Black Sea War Risk Insurance Soars 250% After Ship Attacks December 3, 2025 By Alex Longley, Leonard Kehnscherper and Irina Vilcu Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on...
Yet Another Russia-Linked Tanker Gets Attacked in the Black Sea December 2, 2025 By Patrick Sykes and Firat Kozok A fourth Russia-connected tanker in under a week was attacked on Tuesday, a sharp uptick in strikes on Moscow-associated shipping...
Black Sea Shipping Insurance Rates Rise After Ukraine Attacks on Tankers, Sources Say December 2, 2025 By Jonathan Saul The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading...
Indonesia Seizes 8 Containers of Imported Zinc Powder Contaminated With Caesium-137 November 24, 2025 Indonesia has seized eight containers of imported zinc powder found to be contaminated with radioactive caesium-137, an official said on...
Rising Pirate Attacks off Somalia Endanger Key Trade Route November 12, 2025 By David Herbling Instability in Yemen and the Horn of Africa is fueling a resurgence in maritime piracy off Somalia, a cause for...
EU Warship Secures Tanker Crew Following Somali Pirate Attack November 10, 2025 By Renee Maltezou and Jonathan Saul An EU warship secured the crew of an oil products tanker on Friday after it was attacked by pirates off...
Anchored in Maritime Roots, the Cayman Islands Set Sail for Reinsurance Opportunities November 6, 2025 By Elizabeth Blosfield The Cayman Islands have a story familiar to many in insurance—entering the industry unexpectedly from somewhere else. In fact, the...
Assailants Attack Tanker off Somalia in Suspected Pirate Strike November 4, 2025 Armed assailants attacked a commercial tanker off the coast of Mogadishu on Monday, firing at the vessel after attempting to...
Ship With Radioactive Zinc Dust Stuck Near Philippine Port, Official Says October 30, 2025 By Manolo Serapio Jr. A ship with 23 containers of radioactive zinc dust is stuck off the coast in the Philippines, unable to unload...
Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing October 28, 2025 By Paul Carsten, Lucy Craymer, Gleb Stolyarov and Anna Hirtenstein Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned...