Norway uncovers fake insurance for Russian oil tankers

Norway uncovers fake insurance for Russian oil tankers

Norway-registered company showed the tankers involved had Western insurance coverage in the event of pollution or sinking

Norwegian Firm Under Investigation For Fake Insurance Of Russian Tankers

Image for representation purposes only A Norwegian company, Romarine AS, is under investigation for issuing fraudulent insurance certificates to oil tankers linked to Russia’s efforts to bypass international sanctions. Norway’s Financial Supervisory Authority (FSA) revealed that Romarine was never registered as an insurance provider but still provided documents for ships suspected of being part of Russia’s “shadow fleet.” Western nations have sa…

Further oil exploration on the Norwegian shelf is primarily important to slow the natural decline in production. That is why the EU also supports further exploration on the Norwegian shelf.

Firm Issued Fake Insurance for Russian Oil Tankers, Norway's FSA Says

The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents.

The Norwegian authorities have launched an investigation into the small company Romarine AS. She is suspected of issuing fake insurance to dozens of aging oil tankers that Russia is using to circumvent international sanctions. This was reported by Reuters today. Police in Oslo confirmed they had launched an investigation into Romarine AS's business activities after receiving a complaint from the Norwegian Financial Supervisory Authority (FSA). P…