Marsh Sees Hike in Demand for Political Violence Insurance in Gulf After Tanker Attacks January 22, 2020 By Davide Barbuscia Marsh, one of the world’s largest insurance brokers and risk advisers, has seen a spike in clients’ inquiries for political...
Greek Tanker Manager Denies Connection to Oil Leak Tarring Brazil’s Beaches November 4, 2019 The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s...
Iranian Oil Tanker Struck, Probably by Missiles: Iran Media October 11, 2019 By Parisa Hafezi and Sylvia Westall An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi Arabia’s coast on Friday, Iranian...
Frontline Expects Oil Tanker’s Return to Service in Q4, After June Gulf Attack August 27, 2019 An oil tanker that was set ablaze by a blast near the Strait of Hormuz in June will be back...
While Ships in Persian Gulf Turn Off Transponders to Avoid Seizure, Collision Risks Rise August 2, 2019 By L.S. Howard Following weeks of mounting tensions in the Persian Gulf where vessels have been attacked and an oil tanker has been...
Oil Tankers Cut Navigation Risks in Strait of Hormuz by Vanishing from Tracking Systems August 1, 2019 By Brian Wingfield and Julian Lee Oil tanker owners are finding a way to reduce the risks of navigating the Strait of Hormuz, the world’s most...
Shipping Firms Begin Hiring Unarmed Guards for Voyages in Middle East Gulf July 17, 2019 By Jonathan Saul Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard after a...
Panama to Withdraw Flags from More Vessels that Violate Iran Sanctions: Reuters July 15, 2019 By Marianna Parraga and Elida Moreno Panama will withdraw its flag from more vessels that violate sanctions and international legislation, the country’s maritime authority told Reuters,...
UK Navy Stops Iran from Blocking BP Oil Tanker Leaving Persian Gulf July 11, 2019 By Tim Ross and Anthony DiPaola The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just...
Insurance for Middle East Oil Shipments Soars to More Than $500,000 June 25, 2019 By Sheela Tobben The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a...