Indonesia Seizes Iranian-Flagged Tanker Suspected of Illegal Oil Transfer July 11, 2023 By Stefanno Sulaiman and Fransiska Nangoy Indonesia’s coast guard said on Tuesday it seized an Iranian-flagged supertanker suspected of involvement in the illegal transshipment of crude...
Russia-Linked Oil Tanker Fleet Vanishes Even Faster Than It Grew July 11, 2023 By Julian Lee and Alex Longley A fleet of tankers that sprouted up out of nowhere to keep Russia’s oil moving has disbanded even faster than...
Two New Jersey Firefighters Died Battling Fire on Cargo Ship Carrying 5,000 Cars July 7, 2023 Two firefighters were killed battling a blaze that began when cars caught fire deep inside a cargo ship carrying 5,000...
As Ukraine Grain Deadline Approaches, Pact Is Already Nearly Broken July 7, 2023 By Megan Durisin and Áine Quinn Global leaders are racing to salvage an international deal to allow Ukraine’s grain shipments by sea before it expires in...
Russia’s Aging, Dark Fleet of Oil Tankers Gets Infusion of Newer Ships July 3, 2023 By Alex Longley and Serene Cheong An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a months-long trend of...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re June 28, 2023 By L.S. Howard Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to...
Howden Acquires German Marine Broker Northern Lloyd June 16, 2023 Howden, the London-based insurance broker, announced it has strengthened its marine offering in Europe with the acquisition of Bremen-based broker...
UN Secures Insurance Coverage to Salvage Rusting Oil Tanker off Coast of Yemen June 14, 2023 By Samy Magdy The United Nations Development Programme (UNDP) announced the successful binding of insurance coverage for the mission coordinated by the United...
The Dangerous $140M Mission to Defuse an Oil Tanker Ready to Explode June 14, 2023 An operation is finally underway to transfer the oil from a stricken tanker off the coast of Yemen that maritime...
Russia Remains Dissatisfied With Black Sea Grain Deal After UN Talks June 12, 2023 Russia is still not satisfied with how a Black Sea grain deal is being implemented, Deputy Foreign Minister Sergei Vershinin...