Russian reinsurer targeted by EU to promote sanctions impact
Russian National Reinsurance Co has reinsured vessels denied by Western businesses, says EU
Insurance
Ukraine launches $500m ship insurance fund to boost Black Sea trade
The move comes as the cost of war risk cover in the region continues to increase
‘Shipping is in our blood’, says Manos Sofronis of insurance broker Oneglobal
Executive team of Athens-based insurance broker reveals the secret of the company’s success
Skytek satellites spot 58 ships worth $440m trapped in Ukraine
Company says eight vessels have been damaged in attacks
UK P&I Club is upbeat after ‘positive’ renewal
Chief executive Andrew Taylor says the club is well positioned for future challenges
Skuld and West of England claim major increases after renewal
Both clubs have added new members and increased the size of their P&I portfolio
Green ship business boosts organic growth at Bureau Veritas
French classification society benefited from strong demand for dual-fuel container ships
NorthStandard suffers 14m gt drop in tonnage after P&I renewal
Executive says fall was expected as some members of both clubs needed to redistribute cover
Ukraine war: Fragile UN grain deal puts shipping centre stage
The anniversary of the Ukraine war coincides with talks to renew the lucrative, beneficial but vulnerable scheme
Navios, Maersk and Royal Caribbean switch up P&I cover as renewal goes to the wire
Skuld and Gard make major gains as some of shipping’s biggest fleets reshuffle their P&I entries