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International

Aframax tanker switches P&I cover after Russian oil price capping

January 12, 2023 Reprints

Buena Vista, an aframax tanker owned by Social Club Inc of the Marshall Islands and managed by an Indian company, has switched its European protection and indemnity provider amid a European Union ban on Russian crude imports and a cap on the price of Russian oil, TradeWinds reported. The American Steamship Owners Mutual Protection and Indemnity Association, Inc. is now insuring the vessel instead of The Standard Club Ltd.

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Aframax tanker switches P&I cover after Russian oil price capping

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