Mideast Ship Insurance Costs Jump Following Iran-Israel Attacks June 19, 2025 By Alex Longley The cost of insurance for ships sailing in the Persian Gulf jumped as attacks between Iran and Israel raised risks...
Israel War Risk Ship Insurance Costs Soar After Iranian Attacks, Sources Say June 17, 2025 By Jonathan Saul War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as...
Ships Warned to Avoid Red Sea, Log Hormuz Voyages After Israel Hits Iran June 13, 2025 By Jonathan Saul, Yannis Souliotis and Renee Maltezou Merchant shipping is continuing to pass through the Strait of Hormuz despite Israel’s large-scale attacks on Iran on Friday, the...
Denmark Plans $1 Billion War Insurance for Merchant Shipping May 2, 2025 By Sanne Wass Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or...
Sweden Probe Finds No Conclusive Evidence of Deliberate Damage to Subsea Cables April 16, 2025 A Swedish probe found no conclusive evidence to suggest that a Chinese ship had deliberately dragged its anchor to damage...
Western Officials Say Russia Is Behind Campaign of Sabotage Across Europe March 27, 2025 By Emma Burrows Western officials have accused Russia and its proxies of staging dozens of attacks and other incidents across Europe since the...
Global Shipping Insurance May Shift if Sanctions End, BIMCO Says March 25, 2025 By Weilun Soon The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s...
Markets/Coverages: MS Amlin Binds Reinsurance Facility to Cover Ukraine’s SMEs March 21, 2025 MS Amlin, the Lloyd’s global re/insurer, has bound a reinsurance scheme that could provide up to €1 billion (US$1.1 billion)...
Damage to Baltic Sea Telecoms Cable May Have Occurred in January, Operator Says February 24, 2025 Finland’s telecoms operator said on Monday that the damage reported last week to its C-Lion1 telecoms cable in the Baltic...
Finland, Sweden Investigate Suspected Sabotage of Baltic Sea Telecoms Cable February 21, 2025 Swedish and Finnish police are investigating a suspected case of sabotage of an undersea telecoms cable in the Baltic Sea,...