Insurers of Container Ship Aground in Suez Canal Face Millions in Claims March 25, 2021 By Carolyn Cohn and Jonathan Saul LONDON – The owner and insurers of one of the world’s largest container ships stuck in the Suez Canal face...
Top Trading Firms Vow to Help Merchants Sailors Stuck on Ships Due to Coronavirus January 26, 2021 By Jonathan Saul Over 300 leading companies said on Tuesday they would work together to help hundreds of thousands of merchant sailors stuck...
Marine Insurers Set to Raise Rates After Red Sea Attacks on Merchant Ships January 13, 2021 By Jonathan Saul LONDON – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after...
Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters October 27, 2020 By Jonathan Saul When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double...
Middle East Insurers Likely to Absorb Bulk of Losses from Beirut Port Blast: Sources August 14, 2020 By Jonathan Saul and Carolyn Cohn Insurers in the Middle East are expected to absorb a large part of the losses from Beirut’s explosion last week...
Ships Diverted to Tripoli to Keep Lebanon Supply Lines Running After Beirut Port Blast August 6, 2020 By Jonathan Saul Leading container lines are diverting ships to Lebanon’s smaller terminal of Tripoli after the devastating explosion at Beirut’s port that...
U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela July 14, 2020 By Jonathan Saul and Matt Spetalnick Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil...
U.S. Targets Ship Insurers, Maritime Industry to Strengthen Venezuela Sanctions July 13, 2020 By Jonathan Saul and Matt Spetalnick Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil...
Ship Inspectors Conduct Virtual Inspections of Oil Tankers During Pandemic May 27, 2020 By Jonathan Saul Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus pandemic makes physical...
U.S. Issues Maritime Advisory on Sanctions for Ship Owners, Insurers May 15, 2020 By Timothy Gardner, Jonathan Saul and Humeyra Pamuk WASHINGTON/LONDON (Reuters) – The Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of...