Swedish Club News

The majority of all auxiliary engine damage takes place immediately after maintenance work in vessels, according to an investigation by The Swedish Club, a protection & indemnity marine insurer. A key finding is that 55 percent of casualties occur within …

Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as quickly as Tehran has wanted. A nuclear deal …