The complex insurance picture surrounding the so-called dark fleet of tankers trading around the world has become even more unsure. Following the UK government’s decision to sanction Russian insurance provider Ingosstrakh earlier this year, London-headquartered West of England P&I Club has warned it may be constrained in its ability to provide cover for members with regard to any liabilities incurred with another vessel insured by Ingosstrakh, especially where that is by way of a planned operation such as a ship-to-ship transfer. In the event of a collision with an Ingosstrakh-insured vessel, West added that its members “are advised that the club may need to seek a licence to pay or reimburse any resulting liabilities.” “Such a licence may take time to obtain, if indeed it can be obtained at all,” West said. Many of the other major P&I Clubs are also headquartered in the UK. In response, Ingosstrakh told Reuters the advisory was “a misleading attempt to dissuade shipowners from doing business” with the Russian insurer. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsRussia United Kingdom