Houthis Warn Shipowners in New Phase of Red Sea Campaign: Prepare to Be Attacked October 3, 2024 By Renee Maltezou and Jonathan Saul On a warm spring night in Athens, shortly before midnight, a senior executive at a Greek shipping company noticed an...
Taiwan Rescues All Crew Members on Stricken Ship as Super Typhoon Nears October 2, 2024 By Cindy Wang and Miaojung Lin Taiwan authorities completed the dramatic helicopter rescue of 19 crew members on a stricken ship, which foundered as Super Typhoon...
Explosive-Packed Drone Boat Slams Into Oil Tanker in Red Sea October 1, 2024 By Salma El Wardany An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli...
Russia’s Oil Tanker Firm Sovcomflot Says G-7 Sanctions Make Oil Trade Less Safe September 20, 2024 By Bloomberg News Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only...
Russian Insurers Play Growing Role in Facilitating Oil Exports to Top Buyer India September 18, 2024 By Nidhi Verma and Gleb Stolyarov Russian insurers are playing a growing role facilitating the country’s oil shipments to India, its biggest buyer, data obtained from...
Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk September 18, 2024 By Alex Longley Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers...
EU Navy Starts Towing Stricken Red Sea Oil Tanker Hit by Houthis September 16, 2024 By Paul Wallace The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red...
Burning Houthi-Hit Oil Tanker Set for Fresh Rescue Effort September 13, 2024 By Alex Longley Specialist salvage teams are set to renew efforts to remove a blazing oil tanker that’s been stuck in the Red...
Salvage of Stricken Oil Tanker in Red Sea Expected in Coming Days, Sources Say August 30, 2024 By Renee Maltezou A salvage operation to recover a Greek registered oil tanker stranded in the Red Sea after an attack by Houthi...
Sunken Superyacht Likely to Cost Insurers at Least $150 Million, Experts Say August 30, 2024 By Noor Zainab Hussain and Carolyn Cohn Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on...