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CATEGORY

Insurance

Canada

European Commission to Propose Floating Russian Oil Price Cap

Emily Carter -
TheCommission proposed lowering the Group of Seven (G7) nations’ price cap from $60 a barrel to $45 barrel in June in its 18th package...
Greece

Red Sea Insurance Premium Spikes as Houthi Risks Return

Akira Nakamura -
The cost of insuring commercial ships that sail past Yemen’s Houthi militants surged after the rebels sank two ships and killed sailors this week,...
Insurance

Shipping Insurance Doubles After Houthis Sink 2 Ships & Kill 4 Seafarers In Red Sea

Alexa Laguna -
The cost of insuring ships passing through the Red Sea has more than doubled after Yemeni Houthis attacked two commercial vessels this week, killing...
China

Singapore Tops 2025 Xinhua-Baltic International Shipping Centre Development Index, Marking 12-Year Streak

Zhang Weili -
Baltic Exchange, in collaboration with Xinhua News Agency, proudly announces the release of the 2025 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report. This...
China

Lee Jae-myung’s Government Policies and Their Impact on the Competitive Landscape of the Shipbuilding Industry

Zhang Weili -
Under new circumstances, South Korea may once again "anchor" its shipbuilding industry as one of the core assets of national competitiveness, attempting to reshape...
Belgium

The Phased Banning of Scrubbers in Northeast Atlantic Waters

Linh Nguyen -
The OSPAR Commission, composed of 15 governments and the European Union, has agreed to a historic phased ban on scrubber discharge waters in the...
Automation

First of its kind! Breakthrough in financing for mid-sized Korean shipbuilders.

Zhang Weili -
On July 1, South Korea's Busan Bank (BNK) announced the issuance of a $164 million (approximately 1.176 billion yuan) refund guarantee (RG) to mid-sized...
Insurance

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

Carlos Martinez -
Yemeni Houthi militia leader Abdul-Malik al-Houthi said on Thursday (July 10) that no company would be...
Insurance

War Risk Premiums Surge Amid Renewed Red Sea Attacks

Emily Carter -
The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen’s Houthis attacked and sank two...
Insurance

Red Sea Insurance Spikes After Houthi Ship Attacks

Carlos Martinez -
The insurance cost of shipping goods through the Red Sea has more than doubled in recent...
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