What a Dark Fleet Tanker Looks Like: 23 Defects, Eight Different Names May 31, 2023 By Alex Longley A giant oil tanker that was detained in China failed its safety inspection on more than 20 counts, spotlighting the...
Burning Oil Tanker off Malaysia Rings Alarm Bells About Shadow Fleet May 2, 2023 By Ann Koh Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a...
Rising Oil Prices Complicate Russian Price Cap Checks for Insurers April 28, 2023 By Alex Longley Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if...
Ship Insurers Warn of Russian Oil Price Cap Evasion, Risks of Growing ‘Dark Fleet’ April 27, 2023 By Jeslyn Lerh and Muyu Xu A rise in spot prices for Russian crude oil to above the $60 per barrel cap imposed by western powers...
UN Maritime Agency Raises Safety Concerns About Shadow Oil Tanker Fleet April 3, 2023 By Alaric Nightingale and Thomas Gualtieri A United Nations agency that oversees shipping raised concerns about the shadow fleet of tankers that has emerged to transport...
Global Shipping Industry Pushes to Rescue Seafarers Trapped in Ukraine May 2, 2022 By Jonathan Saul Just under 500 seafarers remain stuck onboard 109 ships at Ukrainian ports – skeleton crews who were left on board...
Global Shipping Industry Faces Growing Pressure to Cut Greenhouse Gas Emissions December 28, 2021 By Jonathan Saul Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the...
Leading Marine Re/Insurers Join Push to Decarbonize Global Shipping December 15, 2021 Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon...
Large Shipping Losses in 2018 Drop to Lowest Level this Century but New Risks Emerge June 4, 2019 Large shipping losses declined by more than 50% in 2018 from the previous year – their lowest level this century,...
Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover May 20, 2019 By Jonathan Saul Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil...