Greek Tanker Manager Denies Connection to Oil Leak Tarring Brazil’s Beaches November 4, 2019 The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s...
Marsh JLT Specialty Taps Nevill from Gard (UK) as CEO, UK Marine & Cargo October 28, 2019 Insurance broker Marsh announced the appointment of Louise Nevill as chief executive officer for Marsh JLT Specialty’s UK Marine &...
Russia Aims to Boost Arctic Shipping by Subsidizing Higher Costs, Including Insurance October 21, 2019 By Olga Tanas and Dina Khrennikova Russia wants to make its Arctic waters more attractive to shippers than the Suez Canal and could be willing to...
Iranian Oil Tanker Struck, Probably by Missiles: Iran Media October 11, 2019 By Parisa Hafezi and Sylvia Westall An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi Arabia’s coast on Friday, Iranian...
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...