Topic: #Russia sanctions Page 1 / 1
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- October 29 2025
Kiwi P&I specialist Maritime Mutual accused of providing coverage to sanctioned oil: reports
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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- October 27 2025
Russian stranded assets now viewed as US$10bn market loss
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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- August 12 2025
Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
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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- July 31 2025
IG P&I tightens restrictions on Russian oil shipments as EU, UK reduce price cap
Sanctions include ban on 105 'shadow fleet' vessels and asset freezes on new entities, including Indian refinery Nayara Energy.
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- June 12 2025
Watershed moment as insurers told to cover jets stranded in Russia
AerCap, which owns 116 of the planes, was awarded US$1bn after the judge ruled that the cause of the loss was 'an act or order of the Russian government' and should be covered by war risks policies.
