Suez Blockage Claims Expected to Hike Marine Reinsurance Rates, Says Willis Re April 1, 2021 By Carolyn Cohn The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine...
Yemen Conflict Adds to Worries for Ships Dodging Pirates, Terror March 30, 2015 By Naomi Christie and Anthony DiPaola When it comes to world trade, a 17-day shortcut trumps terror, piracy and now bombs. That’s the time a supertanker...
Yemen Conflict Could Disrupt Major Oil Shipping Route; Insurers Pull Back March 27, 2015 By Jonathan Saul Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab...
Shipowner Calls for Suez Canal Boycott over Pirate Threat March 17, 2011 By Walter Gibbs A leading Norwegian shipowner called on tanker operators to boycott the Suez Canal which he said would force global powers...
So. Korea Shipping Firm Re-routes Container Ships due to Egypt Unrest February 1, 2011 By Randy Fabi South Korea’s Hanjin Shipping was re-routing some of its container vessels due to the unrest in Egypt that has disrupted...
Lloyd’s Market: ‘No Direct Threat’ to Suez Canal Shipping January 31, 2011 By Jonathan Saul No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt,...
Suez Shipping Operating Normally Despite Egypt Unrest: Marine Insurers January 31, 2011 By Jonathan Saul No direct threat to ships passing through the strategic Suez Canal waterway exists at the moment, despite unrest in Egypt,...