndia has seized three U.S.-sanctioned tanker ships linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, a
Three US-sanctioned tankers have arrived for demolition on India’s west coast in under a month, an unusually strong start to the year for a ship-breaking
The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark
India’s Coast Guard has dismantled an international oil-smuggling network off the country’s west coast, targeting vessels accused of conducting illicit
President Trump signed an executive order enabling tariffs on countries trading with Iran but did not immediately impose duties. The policy threatens major
More than a dozen tankers carrying 10-12 million barrels of Russian Urals crude are circling Asia seeking buyers after India cut imports under US pressure.
India launches state-backed Bharat Container Shipping Line joint venture to challenge foreign carriers' dominance and cut the country's $70-75 billion annual
A newly announced trade agreement between the United States and India could significantly reshape global crude oil flows and tanker demand, potentially cutting
U.S. President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting
By Trevor Hunnicutt ABOARD AIR FORCE ONE, Jan 31 (Reuters) – U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, as opposed to
India’s pullback from Russian oil imports is leaving Moscow with the dilemma of what to do with all the crude that it’s pumping onto tankers but is unable
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