Leading Marine Re/Insurers Join Push to Decarbonize Global Shipping December 15, 2021 Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon...
Filhet-Allard Maritime Buys Majority Stake in Marine Specialist Latitude Brokers December 8, 2021 Filhet-Allard Maritime, the France-based insurance broker for the commodities trading, shipping and industrial markets, has acquired a controlling stake in...
AGCS, Insurtech Visicover Launch Marine Insurance Service for UK Leisure Vessel Owners December 7, 2021 Allianz Global Corporate & Specialty (AGCS), Allianz’ entity for large-scale corporate and specialty risks, announced the launch of an online...
Willis Towers Watson Launches Industry Risk Forum for Ports and Terminals December 2, 2021 Insurance broker Willis Towers Watson announced the launch of a dedicated risk forum for the ports and terminals industry. With...
European Insurers Wary of Rising Threat of Sanctions Against Nord Stream 2 Pipeline December 2, 2021 By Carolyn Cohn and Kirstin Ridley A simmering threat of sanctions against the operator of the $11 billion Nord Stream 2 pipeline risks shutting off cover...
Fertilizer-Maker Yara to Debut World’s 1st Autonomous Electric Container Ship November 22, 2021 By Victoria Klesty OSLO – The world’s first fully electric and self-steering container ship, owned by fertilizer maker Yara, is preparing to navigate...
Shipowners Make Payments to Free Vessels Detained by Indonesian Navy: Sources November 16, 2021 By Joe Brock SINGAPORE – More than a dozen shipowners have made payments of about $300,000 apiece to release vessels detained by the...
Shipping Firms in Crosshairs as Investors, Insurers Shun Coal November 12, 2021 By Jonathan Saul Shipping companies that transport the world’s coal are in the crosshairs of some financial backers who are cleaning up their...
People Moves: Markel CATCO’s Moore and Aon’s Boon Join Lockton Re; Fidelis Names Lancashire’s Russell as Head of Marine November 5, 2021 Lockton Re Hires Moore, Boon for Non-Marine Retrocession, Property Specialty Lockton Re, the global reinsurance business of the largest privately...
Vietnam Negotiates With Iran for Release of Seized Oil Tanker November 5, 2021 By Hau Dinh HANOI, Vietnam (AP) – Vietnam was seeking more information Thursday about a Vietnamese oil tanker that was seized at gunpoint...