Monday, August 18, 2025
Worlds Top Ship Insurers Won't Cover Ships Linked to Nord Stream 2 Pipeline -oilandgas360

World’s Top Ship Insurers Won’t Cover Ships Linked to Nord Stream 2 Pipeline

MarineLink The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream gas pipeline projects because of the threat of U.S. sanctions. Associations belonging to the International Group of P&I Clubs, including the Shipowners’ Club and the London P&I Club, said in a circular on Monday that it would not provide