Fires Spotted on Red Sea Tanker Drifting With Oil on Board August 23, 2024 By Alex Longley and Jacob Reid The UK Navy said that three fires have been observed on a ship attacked in the Red Sea earlier this...
Complex Salvage Operations Begin as Last Body Is Recovered From Wrecked Superyacht August 23, 2024 By Giselda Vagnoni and Guglielmo Mangiapane Italian divers have retrieved the body of British tech magnate Mike Lynch’s18-year-old daughter, Hannah, who was the last person still...
Tornado-Like Waterspouts Are ‘More Likely’ as the Mediterranean Warms August 23, 2024 By Eamon Farhat and Jack Wittels The type of weather phenomenon that may have led billionaire Mike Lynch’s yacht to sink in the Mediterranean this week...
London-Based Ship Registry Helps Russia Oil Tankers Keep Running August 23, 2024 By Julian Lee and Alex Longley Three oil tankers that are under British sanctions for transporting Russian petroleum are sailing under the flag of a nation...
Markets/Coverages: Ascot Launches Capital Mgmt Platform for 3rd-Party Capital Biz August 23, 2024 Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the launch of a unified capital management platform, Leadline Capital...
Update: Greece Battles Wildfires While Storm Lilian Crosses UK August 23, 2024 By Paul Tugwell, Eamon Akil Farhat and Joao Lima Greek wildfire risks increased as temperatures climb and near gale force winds blow across the Aegean Sea, while Storm Lilian...
Ping An Profit Rises Nearly 7% as Market Recovery Bolsters Returns August 23, 2024 By Bloomberg News Ping An Insurance (Group) Co. said profit rose nearly 7% in the first half, after a stock-market recovery helped bolster...
Hiscox Confirms Chairman Bloomer Died During Yacht Accident Off Coast of Sicily August 22, 2024 Hiscox Ltd. issued a statement confirming that the insurer’s chair, Jonathan Bloomer, and Bloomer’s wife, Judy, died in the tragic...
Crew Evacuated From Houthi-Stricken Oil Tanker in Red Sea August 22, 2024 By Alex Longley and Serene Cheong The crew of a ship that suffered several attacks in the Red Sea has been evacuated with naval support. Delta...
Why the Canadian Freight Rail Halt Will Roil North American Supply Chains August 22, 2024 By David Ljunggren Canada’s two main freight rail companies locked out around 10,000 of their Canadian unionized workers early on Thursday, starting an...