Marine insurance in ship finance transactions is often discussed in broad terms of coverage types, premiums or exposure to geopolitical concerns in high-risk trading regions. While these issues are ...
The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the vital waterway, underscoring the need to secure an ...
The ship insurance market is in turmoil after Russia's invasion of Ukraine, with some underwriters staying clear of ships moving Russian crude and others capitalizing on insurance premiums that have ...
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty ...
London: Iranian forces' threat to ships in the crucial Strait of Hormuz has driven up payments for the insurance that underpins the world freight industry. Here are facts and figures about how ...
SHANGHAI (Reuters) - China's insurance regulator estimates the payout in the fatal Yangtze cruise ship capsizing last week, which killed more than 400 people, at around 92.5 million yuan ($14.91 ...
A new marine insurance facility for Ukrainian grain exports using the country's sea corridor has been set up in conjunction with Ukraine's authorities, insurance broker Miller said on Tuesday. Russia ...
The marine insurance world is facing a new and serious concern — the growing threat of GPS spoofing. This is a trick where false signals are sent to a ship’s GPS system, causing it to believe it’s in ...
A file picture of Thai-flagged cargo ship Mayuree Naree burning after an Iranian missile strike in the Strait of Hormuz, raising risk concerns for shippers and insurers. (EPA Images pic) Iranian ...