Oil Shippers Continue Sailing Through Strait of Hormuz – with Heightened Security June 21, 2019 By Aya Batrawy A series of attacks on oil tankers near the Persian Gulf has ratcheted up tensions between the U.S. and Iran...
Iranian Forces Were Likely Responsible for Attacks on Tankers, Says Insurer DNK June 17, 2019 By Verity Ratcliffe Iranian forces were likely responsible for the attacks that occurred Thursday on two tankers in the Gulf of Oman, according...
War Risk Insurance Premiums Surge for Oil Tanker Owners After Gulf Attacks June 17, 2019 By Alex Longley, Sheela Tobben and Ann Koh Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round...
Insurers Appoint Dutch Marine Engineer to Salvage Oil Tankers in Gulf of Oman June 14, 2019 Dutch marine engineer Boskalis said on Friday it had has been appointed to salvage both tankers that were hit in...
Insurance Rates for Crude Oil Tankers to Jump After Gulf Attacks June 14, 2019 By Julian Lee, Alex Longley and Will Hadfield Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the...
Ironshore’s Shrubb Joins AXA XL’s Terrorism Insurance Team in U.S. February 20, 2019 Morgan Shrubb has joined AXA XL Insurance as underwriting manager for War, Terrorism & Political Violence insurance. Shrubb joins AXA...
International Shipping Lanes Could Be at Risk from Escalating Yemen Conflict October 11, 2016 By Jonathan Saul Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil...