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...Tanker owners must be able to prove they hold adequate insurance against spills in order to be allowed to access ports and other facilities....
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...of Independent Tanker Owners (Intertanko), which represents almost 70 per cent of all internationally traded oil, gas and chemical tankers, said in an advisory to members to “stay well away” from the Bab...
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...The Ukraine war has also indirectly driven up the cost of shipping oil, as Europe buys its oil imports from more distant producers than Russia and tanker owners are paid more to travel longer distances....
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...Jakob Larsen, head of safety and security for Bimco, a large international association of shipowners, said the search for security advice reflected how the shipping industry was “very worried” about the...
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...safety checks demanded by international maritime regulations....
...In west Africa, some of a tanker’s crew were kidnapped in January off Equatorial Guinea by pirates who briefly took control of the ship....
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...Center for Strategic and International Studies, who has studied the west’s energy sanctions on Moscow....
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