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Ukraine Uncovers Fake Insurance Scheme Used by Russian Tankers to Evade Sanctions
3 Articles
3 Articles
Ukraine Uncovers Fake Insurance Scheme Used by Russian Tankers to Evade Sanctions
A number of Russian shadow fleet tankers have been found transporting oil with insurance certificates from a non-existent company, according to a recent intelligence assessment from Ukraine's foreign intelligence service. The report obtained by Ukraine’s foreign intelligence service that were seen by Bloomberg on April 16, reveals that Seaguard P&I, a company purportedly based in Pinneburg, Germany, provided an insurance certificate for the tank…
How is Russia's "shadow fleet" attempting to circumvent restrictions? Several Russian tankers in the "shadow fleet" are transporting oil using insurance certificates from a non-existent German company to circumvent international sanctions. This was reported by RBC-Ukraine, citing data from the Ukrainian Foreign Intelligence Service, which Bloomberg is using. Read also: Estonia explains why it doesn't want to detain Russian tankers in the Baltic …
A secret service report from Kiev highlights the illegal methods of Russian oil logistics. Several sanctioned tankers are said to be travelling with fake insurance certificates from a company that does not exist at their alleged location in Pinneberg in Schleswig-Holstein. This phantom insurer is not an isolated case. The post Like a fictitious German insurer protecting Russian oil first appeared on insurance industry today.
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