Ocean Marine News
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People Moves: Shankland to Lead Markel Ocean Cargo, US; Verisk Hires Murphy to Lead Sales for Claims Solutions; Kalepa Appoints Howell as Head of Product
Apr 2 2026 // James Shankland Markel said James Shankland has been appointed head of ocean cargo, U.S. He will lead the growth of Markel’s U.S. cargo portfolio, and be responsible for underwriting strategy, portfolio management...
Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing
Mar 11 2026 // A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue to disrupt one of the world’s most critical shipping...
Cargo Ship Hit by Explosive Device off Yemen’s Coast
Sep 30 2025 // A cargo ship was hit by an explosive device near Yemen and caught fire, injuring two seafarers. The Netherlands-flagged Minervagracht, a relatively small general cargo ship, is currently on fire in the Gulf of Aden, its...
Update: Insurers Can’t Ask Punitive Damages in Marine Cargo Contract Dispute
Aug 11 2025 // Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder can be asked to pay punitive damages in a breach-of-contract dispute, a Florida appeals...
Houthi Attacks in Red Sea Sink Two Cargo Ships, Leave Three Dead
Jul 9 2025 // Houthi attacks in the Red Sea left three crew members dead and sank two cargo vessels in a fresh wave of assaults by the Tehran-backed group along the crucial maritime trade route. Liberian-flagged MV Eternity C sank on...
Nuclear-Powered Cargo Ships Promise Cleaner Transport but Could Be Hard to Insure
Jun 18 2025 // The commercial shipping industry is chasing a novel carbon-free propulsion technology as it pursues a lofty climate goal: nuclear power. Shipping accounts for more planet-warming greenhouse gas emissions than Japan. The...
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