Marsh, Aon in Talks With US on Insuring Tankers in Hormuz March 5, 2026 By Leonard Kehnscherper and Alexandre Rajbhandari Marsh and Aon Plc, two of the world’s largest insurance brokers, are in talks with the US government on a...
Small Container Ship Abandoned After Being Hit in Hormuz March 4, 2026 By Alex Longley, Weilun Soon and Anthony Di Paola A container vessel was abandoned after being hit while transiting the Strait of Hormuz, a UK naval group said, as...
Gulf Shipping Crisis Deepens as Tankers Stranded for Fifth Day, US Sinks Iranian Warship March 4, 2026 By Yousef Saba, Jonathan Saul and Anna Hirtenstein The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis...
NATO Shoots Down Iranian Ballistic Missile Headed for Turkey March 4, 2026 By Selcan Hacaoglu and Firat Kozok The North Atlantic Treaty Organization on Wednesday shot down a ballistic missile fired from Iran and headed toward Turkish airspace,...
Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say March 4, 2026 By Weilun Soon, Ruth Liao and Serene Cheong President Donald Trump says the US will ensure the free flow of energy through the Persian Gulf with insurance guarantees...
Trump Orders Oil Tanker Insurance Support, Says Navy Could Escort Ships in Gulf March 4, 2026 By Jarrett Renshaw and Timothy Gardner The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on...
London Marine Insurers Widen High-Risk Zone in Mideast Gulf as Conflict Escalates March 3, 2026 London’s marine insurance market has widened the area in the Gulf it deems as high risk as the conflict in...
‘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”...
Iran Conflict Disrupts Global Shipping as Tankers Are Stranded, Damaged March 3, 2026 By Jonathan Saul, Emily Chow and Jeslyn Lerh Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts...
Waiting for Hormuz, More Oil Tankers Gather in the Persian Gulf March 2, 2026 By Weilun Soon Dozens of laden oil tankers are hunkering down inside the Persian Gulf after attacks near the Strait of Hormuz have...