Marine insurers face extra due diligence in Russia oil price cap crackdown
‘From what we understand, individual oil sales can be within the price cap even if media and other reports say otherwise,’ Dan Tadros, chief operating officer of American Club, the top P&I insurer of Russia-calling tankers, says
From February 20 pre-voyage attestations required for all tankers calling at Russia, affecting about 41% of tankers covered by Western insurers, a proxy for price cap compliance, based on January callings