Global Shipping Insurance May Shift If Russia Sanctions End, Bimco Says
The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s so-called shadow fleet, provided they
The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s so-called shadow fleet, provided they
More than three years into the Ukraine War the EU has finally slammed the door shut to the transfer of Russian LNG across its terminals. Ukrainian officials
Loading of Venezuela's heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American
A ship carrying Russian crude transferred from three smaller tankers that are under U.S. sanctions unloaded last week at a Chinese port, shiptracking data
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions targeting Iran’s petroleum
Russia’s first home-built Arc6 ice-class oil tanker continues its voyage from the Zvezda shipyard in the Far East to its service area in the Arctic. After a
By Serene Cheong Mar 8, 2025 (Bloomberg) –Successive rounds of sanctions on companies and tankers said to be aiding Tehran are finally slowing the
The premium shipowners are charging to haul Russia’s flagship oil is soaring as farewell sanctions imposed by the outgoing Biden administration continue to
Russia continues to use the Arctic as an expanding transport corridor for its hydrocarbon resources. Last year it carried 21.86 million tonnes of liquefied
An aging oil tanker sanctioned by the US is being taken apart in an Indian scrapyard, a potential watershed moment for the so-called dark fleet in a rapidly
Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela
As Western attention remains focused on Russia’s crude oil and liquefied natural gas shadow fleet, a third type of fuel, gas condensate, continues to flow
The International Chamber of Shipping (ICS) has raised significant concerns about emerging flag states potentially being used to circumvent international
Crude-oil exports from Russia’s main Pacific terminal remain robust as shippers and traders — yet again — work around a fresh batch of curbs from the US,
Russian officials have held meetings with Indian buyers this week in an effort to sell liquefied natural gas from a flagship export facility sanctioned by the
U.S. sanctions continue to severely hamper Russia’s efforts to deliver LNG from the designated Arctic LNG 2 plant to customers. Five months after loading
By Julian Lee Feb 7, 2025 (Bloomberg) –On Jan. 10, the US Treasury sanctioned 161 oil tankers for their role in moving Russian oil. It was part of a
Russia continues to amass LNG carriers in preparation of the impending EU transshipment ban. Starting in March 2025 EU export terminals will be off limits to
President Donald Trump’s maiden sanctions package targeting a handful of vessels carrying Iranian oil stopped short of the “maximum pressure” campaign
The new sanctions target multiple entities across China, India, and the UAE, as well as four vessels: SIRI (formerly ANTHEA), OXIS, CH BILLION, and STAR
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