Western Insurers Provide Cover for Russian Oil Despite Price Cap Concerns August 8, 2024 By Jonathan Saul and Gleb Stolyarov A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in...
Viewpoint: Striking Risk-Reward Balance for Shipping Lithium-Ion Batteries April 10, 2024 By William Moore Executive Summary: While the advancement of technology in electric vehicles and other lithium-ion powered goods facilitates energy transition from fossil...
Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil March 18, 2024 By Zachary R. Mider and Zeke Faux A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens...
The Oil Was From Iran. The Insurance Was From New York February 9, 2024 By Zachary Mider and Zeke Faux Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian...
Viewpoint: A New Risk Landscape Emerges for Global Maritime Industry September 21, 2023 By Dorothea Ioannou Executive Summary: The International Group of P&I Clubs offers a unique lens into the intricate web of maritime risk that...
Tanker Company Shipping Russian Oil Loses Insurance on G-7 Price Cap April 21, 2023 By Alex Longley and Julian Lee An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet after falling foul...
Ship Insurers to Cancel War Risk Cover for Russia, Ukraine Following Reinsurer Exit December 28, 2022 By Carolyn Cohn and Jonathan Saul Ship insurers said they are canceling war risk cover across Russia, Ukraine and Belarus, following an exit from the region...
Thawing Arctic Ice Creates New Environmental Risks as Shipping Routes Open February 25, 2016 By Jonathan Saul and Nina Chestney The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the environmental threat of heavy fuel...
New York-Based Insurer Says U.S. Has Lifted Sanctions for Iranian Oil Cargoes February 12, 2016 By Alex Longley A U.S.-based insurer to the global shipping industry said it got government authorization to cover non-American companies transporting oil from...