US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow March 9, 2026 By Joe Deaux and Loukia Gyftopoulou The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic...
World’s Farmers See Fertilizer Price Surge as Iran War Blocks Exports March 6, 2026 By Naveen Thukral and Ed White The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling...
Maritime Insurance Premiums Surge as Iran Conflict Widens March 6, 2026 By Noor Zainab Hussain and Manya Saini As the conflict in the Gulf widens, maritime insurance premiums for war coverage are surging — in some cases by...
Reinsurers Triple Ship Insurance Costs After US Torpedo Attack March 6, 2026 By Mihir Mishra and Saikat Das London-based reinsurers of ships are canceling their coverage of war risk and demanding 200% more to reinstate policies, according to...
‘Black Swan’ Risks Stalk Container Carriers in Avoiding Iran War March 3, 2026 By Laura Curtis The Iran conflict has thrust container shipping from an industry bracing for a capacity glut to another potential “black swan”...
Russian Captain Jailed Over Crew Member’s Death in US Tanker Crash February 5, 2026 The captain of a container ship that crashed into a U.S. tanker off Britain’s east coast last year was jailed...
Russian Captain Found Guilty Over Crew Member’s Death in US Tanker Crash February 3, 2026 By Sam Tobin The Russian captain of a container ship that crashed into a U.S. tanker off the east coast of Britain in...
EV-Carrying Ship Sinks in Pacific Ocean After Catching Fire June 24, 2025 By Alex Longley A ship that caught fire in the Pacific Ocean earlier this month has sunk. The vessel was abandoned in the...
Small Plastic Pellets Wash Up on UK Shores After Ship Explosions March 18, 2025 By Alex Longley Small plastic pellets washed up on the east coast of the UK, a week after two ships collided in the...
North Sea Ship Collision Could Cost Insurers Up to $100M, Hitting Marine Line’s Profits March 13, 2025 By L.S. Howard The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea...