Insurance

Australia

Germany and Sweden Join in Crackdown on Shadow Fleet Vessels in Baltic

Priya Anika Rajan - July 1, 2025

The efforts to identify and crack down on shadow fleet vessels breaking maritime regulations are increasing with Germany announcing that along with Sweden it...

Insurance

Shadow Fleet Exposed by Sanctions and Sensors

Linh Nguyen - July 1, 2025

Russia’s slice of this underground market has grown from fewer than 100 tankers in early 2022 to somewhere between 300 and 600 by early...

Germany

Germany Pledges Additional Measures Against Russia’s “Shadow fleet”

Priya Anika Rajan - July 1, 2025

Germany has pledged additional measures to further counter Russia's so-called "shadow fleet" operating in the Baltic and North Sea, the foreign ministry said on...

Insurance

Crew costs on the increase

Emily Carter - July 1, 2025

SEPTEMBER 26, 2012 —International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry increased by an average 2.1...

India

India’s port ban on Pakistani cargo drives up freight costs, causes shipping delays: Report

Linh Nguyen - July 1, 2025

India’s ban on ships carrying Pakistani goods from anchoring at its ports has significantly raised freight costs and prolonged transit times, according to...

Insurance

‘Songa Dee’ to leave Invergordon in November (Scotland)

Carlos Martinez - July 1, 2025

The rig has during the yard stay achieved its certification on hull and structure by DNV, the BOP has been overhauled and lifted back...

India

Indian Ban On Ships Carrying Pakistani Goods Cause Increased Freight Prices & Longer Transit Times

Alexa Laguna - July 1, 2025

Per a research report published recently, India’s ban on vessels carrying Pakistani goods from anchoring at its port facilities has led to a rise...

Greece

Oil Tanker Rates Fall as Hormuz Tensions Subside

Emily Carter - July 1, 2025

LONDON, June 26 (Reuters)–Shippingcosts for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although...

Insurance

Salvage Industry Showed Signs of Recovery in 2024

Emily Carter - July 1, 2025

ISU members provided 191 services throughout 2024, an increase from 184 services in the previous year. The statistics, which represent the only published measure...

Greece