Insurance
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Marine World
Inside the Shadowy Insurance Market Covering Russia’s Oil Tankers
By Alex Longley, Patrick Sykes and Alberto Nardelli (Bloomberg) — One of the energy market’s open questions since Russia’s invasion of…
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Marine World
Russian Attacks Spark Surge in War Insurance for Ukraine Grain Ships
By Áine Quinn and Alex Longley (Bloomberg) — The cost of insuring vessels that transit Ukraine’s shipping corridor in the Black…
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Maritime News
Global Marine Insurance Market Trending Upwards Since COVID
The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its 150th…
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Marine World
Navigating Cyber Risk in Ports and Terminals: The Role of Specialized Insurance
Last year was exceedingly busy for ports, terminals and maritime-related operations of all types—but in some very unwelcome ways. Early…
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Marine World
Iranian Oil Ties May Complicate Singapore Tanker Collision Insurance Claims
By Jonathan Saul (Reuters) – A collision between two tankers off Singapore in July raises questions over insurance claims, as one of…
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Marine World
UK Ship Insurer Sees Problems Paying Claims Involving Sanctioned Russian Provider
By Jonathan Saul LONDON, July 23 (Reuters) – Paying claims for ships involved in accidents or collisions with other vessels covered by…
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Marine World
Bigger Ships, Bigger Risks: Navigating the Challenges of Modern Maritime Safety
By Captain Rahul Khannav The tragic collapse of Baltimore’s Francis Scott Key Bridge in the US after it was hit…
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Maritime News
Liberia Blocks Russian Insurer in Latest Move Against Shadow Fleet
Western efforts are continuing to gain momentum to apply pressure and specifically to use economic levers to cut off…
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Marine World
War Risk Insurance Challenges in the Wake of Russia-Ukraine War
The Chairman of the Association of Average Adjusters, Burkhard Fischer, highlighted the on-going complexities faced by the maritime industry during…
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Marine World
Insurance Firms Deny Chevron’s Claim for Iran Oil Seizure from ‘Advantage Sweet’
HOUSTON, May 8 (Reuters) – Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran,…
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