protection and indemnity (P&I)

Putin Warns of Possible Strikes on Ukrainian Allies’ Ships

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Vladimir Putin warned that Russia may consider striking the ships of countries supporting Ukraine if a surge in attacks on Moscow’s tanker fleet doesn’t halt.”What the Ukrainian armed forces are doing now is piracy,” Putin told reporters in Moscow, in comments broadcast by the state-run Rossiya 24 TV channel. There’s been a surge in attacks … Read more

Oil Tanker Seized by Iran Is Released With Cargo Missing

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An oil tanker that was seized by Iranian forces last week has been freed but without its cargo, the vessel’s manager said. The crew of the Talara, which was captured on Friday, are safe and in good spirits, Columbia Shipmanagement said in a statement. The ship, which had been carrying high-sulfur gasoil when it was … Read more