Global commercial insurance rates increased by 1% on average in the first quarter of 2024, compared with ...
Viewpoint: Striking Risk-Reward Balance for Shipping Lithium-Ion Batteries
While the advancement of technology in electric vehicles and other lithium-ion powered goods facilitates energy transition from fossil...
While the advancement of technology in electric vehicles and other lithium-ion powered goods facilitates energy transition from fossil...
Article / 15 days ago
Ship Owner in Bridge Collapse Seeks to Limit Its Liability
The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to...
The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to...
Article / 24 days ago
Insurance Industry Readies for Historic Losses From Baltimore Bridge Tragedy
It's very early in the recovery process and already the numbers are large....
It's very early in the recovery process and already the numbers are large....
Article / 24 days ago
Baltimore Bridge May Trigger Historic Marine Loss, Says Lloyd's of London
Insurance payouts for the Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to...
Insurance payouts for the Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to...
Article / 28 days ago
Russia's Oil Is Finally Getting Snarled by Sanctions
The Russian oil-export machine funding the Kremlin's war in Ukraine is finally getting some grit in its gears....
The Russian oil-export machine funding the Kremlin's war in Ukraine is finally getting some grit in its gears....
Article / 1 month ago
Yemen's Houthis Tell China, Russia Their Ships Won't Be Targeted
The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked, according to several...
The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked, according to several...
Article / 1 month ago
Somali Pirates' Return Adds to Crisis for Global Shipping Companies
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier...
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier...
Article / 1 month ago
Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil
A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens of tanker ships suspected of carrying sanctioned Iranian...
A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens of tanker ships suspected of carrying sanctioned Iranian...
Article / 1 month ago
Russia Oil Fleet Shifts Away From Liberia, Marshall Island Flags as Sanctions Ramp Up
Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up...
Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up...
Article / 2 months ago
Volkswagen Faces Pair of Lawsuits Over Claim Porsche EV Battery Sparked Ship Fire
Volkswagen AG faces a pair of lawsuits in Germany over claims it was the battery in a Porsche electric vehicle that triggered the 2022...
Volkswagen AG faces a pair of lawsuits in Germany over claims it was the battery in a Porsche electric vehicle that triggered the 2022...
Article / 2 months ago
