Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War March 12, 2026 Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation’s $20 billion Maritime Reinsurance Plan...
Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing March 11, 2026 By Patpicha Tanakasempipat and Suttinee Yuvejwattana A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab...
Three Ships Struck in Day of Heavy Middle East Attacks March 11, 2026 By Patrick Sykes, Alex Longley and Patpicha Tanakasempipat Three vessels were hit by suspected projectiles in the Strait of Hormuz and Persian Gulf on Wednesday, one of the...
Dubai Flights Disrupted After Drones Injure Four Near Main Airport March 11, 2026 By Leen Al-Rashdan Dubai International Airport briefly halted operations on Wednesday after drones smashed down at the facility, resulting in four injuries at...
Iran Says Oil Blockade Will Continue Until Attacks End; Trump Threatens Heavier Strikes March 10, 2026 By Parisa Hafezi, Enas Alashray and Kanishka Singh Iran’s Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East if U.S....
Ship Clusters and Speeding Tankers Point to Hormuz Jamming March 10, 2026 By Weilun Soon At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic...
Greek Oil Tanker Exits Hormuz Shipping Strait With Signal Off March 9, 2026 By Alex Longley and Alaric Nightingale A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of...
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow March 9, 2026 By Joe Deaux and Loukia Gyftopoulou The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic...
Maritime Insurance Premiums Surge as Iran Conflict Widens March 6, 2026 By Noor Zainab Hussain and Manya Saini As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging — in some cases by...
Reinsurers Triple Ship Insurance Costs After US Torpedo Attack March 6, 2026 By Mihir Mishra and Saikat Das London-based reinsurers of ships are canceling their coverage of war risk and demanding 200% more to reinstate policies, according to...