Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.

A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining ...

Moscow has been utilising its shadow fleet to bypass sanctions, according to a report by Kyiv School of Economics.

Russia’s crude flows fell for a second week in the seven days to April 28, with fewer vessels leaving the key ports of ...

Unseaworthy vessels carry oil through the English Channel to sell to bolster Putin’s war chest — but a spill would leave UK ...

UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less ...

The International Group of P&I Clubs (IG) has criticised the “flawed regime” of the Russian oil price cap (OPC), which it ...

Brian Nelson, the Treasury’s undersecretary for terrorism and financial intelligence, will visit the region as Washington ...

A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart ...

Moscow has remained New Delhis top supplier for months due to significant discounts it offers on its crude India has saved ...

The Swedish Club, one of the 12 members of the International Group of P&I Clubs, says it faces a thirtyfold increase in ...