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CATEGORY

Insurance

Energy

Japan weighs steps for EU’s ban on insurance for Russia oil shipping

portnews -
Japan will consider measures for the EU’s imposition of its ban on insuring and financing seaborne transport of Russian oil to third countries because...
Insurance

Marine Insurance: Cargo Fires are a Burning Issue for Shipping

portnews -
Commercial insurer Allianz Global Corporate & Specialty released its Safety & Shipping Review, an annual analysis of shipping losses and accidents worldwide. The 2022...
Insurance

Insurance refusals on lithium-ion boats

portnews -
Lithium-ion batteries have been the cause of, and charged with, several notable marine fires in recent years. And now there’s talk of insurance companies...
Insurance

North and Standard Club merge to form global marine insurer

portnews -
Shipping and marine insurerNorthP&I has agreed to merge with the Standard Club, after members backed plans to create a new global marine insurer. Both clubs...
Insurance

EU bans new insurance for ships carrying Russian oil

portnews -
The European Union’s sixth package of sanctions against Russia, approved on Thursday 2nd, included an immediate ban on new insurance contracts for ships carrying...
Fuel Bunkering Power

A changing role of insurers in bunker contamination cases

portnews -
In the first four months of 2022, several ships faced serious operational issues caused by contaminated HSFO bunkers stemmed in Singapore. The question we...
Insurance

EU’s Russian ships insurance ban to distort commodities trade: sources

portnews -
The European Union’s ban on insurance and reinsurance of Russian ships is expected to further complicate trade in dry bulk and liquid commodities with...
Digitalization

IACS adopts Unified Requirements on cyber safety

portnews -
The growing use and reliance on information technology, of data networks, transmissions and connectivity in the daily work within the marine and energy sectors...
Insurance

IUMI, IG Clubs agree on Code of Practice for casualties that need third party salvage services

portnews -
  A Code of Practice between the International Group of P&I Clubs and IUMI has recently been agreed in relation to future casualty situations that...
Energy

Sanctions against insurance of Russian oil cargoes to limit Russia’s exports

portnews -
This week, the EU and UK agreed on an insurance ban against ships carrying Russian oil. The decision will make it difficult for Russia...
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