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CATEGORY

Insurance

Insurance

Possible Pirate Action Group Reported East of Somalia

Akira Nakamura -
Diaplous, on 23 November, warned vessels to avoid an area 470 nm east of Socotra, Somalia, after a crude oil tanker reported a possible...
Insurance

Fitch Ratings: U.S. Private Credit Defaults Ease to 5.2% in October 2025

Carlos Martinez -
Fitch Rating’s U.S. Private Credit Default Rate (PCDR) declined to 5.2% for the trailing 12 months (TTM) ending October 2025, down from 5.4% in...
Insurance

UANI Expands “Ghost Armada” List with 23 Additional Sanctions-Evading Vessels

Carlos Nieves -
(New York, N.Y.)– United Against Nuclear Iran (UANI) is announcing the addition of 23 vessels to its “Ghost Armada” list. This underscores how, even...
Business

Mozambique grants concession for LNG terminal as Government moves to restart /Atum project

Carlos Nieves -
Mozambique’s Council of Ministers has approved a decree awarding a concession for the construction and operation of infrastructure for receiving, storing, regasifying and transporting...
Insurance

Christmas gift to unemployed sailors: The amount of the aid and the supporting documents

Carlos Nieves -
The Seamen’s House announced that the provision of extraordinary financial support to certain categories of unemployed seafarers for the 2025 Christmas holidays will be...
Greece

UK naval vessel intercepts Russian tanker and corvette

Zhang Weili -
A ROYAL Navy ship has intercepted a Russian product tanker and naval vessel in the English Channel, the UK’s ministry of defence confirmed. HMS...
Business

Tokio Marine to acquire agriculture risk management company CIH

Zhang Weili -
Tokio Marine has agreed to acquire risk management solutions provider Commodity & Ingredient Hedging (CIH)from Falfurrias Capital Partners for $970m (Y152.17bn). CIH, based in Chicago,...
Australia

COLUMN | Is DOF sacking seafarers, and is Cadeler missing its targets? [Offshore Accounts]

Alexa Laguna -
We have two Scandinavian mysteries that go to the heart of the European offshore cluster and its challenges. In one case, we see a major...
Business

Legal proceedings against Damen Shipyards commence

Emily Carter -
In May this year, the Dutch Public Prosecution Service (OM) announced it would be prosecuting Damen Shipyards Gorinchem and Damen Naval Shipyards for bribery,...
Business

Lloyd’s List Intelligence opens Centre of Excellence for Data & Technology in Chennai

Linh Nguyen -
This week, Lloyd’s List Intelligence will inaugurate its new Centre of Excellence for Data & Technology in Chennai, India. The centre will be one...
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