Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >India denies entry to ship carrying Russian oil over documentation, sources say
    Finance

    India Denies Entry to Ship Carrying Russian Oil Over Documentation, Sources Say

    Published by Global Banking & Finance Review®

    Posted on March 27, 2025

    3 min read

    Last updated: January 24, 2026

    Add as preferred source on Google
    India denies entry to ship carrying Russian oil over documentation, sources say - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    India denied entry to a Russian oil tanker due to documentation issues, reflecting tightened scrutiny on Russian crude imports.

    India Blocks Entry of Russian Oil Tanker Over Documentation

    By Nidhi Verma

    NEW DELHI (Reuters) -Indian port authorities denied entry to an ageing tanker loaded with Russian crude on Thursday due to inadequate documentation, sources familiar with the matter said, an unusual move that indicates tightened scrutiny of vessels carrying Russian oil.

    India is the biggest buyer of seaborne Russian crude. Russian oil accounted for about 35% of overall crude imports in 2024 by India, the world's third biggest oil importer and consumer.

    The Tanzania-flagged Andaman Skies, carrying about 100,000 metric tons (or some 800,000 barrels) of Varandey Russian oil sold by Lukoil from the northern port of Murmansk, shipping data showed, was on course for the Vadinar Port for delivery to state refiner Indian Oil Corp before being turned away, sources said.

    The sources declined to be named as they are not authorised to speak with media.

    Indian port entry rules require tankers that are more than 20 years old to have seaworthiness certification by a member of the International Association of Classification Societies or an entity authorised by India's maritime administration.

    Andaman Skies, which was built in 2004 and had previously visited India as recently as December, was carrying certification by Dakar Class, which is based in India but not recognised by Indian shipping authorities, the sources said.

    The vessel has protection and indemnity (P&I) insurance cover from Russian company Soglasie, according to two sources familiar with the vessel's documents.

    Lukoil and Soglasie didn't immediately respond to Reuters' requests for comment. Vadinar port authorities and Indian Oil did not respond to Reuters' emails seeking comments.

    Russian oil supplies to top buyers India and China fell sharply in the immediate aftermath of sweeping U.S. sanctions in January, aimed at curtailing Moscow's oil revenue, on targets including more than 100 ships, making it harder for sellers of Russian oil to find vessels.

    India's oil secretary last month said the country's refiners would buy Russian oil supplied by companies and ships not sanctioned by the U.S., effectively reducing the number of cargoes and vessels available.

    Indian refiners buy Russian oil on delivered basis with ship, insurance and other servics arranged by the seller.

    While the Andaman Skies is subject to UK and European Union sanctions, it is not designated by U.S. or United Nations sanctions. India follows United Nations sanctions.

    Contact information for the ship's owner Durbeen Navigation Ltd could not immediately be found.

    (Reporting by Nidhi Verma, Additional reporting by Moscow bureau; editing by David Evans and Tony Munroe)

    Key Takeaways

    • •India denied entry to a Russian oil tanker due to inadequate documentation.
    • •The tanker was carrying 100,000 metric tons of Russian crude.
    • •India is a major buyer of Russian oil, accounting for 35% of imports.
    • •The tanker lacked certification recognized by Indian authorities.
    • •Russian oil supplies to India and China have decreased due to sanctions.

    Frequently Asked Questions about India denies entry to ship carrying Russian oil over documentation, sources say

    1What is the main topic?

    The article discusses India's denial of entry to a Russian oil tanker due to documentation issues, reflecting increased scrutiny on Russian crude imports.

    2Why was the Russian oil tanker denied entry?

    The tanker was denied entry due to inadequate documentation, specifically lacking certification recognized by Indian authorities.

    3How has Russian oil supply been affected?

    Russian oil supplies to India and China have decreased due to U.S. sanctions, making it harder for sellers to find vessels.

    More from Finance

    Explore more articles in the Finance category

    Image for Citi's co-head of Asia investment banking Metzger departs, Bloomberg News reports
    Citi's Co-Head of Asia Investment Banking Metzger Departs, Bloomberg News Reports
    Image for Russian attacks kill two in Ukraine's Kharkiv, damage infrastructure on the Danube
    Russian Attacks Kill Two in Ukraine's Kharkiv, Damage Infrastructure on the Danube
    Image for UK consumer sentiment slides to weakest in over two years, BRC survey shows
    UK Consumer Sentiment Slides to Weakest in Over Two Years, Brc Survey Shows
    Image for Dollar strengthens as confidence recovers, Fed hike bets trimmed
    Dollar Strengthens as Confidence Recovers, Fed Hike Bets Trimmed
    Image for US oil prices rise as investors assess Middle East de-escalation
    US Oil Prices Rise as Investors Assess Middle East De-Escalation
    Image for UK authorises military to board Russian shadow fleet tankers
    UK Authorises Military to Board Russian Shadow Fleet Tankers
    Image for Trading Day: Giving peace a chance
    Trading Day: Giving Peace a Chance
    Image for Nexi appoints Bernardo Mingrone as CEO
    Nexi Appoints Bernardo Mingrone as CEO
    Image for UN adopts Ghana's slavery resolution, defying resistance from US, Europe
    UN Adopts Ghana's Slavery Resolution, Defying Resistance From Us, Europe
    Image for Saab presses on with Peru fighter campaign despite political headwinds
    Saab Presses on With Peru Fighter Campaign Despite Political Headwinds
    Image for Italy's MPS board revokes CEO Lovaglio's powers
    Italy's Mps Board Revokes CEO Lovaglio's Powers
    Image for KKR-backed OHB taps banks for share sale, Bloomberg News reports
    KKR-backed Ohb Taps Banks for Share Sale, Bloomberg News Reports
    View All Finance Posts
    Previous Finance PostTotalEnergies Tightens Emissions Targets Despite Aims to Sell More Gas
    Next Finance PostFactbox-Energy Assets Affected by Russia-West Standoff and Sanctions