The Barbados-flagged True Confidence bulk carrier was hit by a missile on Wednesday 50 nautical miles southwest of Yemen’s Aden,...
protection and indemnity (P&I) News
Houthi militants attacked and damaged a Swiss-owned container vessel on Monday in the Gulf of Aden, as the Iran-backed group...
The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar...
Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility –...
Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with...
Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian...
Executive Summary: The International Group of P&I Clubs offers a unique lens into the intricate web of maritime risk that...
Tougher requirements for some ship insurers covering United Arab Emirates ships are aimed at boosting environmental safety, the UAE state...
An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul...
Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according...