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...
New York-Based Insurer Says U.S. Has Lifted Sanctions for Iranian Oil Cargoes February 12, 2016 By Alex Longley A U.S.-based insurer to the global shipping industry said it got government authorization to cover non-American companies transporting oil from...