Cap
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Marine World
Western Insurers Say Russian Oil Price Cap Pushing More Ships to ‘Shadow Fleet’
LONDON, April 30 (Reuters) – A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more…
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Port News
Oil price cap ‘increasingly unenforceable’ insurers warn
Written evidence submitted to the UK parliament by the International Group of P&I Clubs has warned that the oil price…
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Maritime News
International Group: Russian Oil Price Cap is Unenforceable
The International Group of P&I Clubs has informed the British Parliament that the G7 nations' partial sanctions on Russian oil…
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Marine World
G7 Price Cap on Russian Oil ‘Increasingly Unenforceable’, Insurers Warn
By Alex Longley and Julian Lee (Bloomberg) — A Group of Seven-imposed cap on the price of Russia oil is becoming…
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Marine World
Russian Oil Trading Far Above the G7’s Price Cap Everywhere
(Bloomberg) — Russian oil is trading far in excess of a Group of Seven price cap that’s supposed to deprive…
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Marine World
Titanic-Era Law Could Cap Shipowner Liability in Baltimore
By Ethan M Steinberg (Bloomberg) The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions…
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Marine World
US Issues New Sanctions Over Russian Oil Price Cap Violation
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on four entities and identified…
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Maritime News
U.S. Targets Russian Tanker and its Managers in Price Cap Enforcement
The United States with the support of its Western Allies is continuing to target tankers violating the year-old Russian…
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Maritime News
New Enforcement Alert Targets Tankers Avoiding Russian Oil Price Cap
The Price Cap Coalition which includes the EU, Australia, the UK, and the U.S. issued a “Compliance and Enforcement…
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Marine World
U.S. Sanctions Shadow Fleet Shipping Company for Russia Oil Price Cap Violations
The U.S. has imposed new sanctions on a UAE-based shipping company operating eighteen vessels for transporting Russian crude oil above…
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