UAE to Tighten Insurance Cover for Ships Flying its Flag June 6, 2023 By Jonathan Saul The United Arab Emirates is tightening insurance requirements for vessels registered under its flag, according to a government advisory, amid...
Reuters: Lloyd’s Register Drops Ships of Top Indian Carrier of Russian Oil May 26, 2023 By Jonathan Saul and Nidhi Verma Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine...
US, UK, Others Seek to Target Illicit Oil Shipping Transfers at Sea May 18, 2023 By Jonathan Saul The U.S., UK, Denmark and other countries have called for more action, including increased surveillance, over the booming practice of...
Western Curbs on Russian Oil Products Redraw Global Energy Shipping Patterns April 6, 2023 By Mohi Narayan and Jonathan Saul Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and...
German Insurers Renew Cover for Blast-Damaged Nord Stream 1 Gas Pipeline April 4, 2023 By Jonathan Saul, Carolyn Cohn, Christoph Steitz and John O'Donnell German insurers Allianz and Munich Re have renewed cover for the damaged Russia-controlled Nord Stream 1 gas pipeline, five sources...
Insurers Continue to Cover Ukraine Grain Corridor Shipments, for Now: Lloyd’s Chairman March 24, 2023 By Jonathan Saul Insurers continue to cover grain shipments from Ukraine through a U.N.-backed corridor although more clarity will be required soon, a...
Oil Spills and Near Misses: Growing Numbers of Ghost Tankers Ship Sanctioned Fuel March 23, 2023 By Jonathan Saul An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught in a collision near...
Insurers to Pay Bangladesh Shipping Corp. $22.48M for Vessel Hit by Missile in Ukraine March 1, 2023 By Ruma Paul and Jonathan Saul Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a...
Insurers Face $500M in Claims for Ships Stuck in Ukraine – a Year After Start of War February 24, 2023 By Jonathan Saul Insurers are facing half a billion dollars in claims for up to 60 commercial ships still stuck in Ukraine a...
Major Aviation Insurer AXA Pulls Back on War Coverage After Ukraine Losses: Reuters January 19, 2023 By Carolyn Cohn, Jonathan Saul and Noor Zainab Hussain The commercial arm of French insurer AXA is reducing cover offered to aviation companies as it seeks to protect the...