Titanic Law Helps Ship Owner Limit Bridge Collapse Liability March 27, 2024 By Ethan M Steinberg, Chris Dolmetsch and Matthew Griffin The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage...
Nine Dead After South Korean-Flagged Vessel Capsizes off Japan, South Korea Says March 21, 2024 At least nine people were killed when a South Korean-flagged vessel capsized off Japan, South Korea’s foreign ministry said on...
Tanker Capsizes off Coast of Japan, Seven Deaths Confirmed: Media Reports March 20, 2024 A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with seven deaths confirmed,...
Volkswagen Faces Pair of Lawsuits Over Claim Porsche EV Battery Sparked Ship Fire March 5, 2024 Volkswagen AG faces a pair of lawsuits in Germany over claims it was the battery in a Porsche electric vehicle...
China Cargo Ship Smashes Through Bridge Sending Vehicles Into River: Reports February 22, 2024 By Bloomberg News A cargo ship slammed into a bridge in southern China, sending several vehicles tumbling into a river. Two people died...
Markets/Coverages: Loadsure Launches Motor Truck Cargo Insurance February 13, 2024 Loadsure, the London-based insurtech MGA, announced the launch of motor truck cargo insurance, a data-powered insurance product, purpose-built for the...
Russia Oil Tankers Are Doing Strange Things Since Ramp Up of US Sanctions January 8, 2024 By Sherry Su and Julian Lee There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in...
Because ‘Location’ Is Ambiguous in Marine Cargo Policy, Travelers Must Pay Fire Loss January 8, 2024 A New York-based apparel company is entitled to its claim for the full $600,000 limit on its marine cargo insurance...
Shadow-Fleet Oil Tanker Insurer Gets Shut Down by Marshall Islands December 19, 2023 By Alaric Nightingale A company that offers insurance to the burgeoning shadow fleet of oil tankers — including one that ran aground off...
Shadow-Fleet Oil Tanker Runs Aground Near Singapore December 8, 2023 By Bloomberg News A shadow-fleet oil tanker that had previously falsified its location to avoid detection on digital ship-tracking systems ran aground near...