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2020 By Jonathan Saul and Matt Spetalnick Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil...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2020 By Jonathan Saul and Matt Spetalnick Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil...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...
How Coronavirus Crisis Has Changed Underwriting at Lloyd’s of London March 30, 2020 By Carolyn Cohn, Noor Zainab Hussain and Jonathan Saul Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts,...
Supply Chain Problems Move from China to U.S. and Other Nations March 23, 2020 By Lisa Baertlein, Jonathan Saul and Sonya Dowsett Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to...
Western Supply Chains Begin to Buckle on Expanding Coronavirus Lockdowns March 23, 2020 By Jonathan Saul, Sonya Dowsett and Lisa Baertlein Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to...
Shipping Industry and Insurers Face Uncertain New Fuel Risks and Rules December 12, 2019 By Jonathan Saul Faced with imminent new global marine pollution rules, shipping companies and insurers are puzzling over the risks. To reduce emissions...