India weighs extension for 4 Russian P&I insurers covering oil shipments
February 20 2026 by Mithun Varkey
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Kiwi P&I specialist Maritime Mutual accused of providing coverage to sanctioned oil: reports
- October 29
Carrier denies breach amidst investigations over allegation of facilitating tens of billions of dollars of Iranian and Russian energy products since sanctions.
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Russian stranded assets now viewed as US$10bn market loss
- October 27
The bulk of the loss is also likely to be absorbed not by the aviation war market, as originally thought, but actually by the marine market.
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Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
- August 12
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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IG P&I tightens restrictions on Russian oil shipments as EU, UK reduce price cap
- July 31
Sanctions include ban on 105 'shadow fleet' vessels and asset freezes on new entities, including Indian refinery Nayara Energy.
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