Greek Shipowner Torched His Tanker in $77 Million Insurance Fraud: London Judge October 9, 2019 By Franz Wild and Kit Chellel A Greek shipowner orchestrated a plan for men posing as pirates to attack and set fire to his tanker, in...
Frontline Expects Oil Tanker’s Return to Service in Q4, After June Gulf Attack August 27, 2019 An oil tanker that was set ablaze by a blast near the Strait of Hormuz in June will be back...
German Bank Seeks to Seize Ships for Breach of Iran Sanctions August 6, 2019 By Saket Sundria, Serene Cheong and Dan Murtaugh Reports alleging that fuel tankers appeared to breach U.S. sanctions against Iran were cited in court filings by a bank...
While Ships in Persian Gulf Turn Off Transponders to Avoid Seizure, Collision Risks Rise August 2, 2019 By L.S. Howard Following weeks of mounting tensions in the Persian Gulf where vessels have been attacked and an oil tanker has been...
Oil Tankers Cut Navigation Risks in Strait of Hormuz by Vanishing from Tracking Systems August 1, 2019 By Brian Wingfield and Julian Lee Oil tanker owners are finding a way to reduce the risks of navigating the Strait of Hormuz, the world’s most...
Hiscox Offers New Security Product for Ships Seized by Nation States July 24, 2019 Specialist insurer Hiscox has developed a new security product designed to help protect shipping targeted by nation states. Called “Malicious...
Paris Court Rejects Compensation Claim from 1994 Estonian Ferry Disaster July 22, 2019 A Paris court rejected a compensation claim Friday related to the 1994 sinking of an Estonian ferry, which remains one...
Shipping Firms Begin Hiring Unarmed Guards for Voyages in Middle East Gulf July 17, 2019 By Jonathan Saul Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard after a...
Panama to Withdraw Flags from More Vessels that Violate Iran Sanctions: Reuters July 15, 2019 By Marianna Parraga and Elida Moreno Panama will withdraw its flag from more vessels that violate sanctions and international legislation, the country’s maritime authority told Reuters,...
UK Navy Stops Iran from Blocking BP Oil Tanker Leaving Persian Gulf July 11, 2019 By Tim Ross and Anthony DiPaola The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just...