In a significant decision for marine insurers, the Court of Appeal has agreed with the Commercial Court that a pay first provision in a marine insurance policy was valid and effective. Consequently, the insurer of an insolvent assured could rely on thi…
Court of Appeal upholds pay first provision in marine insurance policy Read More »
The LNG shipping segment seems to be on rising tide, after the latest geopolitical developments and the US emerging as a major exporter of natural gas. In its latest weekly report, shipbroker Intermodal said that “October proved to be a robust month fo…
LNG Shipping on the Rise Read More »
At least two blacklisted tankers carrying 1.4 million barrels of Russian crude are tracked at anchor outside the port of Mundra, India, in the first signs that fresh Western sanctions on Rosneft and Lukoil are curbing exports. Sierra Leone-flagged Kust…
Tanker Freight Rates Hit Five-Year High Amid Russian Oil Sanctions Shake-Out Read More »
The EU Commission’s new Sustainable Transport Investment Plan (STIP), published on 5th November, represents a major milestone for the methane decarbonisation pathway. The Plan explicitly recognises LNG, bio-methane and e-methane within the clean-fuel m…
EU STIP recognises practical and realistic methane decarbonisation pathway Read More »
The tanker and oil markets are expected to face a different landscape, as a result of the latest policy choices by the US presidency. In its latest weekly report, shipbroker Gibson said that “Trump’s second presidency started with a strong push to chan…
Shipping and Oil Demand in the Under Trump’s Energy Agenda 2.0 Read More »