Here Are the Legal Battle Lines in Ireland’s Multi-Billion Euro Russian Jet Trial June 28, 2024 The opening salvos have been fired in a 2.5 billion euro ($2.7 billion), Irish court battle between some of the...
Drone-Sinking of Coal Ship Boosts Red Sea Perils, Drives Surge in Insurance Costs June 20, 2024 By Alex Longley The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint...
Aon Launches $350M Insurance Program to Boost Capital Investments in Ukraine June 12, 2024 Insurance broker Aon plc announced a $350 million, first-of-its kind insurance program with the U.S. International Development Finance Corporation, designed...
Full Repairs to Damaged Red Sea Internet Cables Delayed by Yemen Political Splits May 8, 2024 By Mohammed Hatem and Olivia Solon Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes...
Update: Nord Stream Insurers Deny Policies Covered War Risks in UK Lawsuit April 18, 2024 Nord Stream’s insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the...
Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge April 17, 2024 By Jonathan Saul Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile...
Rescue Crew Navigate Drones and Fire to Salvage Houthi-Hit Ship April 1, 2024 By Verity Ratcliffe A salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off combat drones....
Yemen’s Houthis Tell China, Russia Their Ships Won’t Be Targeted March 22, 2024 By Sam Dagher and Mohammed Hatem The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden...
Update: Houthi Militants Say Fuel Tanker in Red Sea Targeted With Missiles March 19, 2024 Yemen’s Houthis targeted a fuel tanker, MADO, in the Red Sea with naval missile and Israel’s Eilat port and resort...
In Ukraine’s Bombarded Ports, Ship Buyers Scout for Deals March 15, 2024 By Jonathan Saul and Carolyn Cohn Since Russia invaded Ukraine two years ago, nearly 50 merchant ships have been languishing in its waters, stuck in ports...