EU Proposes to Ban Sale of Tankers to Russia to Curb Growth of Shadow Fleet November 17, 2023 The European Commission is proposing to ban the sale of tankers for crude oil and petroleum products to Russia to...
US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap November 17, 2023 By Daphne Psaledakis and Laura Sanicola The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7’s price...
Yemen’s Houthis Leader Says Group Will Target Israeli Ships in Red Sea November 15, 2023 By Mohammed Alghobari Yemen’s Houthi leader said on Tuesday his forces would make further attacks on Israel and they could target Israeli ships...
Update: Ukraine Launches Grain Insurance Program With Marsh McLennan, Lloyd’s November 15, 2023 By Áine Quinn, Volodymyr Verbianyi and Max Reyes Ukraine is starting an insurance program with broker Marsh McLennan and Lloyd’s of London to provide cover for grain vessels...
Markets/Coverage: QBE Launches Marine Offering for European Customers November 13, 2023 Australian insurer QBE has launched a marine offer that will insure international trade for European customers who want to be...
UN Chief Says It Will Be Difficult to Revive Black Sea Grain Deal November 9, 2023 By Alessandra Galloni United Nations Secretary-General Antonio Guterres told Reuters NEXT on Wednesday that it will be difficult to revive a landmark deal...
Israel’s Ship Industry Urges Government to Help With Soaring War Risk Premiums November 2, 2023 By Jonathan Saul and Ari Rabinovitch Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting industry...
Deadly Explosion off Nigeria Points to Threat From Aging Oil Ships Around the World October 31, 2023 By Helen Wieffering and Grace Ekpu OKITIPUPA, Nigeria (AP) – It was the dead of night when the ship caught fire, Patrick Aganyebi remembers, but the...
Three Baltic Pipe and Cable Incidents ‘Are Related’: Estonia October 27, 2023 By Andrius Sytas and Anne Kauranen The three incidents that resulted in damage to a gas pipeline and two telecom cables between Estonia, Finland and Sweden...
Probe of Damaged Baltic Sea Pipeline, Telecoms Cable Focuses on Chinese-Owned Ship October 26, 2023 By Andrius Sytas Estonia’s investigation into a damaged Baltic Sea telecoms cable will focus on the actions of a Chinese-owned vessel, the country’s...