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.
- Texas ports, pilots suspend some operations due to winter storm January 22, 2025Ship pilots in Texas suspended some operations on Monday January 20th as unusually cold weather hit the state ahead of a predicted winter storm. All of Port Houston’s eight public facilities ....
- Gallagher: Marine hull & machinery and war risks – market update January 22, 2025Gallagher Specialty’s Q1 2025 report on marine H&M and war risks noted that, while shipowners currently benefited from a stable hull & machinery (H&M) market, a volatile war risks environment ....
- Salvage of Bayesian is postponed until April January 22, 2025The salvage of the sunken yacht Bayesian (IMO 9503392), which went down off the north coast of Sicily last August, was reported to have been postponed. Work was now unlikely to begin until ....
- Panama Canal could be 2025 political issue January 22, 2025Newly inaugurated President Trump said on Monday January 20th that the US would take back the Panama Canal. He repeated his (false) assertion that the waterway was now operated by China ....
- Trump withdraws all US federal waters from future offshore wind leasing January 22, 2025In an Executive Order signed on his first day back in office US President Trump used the Offshore Continental Shelf Lands Act (OCSLA) to withdraw all federal waters from future offshore ....
- Russian oil tankers still under construction are included in US sanctions January 22, 2025Six Russian oil tankers still under construction by Russia’s Zvezda shipyard were included in the latest round of US sanctions, published on January 10th. It is the first time that the US ....
- Changes to Syria sanctions January 22, 2025West P&I has pointed out to members that on January 6th OFAC issued Syria General Licence 24, authorizing various activities and transactions previously prohibited under the Syrian ....
- Ballast water management – new recording standards January 22, 2025Group club Britannia has informed members that record keeping was a vital part of complying with the International Convention for the Control and Management of Ships’ Ballast Water and ....
- Marine round-up : 22nd Janaury 2025 January 22, 2025An Executive Order signed by US President Donald Trump on his first day in office renamed the Gulf of Mexico as the “Gulf of America”. The name “Gulf of Mexico” dates back to 16th-century ....
- Private sector ready to help protect European seabed cables January 21, 2025The US and Nordic-Baltic countries have agreed on further steps to increase the security of subsea infrastructure. That will include a greater involvement of the private sector ....