Moscow has dramatically reduced its need for Western ships or services by building up a shadow fleet of tankers.
Moscow has been utilising its shadow fleet to bypass sanctions, according to a report by Kyiv School of Economics.
A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining ...
Unseaworthy vessels carry oil through the English Channel to sell to bolster Putin’s war chest — but a spill would leave UK ...
Russia’s crude flows fell for a second week in the seven days to April 28, with fewer vessels leaving the key ports of ...
UK-based International Group of P&I Clubs, a global insurance company, says a growing shadow fleet is making it less and less ...
Brian Nelson, the Treasury’s undersecretary for terrorism and financial intelligence, will visit the region as Washington ...
The International Group of P&I Clubs (IG) has criticised the “flawed regime” of the Russian oil price cap (OPC), which it ...
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart ...
Only a week ago Antonio Carlos Balestra di Mottola was revealed as the new chief executive of d’Amico International Shipping. Having taken the chair from his stepfather, Paolo d’Amico, Ian Lewis ...
The Swedish Club, one of the 12 members of the International Group of P&I Clubs, says it faces a thirtyfold increase in ...
A study from the Investment Information and Credit Rating Agency (ICRA) showed that India, one of the largest consumers of ...