EMSSTROM Alumni Information
2025 UPDATE for Alumni…
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‘Historic shift’: Trump officials unveil $20bn war-risk reinsurance scheme for Gulf traffic
Government agency to provide reinsurance for hull-and-machinery and cargo cover
Tanker Market: Almost Half of China’s Crude Oil Imports in 2025 Arrived from the Arabian Gulf
A major oil supply shock in Asia economies is about to occur, amid the war in Iran and the effective closure of the Hormuz Strait. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings declined mar…
Signal: Rising Tensions Since Saturday Escalate Energy Risk
Executive Overview Tensions around the Strait of Hormuz are increasingly spilling into global oil markets, raising concerns about potential disruptions to one of the world’s most critical energy transit routes. As regional tensions evolve, the central …
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New year, same old uncertainty for chemical tankers
The chemical tanker sector is currently experiencing a period of acute transformation and persistent volatility with a new year that brought the same uncertainty as 2025: shifting trade flows, a looming oversupply of aging vessels, and a fragmented reg…
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US Will Reinsure Maritime Losses in Gulf Region Up to $20b
The U.S. will provide reinsurance for losses up to $20 billion in the Gulf region, to help provide confidence for oil and gas shippers during the war on Iran, the U.S. International Development Finance Corporation said on Friday.President Donald…
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