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CATEGORY

Insurance

Energy

Russian ally’s oil stopped in Black Sea by Turkish insurer demands

portnews -
TANKERS with russian oil were stalled on the Black Sea side of the Bosphorous, prevented from continuing to the Mediterranian by Turkey's demand for...
Insurance

Ukraine, Russia plane and ship insurance at risk from Jan 1 -sources

portnews -
Insurers may refuse to cover planes flying to Ukraine or ships sailing through the Black Sea as reinsurers – who insure the insurers –...
Insurance

Reinsurers Could Prohibit Black Sea Voyages Starting January 1st

portnews -
by Carolyn Cohn (Reuters)Insurers may refuse to cover planes flying to Ukraine orships sailing through the Black Sea as reinsurers – who insure the...
Insurance

Ship reinsurers are about to cease covering vessels going to Russia and Ukraine

portnews -
Some of the biggest names in ship reinsurance are days away from ceasing to cover key war-related risks for vessels going to Russia and...
Insurance

Skuld reports positive nine-month result in benign claims environment

portnews -
Skuld today announces a positive result of USD 13.4 million for the first nine months of the /23 financial year (ending 20 February 2023),...
Insurance

Oil tanker clears Turkish shipping logjam with Russian insurance letter

portnews -
A letter provided by Russian insurer Ingosstrakh enabled the first oil tanker to sail through Turkish waters in recent days after tougher regulations were...
Insurance

New Turkish Insurance Rules Hold Up Kazakh Oil Shipping

portnews -
When Turkey implemented a new rule to ensure that Russian tankers are properly insured before transiting the Bosporus, it likely did not anticipate that...
Insurance

Promotions at UK Club Hong Kong office

portnews -
UK P&I Club has appointed Amy Lovseth to the post of Syndicate Manager in its Hong Kong office. The announcement follows Seán Geraghty’s move to the...
Insurance

IG Clubs clarification on Turkey’s requests of P&I cover confirmation

portnews -
Turkey issued a notice on 16 November, requiring all ships transiting or entering Turkish waters from 1 December 2022 (extended to 2 December 2022),...
Bosphorus & Dardanelles Straits

Bosphorus tanker transits dry up amid insurance bust-up

portnews -
Legitimate exports of Russian crude through the Bosphorus almost ceased yesterday as a request by Turkish authorities for proof of P&I cover on transiting...
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