Freight Rates for Grain Exports via New Black Sea Corridor Fall Sharply, Ukraine Says October 2, 2023 By Pavel Polityuk A new corridor allowing cargo vessels to carry Ukrainian grain and iron ore from Black Sea ports has significantly lowered...
Ship Insurance Facility Set Up for Ukraine Grain Exports, Broker Miller Says September 27, 2023 A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has been set up in conjunction...
Maritime Industry Eyes Nuclear Power for Ships as Tech Advances; Insurers Are Wary September 21, 2023 By Jonathan Saul The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in technology open...
Viewpoint: A New Risk Landscape Emerges for Global Maritime Industry September 21, 2023 By Dorothea Ioannou Executive Summary: The International Group of P&I Clubs offers a unique lens into the intricate web of maritime risk that...
Stranded Cruise Ship Shows Risks of More Traffic in Hard-to-Reach Arctic Waters September 14, 2023 By Danielle Bochove and Ragnhildur Sigurdardottir The grounding of a luxury cruise ship off the coast of Greenland on Monday highlighted the irony of touring the...
Howden’s Aston Lark Acquires UK Broker Curtis Marine August 29, 2023 Aston Lark, a Howden company, announced it has acquired Plymouth, UK-based marine insurance broker, Curtis Marine. Financial details of the...
Hundreds of P&O Cruise Passengers Flown Home After Tanker Crash August 29, 2023 By Linda Lew Hundreds of passengers on a P&O cruise ship that crashed into an oil tanker during a storm in Spain have...
Ukraine Says Second Ship to Sail From Odesa Reaches Romania August 28, 2023 By Aliaksandr Kudrytski A Liberian-flagged bulk carrier that was the second ship to sail from Odesa since Russia quit the Black Sea safe-transit...
P&O Cruise Ship Crashes Into Oil Tanker, Injuring Passengers August 28, 2023 By Linda Lew A P&O cruise ship with thousands of passengers on board collided with an oil tanker off the coast of Palma...
Insurers Raise Premiums for Black Sea Oil Tankers as Tensions Mount: Traders August 23, 2023 Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known...