Howden Acquires French Marine Insurance Broker Seasecure Group October 5, 2022 Howden, the London-based insurance broker, announced it has acquired Seasecure Group, the last remaining independent marine broker in France. Seasecure...
Insurers Ask Court in New York to Seize, Sell Vessel to Pay $39M in Cargo Losses September 29, 2022 By Andrew G. Simpson More than 30 insurers that have paid an estimated $39 million in lost cargo claims, along with cargo owners without...
EU Weighs Ban on Shipping Russian Oil as Part of Price Cap September 28, 2022 By Alberto Nardelli and Ewa Krukowska The European Union is considering adding shipping restrictions to its oil sanctions as the bloc continues to discuss the introduction...
Deadly Sinking of New England Fishing Vessel Prompts Call for Inspections, Locator Beacons September 16, 2022 By Patrick Whittle and David Sharp PORTLAND, Maine (AP) —A fishing vessel that sank in New England, resulting in the loss of all four fishermen, likely...
Greek-Managed Vessel Shipped Coal From Russia Despite EU Sanctions September 15, 2022 By Áine Quinn and Alberto Nardelli A vessel managed by a company based in Greece transported coal from a port in Russia late last month, after...
G7’s Price Cap on Russia Oil Takes Shape but Will Russia Sidestep Insurance Rules? September 12, 2022 By Timothy Gardner The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s...
Indian Ocean Off Coast of Somalia to Lose ‘High-Risk Area’ Designation as Piracy Drops August 25, 2022 By Mohamed Sheikh Nor and Simon Marks The global shipping industry agreed to declassify the Indian Ocean coastline off Somalia as a “high-risk area” following years of...
Lloyd’s Insurer Ascot, Marsh Provide Coverage for Grain Ship Sailing From Ukraine August 23, 2022 By Noor Zainab Hussain Broker Marsh and Lloyd’s of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain...
Japanese Chemical Tanker Crashes Into Cargo Ship off Coast of Japan August 22, 2022 By Yuri Kageyama A Japanese chemical tanker ship crashed into a cargo ship off the coast of southwestern Japan, the coast guard said...
Insurers Get Safety Assurances for Ships Exporting Ukraine Grain Through Black Sea August 9, 2022 By Jonathan Saul and Michelle Nichols Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile buffer zone, according to...