Authorities Working to Free Giant Stranded Container Ship Blocking Suez Canal March 24, 2021 By Yusri Mohamed, Jessica Jaganathan and Florence Tan CAIRO – The shortest shipping route from Europe to Asia remained blocked on Wednesday as 10 tug boats struggled to...
Pirates Are Attacking Ships in Gulf of Guinea. Here’s Why and the Impact. January 26, 2021 By Libby George LAGOS— Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional navies. On Saturday, pirates...
Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions January 13, 2021 Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2...
Russia Expedites Work on Nord Stream 2 Gas Pipeline Before U.S. Tightens Sanctions December 30, 2020 By Vanessa Dezem, Daniel Flatley and Dina Khrennikova Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens sanctions against the controversial project...
Citing U.S. Sanctions, Insurers Won’t Cover Ships For Russia, Turkey Pipelines Projects September 23, 2020 The world’s largest group of shipping insurers will not insure vessels involved in the Russian-led Nord Stream 2 and TurkStream...
Thomas Miller to Acquire Germany’s Zeller Associates’ MGA, Insurance Operations September 17, 2018 London-based insurance provider Thomas Miller reports it has agreed to purchase the managing general agency and insurance services operations of...
Jewelers Mutual Acquires Shipping Software Firm TransGuardian August 20, 2018 Specialty insurer Jewelers Mutual Group has purchased the assets of TransGuardian Inc., a high-value item shipping and logistics software company....
UK P&I Insurer Chooses Dublin as EU Headquarters After Brexit November 21, 2017 By Carolyn Cohn and Jonathan Saul British ship insurer Standard Club is setting up a new European Union subsidiary in Dublin in case Britain loses access...
UK P&I Insurer North to Form Dublin Subsidiary as EU Post-Brexit Hub November 20, 2017 By Jonathan Saul British ship insurer North is setting up a new European Union subsidiary in Dublin in case Britain loses access to...
Shipping Losses Fall to Lowest in 10 Years as Technology Drives Safety June 13, 2017 Large shipping losses have declined by 50 percent over the past decade and last year saw the lowest number of...