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West of England withdraws insurance cover on two Russian ships

The British ship insurer, West of England P&I, acts in response to Russian sanctions by pulling cover from two Russian vessels. ....

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Ship Insurer West Withdraws Cover on 2 Russian Ships Over U.S. Sanctions

British ship insurer West of England has withdrawn cover for two container ships operated by Russia's FESCO Transportation Group after the vessels were ....

United Kingdom , United States , Jonathan Saul , Fesco Magadan , Fesco Moneron , Jane Merriman , Transportation Group ,

Ship insurer West withdraws cover on two Russian ships over U.S. sanctions | Hellenic Shipping News Worldwide

British ship insurer West of England has withdrawn cover for two container ships operated by Russia’s FESCO Transportation Group after the vessels were listed by the U.S. Treasury as part of broader sanctions, West said on Wednesday. These are the first Russian owned vessels to be hit by U.S. sanctions on their insurance cover. Washington . ....

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On 22 February 2022, the United States announced new sanctions on Russia, blocking the property of two major Russian banks, dozens of their subsidiaries, and five individuals, and. ....

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US Imposes New Wave Of Economic And Financial Sanctions Against Russia

US President Joe Biden has announced a new set of fiscal and economic sanctions against Russia that aims to cripple its economy and ability to manage sovereign debt. ....

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