Reuters: Russian Oil Cap Spurs Insurer Fears of Oil-Laden Ships Being Left at Sea November 11, 2022 Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and...
Grounded Oil Supertanker Could Take Month to Free: Indonesian Navy November 8, 2022 Indonesian authorities said on Monday it could take up to a month to free a crude oil tanker stuck in...
UK to Cap Price of Russian Oil Using Insurance, Brokerage, Shipping Services Ban November 4, 2022 By Joe Mayes The UK government is to cap the price of Russian oil for any company in the world using the country’s...
Lloyd’s Insurer Ascot Resumes Quoting Cargo Insurance for Black Sea Grain Shipments November 2, 2022 Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor,...
Russia Says it Will Resume Participation in Ukraine Grain Deal November 2, 2022 By Ali Kucukgocmen and Pavel Polityuk Russia said on Wednesday it would resume its participation in a deal freeing up grain exports from war-torn Ukraine, reversing...
Insurers Stop Offering Cargo Insurance for Ukraine Grains Shipments: Sources November 2, 2022 By Jonathan Saul and Carolyn Cohn Insurers are no longer offering new cargo insurance cover for shipments out of Ukraine through a U.N.-backed safe corridor after...
Update: Lloyd’s Insurer Ascot Pauses Writing New Cover for Ukrainian Grain Shipments October 31, 2022 Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black...
Grain Ships Sail From Ukraine Despite Moscow Exit From Deal; Insurance Cover Paused October 31, 2022 By Pavel Polityuk Ships brought grain from Ukrainian ports on Monday, suggesting Moscow had stopped short of reimposing a blockade that might have...
Insurers Still Unclear How G-7 Sanctions on Russian Crude Oil Cargoes Will Work October 24, 2022 By Alex Longley Just six weeks before European Union sanctions on Russian oil come into effect, insurers are still unclear as to exactly...
Russia Poised to Largely Circumvent G-7 Oil Price Cap, Insurance Restrictions October 21, 2022 By Noah Browning, Dmitry Zhdannikov and Jonathan Saul Russia can access enough tankers to ship most of its oil beyond the reach of a new G-7 price cap,...