Latest news from the marine insurance sector
The latest news from the global marine insurance industry. Updated each working day and without any access restrictions.
- EU lifts sanctions on five Azerbaijani-owned ships April 27, 2026The European Union on April 23rd lifted its sanctions on the ASCO-owned oil products tanker Zagatala (IMO 9498171), as well as on the tanker Shusha (IMO 9779941), drilling jack-up Garabagh (IMO 876...
- Only five ships pass through Strait of Hormuz in 24 hours on Friday April 27, 2026Just a handful of ships, including one Iranian oil products tanker, passed through the Strait of Hormuz on Friday April 24th following the seizure by Iran of the two container ships Epaminondas...
- Much vaunted US Hormuz insurance backstop delayed by details April 27, 2026US insurer Chubb, the lead player in the Trump Administration’s Hormuz Insurance Backstop, has said that the implementation of the plan had stalled because of a failure to provide military back-up....
- China denies connection with US-seized vessel April 27, 2026China has denied having any connection with the Touska (IMO 9328900) allegedly loaded with chemicals used to manufacture missile-based weapons (IMN April 20th and following days). The box ship...
- Tensions rise again ahead of this week’s MEPC April 27, 2026European Union countries agreed on Friday April 24th to continue pushing for a global price on shipping’s CO2 emissions at the IMO’s MEPC meeting this week. That could put it on a collision course...
- Trump grants 90-day Jones Act waiver extension April 27, 2026President Trump has extended for another 90 days the 60-day waiver of the Jones Act that he signed on March 18th. Jennifer Carpenter, President of the American Maritime Partnership (AMP), the voice...
- Syndicate Results 2025 # 22: 1492 Probitas April 27, 2026The Lloyd’s syndicates have now published their results for 2025 and, in some cases, added detail and an outlook for 2026. Some have stuck to the bare bones. As in the previous few years, IMN is...
- US imposes sanctions on Iran-linked vessels, Chinese ‘teapot’ refinery April 27, 2026The US Treasury Departments Office for Foreign Assets Control (OFAC) has imposed sanctions on a number of vessels and shipping companies linked to the Iranian regime, and also on one of China’s ...
- Hegseth says that mines remain the main obstacle to a full reopening of Strait April 27, 2026(#hull #cargo #liability) US Defence Secretary Pete Hegseth said at a media conference on Friday April 24th that mines in the Strait of Hormuz remained a central obstacle to restoring confidence...
- Insurance Marine News Monday April 27th 2026 April 27, 2026