Iran Has Likely Begun Laying Mines in Hormuz, UK Minister Says March 12, 2026 By Ellen Milligan and Gerry Doyle It’s becoming increasingly evident that Iran is laying mines in the Strait of Hormuz, according to the UK, as Iran’s...
Oil Tankers Attacked Off Iraq as Middle East Crisis Worsens March 12, 2026 By Yongchang Chin, Salma El Wardany and Alfred Cang Two oil tankers were hit in Iraqi waters, the latest in a string of attacks on ships in the Persian...
Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War March 12, 2026 Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation’s $20 billion Maritime Reinsurance Plan...
Iran Says Oil Blockade Will Continue Until Attacks End; Trump Threatens Heavier Strikes March 10, 2026 By Parisa Hafezi, Enas Alashray and Kanishka Singh Iran’s Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East if U.S....
Ship Clusters and Speeding Tankers Point to Hormuz Jamming March 10, 2026 By Weilun Soon At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic...
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...
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...
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...