News

India Approves More Russian Insurers to Provide Marine Cover

May 14, 2025 2 min read
author Anamika Mishra, Sub Editor
India has approved three Russian insurance companies, including a unit of Russia's top bank Sberbank, to provide marine insurance for ships coming to Indian ports. This move helps Russia continue sending oil to India, which is now its second-largest buyer after many Western countries stopped buying Russian oil due to the Ukraine war.The approved insurers are Sberbank Insurance, Ugoria Insurance Group, and ASTK Insurance Company. Their licenses are valid until February 20, 2026. With this, India now allows eight Russian insurers to offer Protection and Indemnity (P&I) coverage, which is important for ships carrying oil because it protects against

The only supply chain registration you need

Unrivaled context behind every news and article for free.

Register
Join the community of 150,000+ industry professionals

Subscribe to our Daily Newsletter

Subscribe For Free

By continuing you agree to our Privacy Policy & Terms & Conditions

Categories

Latest

DTDC Express and India Post Join Forces to Expand Logistics Reach Across 9,000+ Pin Codes
DTDC Express and India Post Join Forces to Expand Logistics Reach Across 9,000+ Pin Codes
April 28, 2026 | Supply Chain
India's Beer Industry Is a Supply Chain Powerhouse — Here's Why That Matters
India's Beer Industry Is a Supply Chain Powerhouse — Here's Why That Matters
April 28, 2026 | Supply Chain
US Sanctions Gujarat-Based Chemical Suppliers Tied to Sinaloa Cartel's Fentanyl Network
US Sanctions Gujarat-Based Chemical Suppliers Tied to Sinaloa Cartel's Fentanyl Network
April 28, 2026 | Supply Chain
DP World Opens First Swasthya Kendra in Gujarat to Support India's Truckers
DP World Opens First Swasthya Kendra in Gujarat to Support India's Truckers
April 23, 2026 | Supply Chain

Feature Articles

Astro-Economic Global & India Supply Chain Outlook 2025 - 2026
Astro-Economic Global & India Supply Chain Outlook 2025 - 2026
March 02, 2026 | Manufacturing
India’s E-Way Bill Volumes Hit January High, Signalling Strong Consumption Momentum
India’s E-Way Bill Volumes Hit January High, Signalling Strong Consumption Momentum
February 09, 2026 | Supply Chain
india-highways-future
Highways to 2047: India’s Long-Term Infrastructure Roadmap
August 12, 2025 | India a Supply Chain Hub
india-uk-trade-deal-cautious-tone
India File: UK deal sets cautious tone on trade
August 05, 2025 | Global Trade
vizhinjam-to-vision-2047
Vizhinjam to Vision 2047
July 31, 2025 | India a Supply Chain Hub
gift-city-developed-nation
GIFT City to be the gateway for India’s vision to become developed nation by 2047
July 29, 2025 | Global Trade

Related

BharatBenz Opens New Service Centre in Silchar to Strengthen Northeast India Logistics Support
BharatBenz Opens New Service Centre in Silchar to Strengthen Northeast India Logistics Support
April 21, 2026 | Supply Chain
Air India Signs 10-Year Thales FlytCARE Deal to Upgrade Inflight Entertainment Across 57 Aircraft
Air India Signs 10-Year Thales FlytCARE Deal to Upgrade Inflight Entertainment Across 57 Aircraft
April 21, 2026 | Supply Chain
FedEx and IIT Madras Complete India's First Intra-City Drone Delivery Trial in Bengaluru
FedEx and IIT Madras Complete India's First Intra-City Drone Delivery Trial in Bengaluru
April 21, 2026 | Supply Chain
TVS Supply Chain Settles Debt Row with ZTE Telecom India, Withdraws NCLAT Appeal
TVS Supply Chain Settles Debt Row with ZTE Telecom India, Withdraws NCLAT Appeal
April 19, 2026 | Supply Chain
India Supply Chain Summit 2026
josc-website-banner
hbm-website-banner
logo
News

See whats happening in Supply Chain Sector right now.

Events

Explore and discuss challenges & trend in India’s leading B2B Events .

Get updates on your preferred social platform

Follow us for the latest news, insider access to events and more.

Advertise With Us

We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc .

Subscribe to Our Newsletter

The week’s best stories, handpicked by JOSC editors in your inbox every week.

Stay informed with exclusive content

pravaah-magazine-logistics-distribution
June 2025: Inventory Management
May 2025: Sourcing and Procurement

We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept", you consent to our use of cookies.