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July 12, 2025

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Insurance

Insurer demands over detained bulker dismissed by shipowner

Greek operator said company was unaware of organised crime charges faced by single-ship company director

July 11, 2025
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Shipowner dismisses insurer demands over detained bulker

Greek operator said company was unaware of organised crime charges faced by single-ship company director

July 11, 2025
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London market in dark over insurer behind Cosmoship bulker attacked by Houthis in Red Sea

Insurance coverage is increasingly difficult to secure following the resumption of militia group’s deadly campaign

July 11, 2025
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Ukraine reveals maritime rebuild plan as Russia pounds ports

Two Syrian seafarers killed in attacks on key port of Odesa earlier this month

July 11, 2025
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Houthis hit back at kidnap claims: Survivors of bulker sinking treated with ‘utmost respect’

Operator Cosmoship says 10 crew members remain unaccounted for after deadly battle

July 11, 2025
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Insurers appeal $37.5m payout due to undeclared drug charges

Six companies claim nominee director of single-ship company should have informed them of discontinued criminal case

July 10, 2025
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Four more crew members saved from ship attacked by Houthis

More than a dozen personnel of Houthi-stricken bulker remain missing and may have been captured by rebels

July 10, 2025
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Red Sea rescue tug operator wins two-year sanctions battle

Dubai-based Swedish Management continued to operate in the world’s most dangerous shipping zone despite listing

July 9, 2025
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Houthis claim to have ‘rescued’ crew from Greek bulker they sunk

Nineteen seafarers are missing from Cosmoship-managed vessel, which Yemeni rebels sank

July 9, 2025
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‘No premium I could charge to cover this’: Deadly return of Houthis sees war risk insurers pull back

Insurance sources report offer of cover has been withdrawn after devastating double strike by Houthi militants

July 9, 2025
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