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

Posted On: Jan. 12, 2023 9:36 AM CST

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.