Drone-Sinking of Coal Ship Boosts Red Sea Perils, Drives Surge in Insurance Costs June 20, 2024 By Alex Longley The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint...
Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US Sanctions June 10, 2024 By Julian Lee The first Russian oil tanker attempting to deliver crude while under US sanctions made a secret cargo transfer onto another...
Safety Dangers From Sanctioned Tanker Fleet Growing, Ship Manager Says June 6, 2024 By Jonathan Saul Safety dangers are growing from aging and unregulated vessels, leading ship management firm V.Group told Reuters, adding it had stopped...
Sanctioned Oil Tankers Pose Rising Environmental Risk in Mediterranean, Greece Says June 5, 2024 By Jonathan Saul and Renee Maltezou Unregulated tankers sidestepping Western sanctions are posing a bigger risk to the Mediterranean region and Greece is undertaking more protective...
Russian Oil Finds New Site for Controversial Cargo Switching June 4, 2024 By Sherry Su Under pressure from Greece’s navy, traders of Russian oil have found a new place to switch cargoes of crude in...
Full Repairs to Damaged Red Sea Internet Cables Delayed by Yemen Political Splits May 8, 2024 By Mohammed Hatem and Olivia Solon Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes...
Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge April 17, 2024 By Jonathan Saul Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile...
Viewpoint: Striking Risk-Reward Balance for Shipping Lithium-Ion Batteries April 10, 2024 By William Moore Executive Summary: While the advancement of technology in electric vehicles and other lithium-ion powered goods facilitates energy transition from fossil...
Rescue Crew Navigate Drones and Fire to Salvage Houthi-Hit Ship April 1, 2024 By Verity Ratcliffe A salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off combat drones....
Titanic Law Helps Ship Owner Limit Bridge Collapse Liability March 27, 2024 By Ethan M Steinberg, Chris Dolmetsch and Matthew Griffin The owner of the ship that rammed into a Baltimore bridge could face hundreds of millions of dollars in damage...