Odesa grain shipments start to pick up as port recovers
Safe passage of ships is encouraging more exports after attacks
Insurance
Marine insurers back UK shipping analytics start-up CetoAI
Seed funding will allow company to develop software to spot machinery breakdown risks early
Israel port calls start to fall as Hamas war escalates
Port closure, insurance rates and force majeure result in fewer ships calling at Israel ports
Cambiaso Risso launches global division on back of UK-based P&I desk
Nicky Ellis joins as third member of new London-based P&I team
Up to 1,500 cars in Luton airport fire ‘unlikely to be salvageable’
Airport says it is working with insurers to see if any personal items can be saved from destroyed vehiclesLuton airport has said it is unlikely that any vehicles will be salvageable after a huge fire that caused a car park to collapse.Bedfordshire fire…
Marine war risk underwriters take stock of Israel exposure
Cruise ship diversions have reduced the risk accumulation in the region
‘Maximum security’ warning issued to shipowners as Mideast violence spreads
Industry concerns focus on potential widening of the conflict to Israel’s north
Ship waiting to enter Danube damaged after hitting old mine
Incident is unrelated to Ukraine’s revived grain corridor or to claims about Russian threats to disrupt it
London P&I Club claims its financial position is improving after derisking
Underwriting profit, investment returns and lower claims have helped push up solvency levels
New Ukraine grain trade tempts risk-hungry shipowners with superior earnings
Juicy tripcharters beckon for old vessels in high-risk, high-reward Black Sea business