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Insurance

Houthi attacks boost insurance rates, ship traffic not yet affected

Marine insurance premiums for Red Sea transits have increased significantly after renewed Houthi attacks resulted in casualties, even as ship traffic via the Bab...

Geopolitics reshapes tanker trade in the Middle East

  Security threats, sanctions and strategy define the region’s evolving tanker operations No other region exerts such a concentrated influence on tanker operations as the Middle...

COSCO SHIPPING Specialized Carriers and China Export & Credit Insurance Corporation Guangdong Branch signed a strategic cooperation agreement.

On the morning of July 8, COSCO SHIPPING Specialized Carriers Co., Ltd. (referred to as "COSCO SHIPPING Specialized Carriers") and the Guangdong Branch of...

China unveils new steps to aid employment amid trade tensions

China unveiled new measures on Wednesday to stabilise employment, including expanded social insurance subsidies, special loans, and targeted support for young people looking for...

Let’s increase safety at sea and avoid catastrophic ship fires

Every year we unfortunately see many ship fires with disastrous consequences. Cargo, ships and, in the worst cases, human lives are lost, and fires...

Tariffs, Tensions, and Tonnemiles: A Resilient H1 for VLCC Freight

The return of OPEC+ voluntary production cuts also played a role in market dynamics. While headline figures point to rising output, much of this...

Strained by War, the Russian Navy is a Shadow of its Former Self

Russia’s Navy is facing huge pressures, primarily as a byproduct of President Putin’s over-ambitious attempts to claim great power status. The most obvious pinch-point is...

TMS attributes Vilamoura blast to ‘unidentified explosive device’ as maritime incidents mount

George Economou-led TMS Tankers has reported its tanker Vilamoura was struck by an “unidentified explosive device,” amid a series of mysterious incidents involving vessels...

Energy and insurance industries must move from ‘payout to partnership’

According to speakers at the Energy Insurance London event on July 3, 2025, the global energy and insurance industries must collaborate to reduce claim...

Investors shore up defences against another August market rout

Big investors are preparing for the normally thinly-traded months ahead with even more caution than usual as risks of oil price volatility or fresh...
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