Afore Acquires Virginia’s Resolve Insurance Group December 8, 2025 Afore Insurance Services said it has acquired Resolve Insurance Group, an independent insurance agency headquartered in Virginia Beach, Virginia that...
EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap December 8, 2025 By Julia Payne, Jonathan Saul and Maria Cheng The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil...
Putin Warns of Possible Strikes on Ukrainian Allies’ Ships December 4, 2025 By Bloomberg News Vladimir Putin warned that Russia may consider striking the ships of countries supporting Ukraine if a surge in attacks on...
Black Sea War Risk Insurance Soars 250% After Ship Attacks December 3, 2025 By Alex Longley, Leonard Kehnscherper and Irina Vilcu Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on...
Yet Another Russia-Linked Tanker Gets Attacked in the Black Sea December 2, 2025 By Patrick Sykes and Firat Kozok A fourth Russia-connected tanker in under a week was attacked on Tuesday, a sharp uptick in strikes on Moscow-associated shipping...
Black Sea Shipping Insurance Rates Rise After Ukraine Attacks on Tankers, Sources Say December 2, 2025 By Jonathan Saul The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading...
Indonesia Seizes 8 Containers of Imported Zinc Powder Contaminated With Caesium-137 November 24, 2025 Indonesia has seized eight containers of imported zinc powder found to be contaminated with radioactive caesium-137, an official said on...
Rising Pirate Attacks off Somalia Endanger Key Trade Route November 12, 2025 By David Herbling Instability in Yemen and the Horn of Africa is fueling a resurgence in maritime piracy off Somalia, a cause for...
EU Warship Secures Tanker Crew Following Somali Pirate Attack November 10, 2025 By Renee Maltezou and Jonathan Saul An EU warship secured the crew of an oil products tanker on Friday after it was attacked by pirates off...
Anchored in Maritime Roots, the Cayman Islands Set Sail for Reinsurance Opportunities November 6, 2025 By Elizabeth Blosfield The Cayman Islands have a story familiar to many in insurance—entering the industry unexpectedly from somewhere else. In fact, the...