Shadow-Fleet Oil Tanker That Crashed Had Void Western Insurance April 29, 2024 A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents that weren’t valid, a...
Russia Reinsurer Backs Domestic Carriers to Get Indian Marine Insurance Permits April 26, 2024 By Nidhi Verma Russia’s state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide...
Ship Owner in Bridge Collapse Seeks to Limit Its Liability April 2, 2024 By Ethan M Steinberg and Chris Dolmetsch The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the...
Other Major US Bridge Collapses Caused by Ships and Barges April 1, 2024 A container ship struck a major bridge in Baltimore early Tuesday, [March 26] causing it to plunge into the river...
Baltimore Bridge May Trigger Historic Marine Loss, Lloyd’s of London Says March 28, 2024 By Laura Benitez Insurance payouts for Tuesday’s collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in...
Titanic Law Helps Ship Owner Limit Bridge Collapse Liability March 27, 2024 By Ethan M Steinberg, Chris Dolmetsch and Matthew Griffin The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage...
Nine Dead After South Korean-Flagged Vessel Capsizes off Japan, South Korea Says March 21, 2024 At least nine people were killed when a South Korean-flagged vessel capsized off Japan, South Korea’s foreign ministry said on...
Tanker Capsizes off Coast of Japan, Seven Deaths Confirmed: Media Reports March 20, 2024 A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with seven deaths confirmed,...
Volkswagen Faces Pair of Lawsuits Over Claim Porsche EV Battery Sparked Ship Fire March 5, 2024 Volkswagen AG faces a pair of lawsuits in Germany over claims it was the battery in a Porsche electric vehicle...
Damaged Subsea Cable in Red Sea Highlights Telecom Vulnerability February 27, 2024 By Olivia Solon A subsea cable off the coast of Yemen that connects Europe to India has been damaged, and the telecommunications carrier...