Splash 247: Tankers in six-digit territory ahead of EU’s Russian crude ban

There are alternatives to the International Group of P&I Insurers. For example, the state-controlled Russian National Reinsurance Company (RNRC) is currently the main reinsurer of the Russian national fleet, which are covered by the Ingosstrakh Insurance Company after they were dropped by the Western insurers. However, according to Poten & Partners the Russian national fleet is not sufficient to move all of Russia’s exports.

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