War Risk Insurance Premiums Surge for Oil Tanker Owners After Gulf Attacks June 17, 2019 By Alex Longley, Sheela Tobben and Ann Koh Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round...
Insurers Appoint Dutch Marine Engineer to Salvage Oil Tankers in Gulf of Oman June 14, 2019 Dutch marine engineer Boskalis said on Friday it had has been appointed to salvage both tankers that were hit in...
Insurance Rates for Crude Oil Tankers to Jump After Gulf Attacks June 14, 2019 By Julian Lee, Alex Longley and Will Hadfield Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the...
Large Shipping Losses in 2018 Drop to Lowest Level this Century but New Risks Emerge June 4, 2019 Large shipping losses declined by more than 50% in 2018 from the previous year – their lowest level this century,...
Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover May 20, 2019 By Jonathan Saul Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil...
Beazley Launches Affirmative Marine Cyber Cover May 15, 2019 Specialist insurer Beazley has created a marine cyber insurance product to meet the rapidly developing needs of vessel owners and...
France Works to Contain Fuel Spill After Italian Container Ship Sinks March 15, 2019 French authorities are working to contain a fuel spill off the Atlantic Coast after an Italian container ship sank following...
Cable and Pipe-Laying Ship Capsizes near Singapore After Tanker Collision January 15, 2019 By Fergus Jensen An undersea cable and pipe-laying ship, the Vanuatu-flagged MV Star Centurion, capsized in the Indonesian waters of the Singapore Straits...
Cargo Ship Sinks in Rough Seas off Coast of Turkey; 2 Crew Members Killed January 8, 2019 At least two crew members were killed on Monday after a cargo ship sank in rough seas off Turkey’s Black...
Oil Tanker Disaster to Be Probed by Maritime Authorities from China, Panama, Iran & HK January 26, 2018 The maritime authorities of China, Panama, Iran and Hong Kong on Thursday signed an agreement to jointly investigate a collision...