Global Insurers Fight London Court Battle Over Jets Seized in Russia October 2, 2024 By Kirstin Ridley and Sam Tobin Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia...
Explosive-Packed Drone Boat Slams Into Oil Tanker in Red Sea October 1, 2024 By Salma El Wardany An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli...
Sanctioned Tanker With LNG Cargo Passes via Suez Canal, Data Shows October 1, 2024 The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has passed through...
EU Navy Starts Towing Stricken Red Sea Oil Tanker Hit by Houthis September 16, 2024 By Paul Wallace The European Union’s naval force said it managed to connect tug boats to a burning oil tanker in the Red...
Burning Houthi-Hit Oil Tanker Set for Fresh Rescue Effort September 13, 2024 By Alex Longley Specialist salvage teams are set to renew efforts to remove a blazing oil tanker that’s been stuck in the Red...
Brokerage Giants Aon, Marsh Unite In Call for Industry Aid to Ukraine September 9, 2024 Highlighting the existence of blanket exclusions in reinsurance contracts for risks originating in the region impacted by the ongoing Russia...
Salvage of Stricken Oil Tanker in Red Sea Expected in Coming Days, Sources Say August 30, 2024 By Renee Maltezou A salvage operation to recover a Greek registered oil tanker stranded in the Red Sea after an attack by Houthi...
EU Mission in Red Sea Says no Oil Spill From Tanker Damaged in Houthi Attack August 29, 2024 By Jana Choukeir The European Union’s mission in the Red Sea said on Wednesday there was no oil spill in the waters near...
Houthis Say Tugs Can Tow Away Stricken Oil Tanker Attacked in Red Sea August 29, 2024 By Mohammed Hatem Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red...
Red Sea Insurance Nearly Doubles After Attacked Oil Tanker Appears to Be Leaking Oil August 28, 2024 By Jonathan Saul and Mohammed Ghobari The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen’s Houthis attacked a tanker...