The costs of insuring merchant ships sailing to ports in the Black Sea have spiralled out of control, becoming a…
Read More
Lloyd’s Register pulls back from services to Russia
The decision by the classification society will impact Russian-owned, controlled, or managed assets and firms. UK-based ship classification society Lloyd’s…
Read More
Russia’s Sovcomflot re-routes tankers to Bahamas over sanctions
Vessel tracking data indicated the diversion of up to three Sovcomflot tankers to the Bahamas. Russia-based shipping company Sovcomflot has…
Read More
