Ocean Marine News
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Ship Insurers Set for Major Claims From Iran War, Allianz Says
Jun 24 2026 // The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE. The company said in its annual safety and shipping review that it had already received such...
People Moves: The Hartford Names Ilias Head of US Ocean Marine
May 29 2026 // Allan Ilias The Hartford has named Allan Ilias as head of Ocean Marine, U.S., and global practice leader, effective June 1. Ilias replaces Tony Plutino, who is retiring. He will report to Rick Ciullo, The Hartford’s...
People Moves: Shankland to Lead Markel Ocean Cargo, US; Verisk Hires Murphy to Lead Sales for Claims Solutions; Kalepa Appoints Howell as Head of Product
Apr 2 2026 // James Shankland Markel said James Shankland has been appointed head of ocean cargo, U.S. He will lead the growth of Markel’s U.S. cargo portfolio, and be responsible for underwriting strategy, portfolio management...
Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing
Mar 11 2026 // A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue to disrupt one of the world’s most critical shipping...
Cargo Ship Hit by Explosive Device off Yemen’s Coast
Sep 30 2025 // A cargo ship was hit by an explosive device near Yemen and caught fire, injuring two seafarers. The Netherlands-flagged Minervagracht, a relatively small general cargo ship, is currently on fire in the Gulf of Aden, its...
Update: Insurers Can’t Ask Punitive Damages in Marine Cargo Contract Dispute
Aug 11 2025 // Despite allegations of fraud and padding of premiums, neither a Miami-based cargo insurance broker nor a Lloyd’s coverholder can be asked to pay punitive damages in a breach-of-contract dispute, a Florida appeals...
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