P&I premiums expected to keep rising as clubs grapple with underwriting losses
Ratings agency AM Best says cash reserves expected to continue growing from last year’s record high
Insurance
Shadow-fleet flag states enter global league of major players
Eswatini, Gabon and Guinea-Bissau make ICS table for the first time after dramatic rise in tonnage
UK P&I Club reveals tonnage tonic as shipowners lock down renewal contracts
Pool claims set to be highest ever for 12-strong International Group, says leading club
Wavelength podcast: Iran and closed-door greenhouse gas talks to change shipping for ever
Plus, P&I clubs’ transfer window set to shut and the LNG bloodbath
Shipowners’ Club takes on challengers for small ship insurance crown
Simon Peacock says underwriting discipline has been key to premium freeze for 2025
Catastrophic reef oil spill prompts Pacific island nation lawsuit against shipowner and insurer
Residents want compensation for what they say were devastating effects of 2019 grounding
London calling: NorthStandard insider James Bean opens up on joining P&I’s new guard
The keen runner is the newest CEO among the 12-strong International Group
Now Russia reports case of anchor drag damage to Baltic cable
Russia adds its own incident to wave of damage
India signals plan to keep avoiding US-sanctioned tankers
Direct US designations of ships have proved more effective than EU and UK regimes in halting shadow trading
Will EU dark fleet crackdown be scuppered by legal loopholes?
Seizing ships is no simple matter under international law