Wavelength: Turning the sanctions screw
… and who’s who in the biggest shipping pay packet list
Insurance
Flurry in claims like London buses, says Steamship boss as risk market hits peak volatility
Jonathan Andrews says claims influx represented a peak in volatile insurance cycle
Insurer Steamship hit by unusually high losses and record pool claims
Annual results reflect tough year for protection and indemnity clubs from costly casualties
UK blacklists ship finance veteran involved in Russia shadow fleet S&P deals
British government also targets Russian captains and 18 ships in new round of sanctions
‘Not alive to the risks’: Sole watchman likely scrolling music on his mobile phone before collision, judge finds
Court finds the officer compounded problems by steering the wrong way in moments before casualty
‘Not alive to the risks’: Sole watchman likely on his mobile phone before collision, judge finds
Court says officer compounded problems by steering the wrong way in moments before casualty
Houthis vow to target Haifa port in renewed threats against Israel
Yemeni rebels warn vessels of all stripes to steer clear of major Israeli terminal
India cracks down on owner documentation after insurers refuse to pay out on pollution claims
Country’s regulator complains that insurers have refused to pay because shipowner premiums were not up to date
Greek owner and clean-up contractor face long jail terms over Athens oil spill
Defendants were accused of deliberately sinking bunker ship
UK MPs should consider if sanctions are working, say Lloyd’s underwriters
Committee is examining if parliament should have greater oversight of UK Prime Minister Keir Starmer’s sanctions policies