oil insurance tanker ship

Oil insurance expiration may cease Japan’s imports of Iranian crude

The country has been providing its own cover for tankers making the shipments and this may not renew. This month will likely start the cessation…

oil insurance

Japan chooses to continue providing its own oil insurance

Despite the fact that the sanctions against Iran have been lifted, the country will be keeping its sovereign coverage. Now that the sanctions against Iran…

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Japanese Iranian oil insurance shipping costs to rise this year

According to recent reports, Japan’s maximum coverage for tankers carrying crude from Iran is expected to rise. According to sources quoted in several oil insurance…

oil Insurance News

Oil insurance sanctions from EU to ease against Iran next week

Pending the go-ahead from the U.N nuclear watchdog changes will go into effect on January 20. The governments in the European Union are planning to…

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Oil insurance fund delays shrink Indian imports of Iran crude

As refiners continue to await the full operation of the program, not as many tankers are leaving Iranian ports for India. The imports of Iranian…

oil insurance news Iran imports stopped from india

Oil insurance between India and Iran hits delay

This has led the container and crude trade between the countries to experience a considerable disruption. Uncertainty over oil insurance coverage has caused crude and…

oil insurance

Oil insurance sanctions still affecting South Korean Iran crude imports

The country had imported 1.97 million barrels per day throughout the month of August. The latest reports regarding the impact of the oil insurance sanctions…