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EU Bans New Insurance of Ships Carrying Russian Oil

EU Bans New Insurance of Ships Carrying Russian Oil

The European Union's sixth package of sanctions against Russia, approved on Thursday, includes an immediate ban on new insurance contracts for ships carrying Russian oil and existing contracts are to be phased out over 6 months, an EU official said."It is a 6-month phase out for ship insurance.

The European Union’s sixth package of sanctions against Russia, approved on Thursday, includes an immediate ban on new insurance contracts for ships carrying Russian oil and existing contracts are to be phased out over 6 months, an EU official said.”It is a 6-month phase out for ship insurance.The European Union’s sixth package of sanctions against Russia, approved on Thursday, includes an immediate ban on new insurance contracts for ships carrying Russian oil and existing contracts are to be phased out over 6 months, an EU official said.”It is a 6-month phase out for ship insurance.MarineLink NewsRead More

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