Stranded Cruise Ship Shows Risks of More Traffic in Hard-to-Reach Arctic Waters September 14, 2023 By Danielle Bochove and Ragnhildur Sigurdardottir The grounding of a luxury cruise ship off the coast of Greenland on Monday highlighted the irony of touring the...
Shippers Warned to Stay Away From Iranian Waters as US-Iran Tensions Run High August 14, 2023 By Jon Gambrell Western-backed maritime forces in the Middle East on Saturday warned shippers traveling through the strategic Strait of Hormuz to stay...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re June 28, 2023 By L.S. Howard Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to...
Reuters: Lloyd’s Register Drops Ships of Top Indian Carrier of Russian Oil May 26, 2023 By Jonathan Saul and Nidhi Verma Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine...
Russia Still Uses Western Insurance for Half of Tanker Fleet That Exports Its Oil March 30, 2023 By Bloomberg News Russia still relies on Western insurers to cover more than half of the tanker fleet that exports its oil, according...
Does a Shipper Have Duty to Obtain Sufficient Insurance for Goods? February 28, 2023 By Andrew G. Simpson In a dispute over artwork lost in transit, a New York federal judge has ruled that FedEx Ground was liable...
Shipping Industry Grapples With Ways to Cut Cargo Fires at Sea February 22, 2023 Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires erupting inside containers...
Maersk Sues Evergreen in Danish Court Over 2021’s Suez Canal Blockage February 13, 2023 Shipping group Maersk said on Monday it had filed a lawsuit against the owner and operator of container ship Ever...
‘Stay Tuned’ for Word on Russian Oil Price-Cap Plan, Says Yellen June 21, 2022 By Christopher Condon and Danielle Bochove Treasury Secretary Janet Yellen said talks are continuing on how the US and its allies might cap the price of...
Cost of Insurance for Merchant Ships Sailing to Black Sea Ports Spirals Out of Control April 11, 2022 By Ann Koh and Alaric Nightingale The cost of insuring merchant ships sailing to ports in the Black Sea has spiraled out of control, becoming a...