Transportation, Cargo, Marine (Inland and Ocean) News

Iran Flexes Military Muscle in Persian Gulf, Amid Rising Tensions

With tensions over its roles in Yemen, Iraq and Syria already high, Iran is flexing its military muscle in the Persian Gulf. For the third time in as many weeks, Islamic Revolutionary Guard Corps patrol boats have fired at or …

Iranian Boats Fired Shots Across Bow of Singapore-Flagged Ship in Persian Gulf

Four Iranian patrol boats fired warning shots across the bow of a Singapore-flagged merchant ship in the Persian Gulf on Thursday before it escaped into the territorial waters of the United Arab Emirates, according to the U.A.E.’s coast guard. “The …

Growing Yemen War Risk Threatens Vital Sea Routes; Premiums Likely to Jump

With Middle East giants Saudi Arabia and Iran squaring up on opposing sides in the Yemen war, the dangers to vital oil tanker and goods voyages are growing daily. Millions of barrels of oil pass through the Bab el-Mandeb and …

DUAL Launches Marine Operations in The Netherlands

DUAL, the underwriting agency arm of Hyperion Insurance Group, has opened its first office in The Netherlands. The Rotterdam office will initially write marine and energy lines with DUAL’s complete suite of products added over time, according to DUAL in …

Yemen Conflict Adds to Worries for Ships Dodging Pirates, Terror

When it comes to world trade, a 17-day shortcut trumps terror, piracy and now bombs. That’s the time a supertanker saves by using the Bab el-Mandeb waterway that skirts Yemen at the southern tip of the Arabian Peninsula, rather than …

XL Group’s E&S Insurance Adds Miller in Chicago to Launch New Auto Product

XL Group’s Excess & Surplus (E&S) insurance team is expanding, adding Andrew Miller as underwriting manager for its newest product line, primary auto. Miller joins XL Group’s Chicago office with more than a dozen years of transportation insurance industry experience, most recently as …

Safety Of Guardrails Questioned by Kansas, Missouri

Missouri and Kansas transportation officials have suspended installations of a guardrail system after concerns that parts of the guardrails break off on impact and run through vehicles, causing injuries to drivers and passengers. The two states are among 40 that …

Los Angeles Port Sees Air Pollution Levels Dip

Harbor officials say efforts to reduce air pollution at the Port of Los Angeles are working. Authorities on Monday say diesel particulate levels dropped 7 percent last year compared to 2012 – an 80 percent reduction since 2005. Nitrogen oxide levels …

Texas Leads U.S. in Road Fatalities, Needs Transportation Funding

Gus Pando lost his mother last year in a crash at an intersection where a county road crossed four lanes of vehicles barreling by at 75 miles an hour. At the same Odessa, Texas, junction in August, a family friend …

Canada Eyes Insurance Pollution Fund for Oil-By-Rail Risks

The Canadian government is looking at extending the insurance burden for crude-by-rail disasters beyond just railways and is weighing the idea of a special fund similar to one once set up for maritime oil spills, a government official said. The …