Fire-Gutted Container Ship Raises Oil Spill Concerns for Sri Lanka June 3, 2021 By Anusha Ondaatjie and Asantha Sirimanne Salvors and authorities are watching for any leaking of fuel after halting efforts to tow a fire-gutted container vessel away...
People Moves: Aon’s Bonner to TigerRisk; Trivitt Promoted at AXIS, RSA’s Birre Julvécourt to BHSI in France June 2, 2021 This wrap-up of international People Moves details recent appointments at TigerRisk Partners (which is launching a global trade credit, surety...
India Oil Giant Under Fire for Offshore Disaster During Cyclone Tauktae May 28, 2021 By Debjit Chakraborty When India’s weather office sent out cyclone warnings on May 13 and most vessels moved to safety, one barge working...
Suez Canal Blames Container Ship’s Grounding on Its High Speed, Size of Rudder May 28, 2021 By Aidan Lewis ISMAILIA, Egypt – The container ship that got stuck in the Suez Canal in March was struggling to steer because...
Suez Canal Authority Is Open to Further Talks with Owners of Seized Container Ship May 27, 2021 By Ashok Sharma and Julhas Alam CAIRO – The Suez Canal Authority (SCA) said on Tuesday it was still open to negotiating with the owners of...
Egypt Court Rejects Appeal to Release Giant Container Ship Seized by Suez Authority May 24, 2021 By Salma El Wardany and Mirette Magdy An Egyptian court rejected an appeal by the owner of a giant container ship that blocked the Suez Canal to...
India Continues Rescue Operations After Powerful Cyclone Tauktae Batters Region May 19, 2021 By Summit Khanna and Aishwarya Nair AHMEDABAD/MUMBAI – Naval vessels and aircraft scoured the waters off India’s west coast late on Wednesday after the most powerful...
Cyclone Sinks Barge Operated by India’s Oil & Natural Gas Corp., Hundreds Rescued May 18, 2021 By Sudhi Ranjan Sen and Debjit Chakraborty A cyclone barreling through India’s west coast sank a barge hired by state-run explorer Oil & Natural Gas Corp. prompting...
Danish Lawmakers Eye New Probe of 1990 Ferry Disaster, with Insurance Focus May 14, 2021 COPENHAGEN, Denmark – Danish lawmakers agreed Wednesday to set up a task force to look into a 1990 ferry fire...
Insurer UK Club Says Suez Canal Ship’s Reduced Claim Is Still Too Big May 10, 2021 CAIRO – UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday...