Owner of sunken Russian vessel suspects sabotage behind Ursa Major casualty
General cargo ship is said to have gone down after ‘three successive explosions’
Owner of sunken Russian vessel suspects sabotage behind Ursa Major casualty Read More »
insurance
The Return of Churn: Insurers brace for profit hit from loss of elderly vessels
Broker Gallagher reports rising number of pool claims likely to cost international group more than $650m in current year
The Return of Churn: Insurers brace for profit hit from loss of elderly vessels Read More »
Broker says insurers should reward tech-savvy shipowners seeking to improve safety and cut losses
Head of insurance broker Atlantic says underwriting practices have failed to keep up with improvements in data collection
Spike in container ship reinsurance costs reflects ‘poor loss record over years’
Broker Gallagher says International Group has resisted temptation to increase the overall limit of reinsurance
Spike in container ship reinsurance costs reflects ‘poor loss record over years’ Read More »
Nine VLCCs linked to Iran trade blacklisted by US Treasury
Treasury says vessels have been involved in unsafe shipping practices
Nine VLCCs linked to Iran trade blacklisted by US Treasury Read More »