EU Seeks to Target Russia’s Global Oil Exports With Insurance, Services Ban May 4, 2022 By Nikos Chrysoloras, Alberto Nardelli, Alex Longley and Alaric Nightingale The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that...
Update: Egypt Seizes Container Ship that Blocked Suez, Pending $916M Compensation April 13, 2021 By Tarek El-Tablawy and Alex Longley Egypt seized a giant container vessel that blocked the Suez Canal last month as it sought compensation of more than...
Pirates Attack Oil Tanker in West Africa, Kidnapping Another Crew December 17, 2019 By Olivia Konotey-Ahulu, Prejula Prem and Alex Longley An oil tanker was attacked on Sunday in West Africa’s Gulf of Guinea and most of its crew were kidnapped,...
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...
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...
Oil Tankers in the Persian Gulf Face Highest Risk Since 2005 May 22, 2019 By Alex Longley Not since 2005 have the world’s insurers considered shipping in the Persian Gulf so dangerous for oil tankers. The Joint...
UK, France, Germany Huddle on Iran Oil Tanker Insurance May 15, 2018 By Alex Longley If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week...
Oil Shippers Face Insurance Uncertainty with Return of U.S. Sanctions on Iran May 11, 2018 By Alex Longley Oil tanker owners are facing a nervous wait to find out whether they can carry on doing business with Iran...
Storm Ophelia Set to Slam Coast of Ireland; Extreme Winds, Flooding Expected October 15, 2017 By Alex Longley and Peter Flanagan Irish authorities warned some of the worst weather conditions to hit the country in 50 years will endanger lives, as...
Hermine Weakens As It Hits Florida Panhandle; Some Flooding, Power Outages Expected September 2, 2016 By Brian K. Sullivan and Alex Longley Hermine, the first hurricane to strike Florida since 2005, has weakened to a tropical storm as it moves inland, after...