Houthi-sunk bulker leaves shipowner and operator locked in $5m battle
Lebanese insurer says war exclusion clauses rule out any payout on hull policy
Insurance
American Club buoyed by investment returns as falling premiums and claims take toll
The protection and indemnity club said premium income dipped in 2024 after rating agency downgrade
False flag checks on key Russia tanker route hampered by unresponsive registries
Key coastal state says verifying the status of vessels is proving difficult
MSC global insurance boss Laurent Audaz joins TT Club board
UK insurer also adds expertise from Kanoo Logistics’ Saffia Kanoo
Dutch mutual sets expansion goals after NorthStandard tie-up
P&I Club announces new structure and ambitions to expand into war risks and hull
Criminal gangs target ships as cargo theft cases spike globally
Allianz Commercial says cargo thefts increased in North America by 27% in 2024
Explosion hits and cripples Economou suezmax tanker
TMS Tankers-operated Vilamoura suffered large breach after explosion while hauling crude cargo
War risk premiums fall back for shipping as Middle East tensions ease
Insurance costs peaked on Monday before Israel-Iran ceasefire
Bealeaguered ship salvage industry starts to pull away from worst ever slump
Salvage industry body says recovery has been modest from historic 2022 low
Beleaguered ship salvage industry starts to pull away from worst-ever slump
Industry union says recovery has been modest since historic 2022 low