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.
- Hormuz shipping traffic falls to one-week low amid hostilities August 13, 2026Shipping traffic through the Strait of Hormuz fell to its lowest level in a week on Tuesday August 11th, with vessel operators continuing to avoid the SoH amid ongoing hostilities in the Middle....
- Skuld receives Red Sea “certain war risks” notice of cancellation from reinsurers August 13, 2026Norway-based marine insurer and Group Club Skuld has published a formal notice of cancellation and reinstatement in respect of certain war risks relating to the Indian Ocean, Gulf of Aden and Red Sea.
- Rhine River hits record low, inland shipping crisis in Europe August 13, 2026Water levels on the Rhine have been falling further, and there is little relief in sight. Some German companies have resorted to force majeure announcements relating to their supplies. Levels at...
- Four crew, two rescuers, killed after Houthis strike on cargo ship August 13, 2026Four crew members and two rescuers were killed in successive Houthi strikes on a cargo vessel on August 11th (see yesterday’s IMN). These were the first shipping deaths linked to the Houthis since...
- Round Up – Thursay 13th August 2026 August 13, 2026The name of a second seized tanker sold for scrap by the US to cash buyer GMS has been revealed. The Veronica (also known in January as the Galileo) is, now operating as the Lileo (IMO 9256860). It...
- MSC Shipmanagement and Chief Engineer plead guilty in US, fined for 2024 runaway boxship event August 13, 2026Cyprus-based MSC Shipmanagement, the operating company of containership MSC Michigan VII (IMO 9196864) that went on the loose at full speed through Charleston Harbour in 2024, appeared in court on...
- Rise in Somalian piracy, decline in reported incidents in Gulf of Guinea, Singapore Strait August 13, 2026There were 38 incidents reported to the IMB Piracy Reporting Centre between January and June 2026. Ther were 27 vessels boarded, five hijacked, three fired upon and three attempted incidents....
- Insurance Marine News –Wednesday August 12th 2026 August 12, 2026Insurance Marine News –Wednesday August 12th 2026
- Insurance Marine News –Thursday August 13th 2026 August 12, 2026Insurance Marine News –Thursday August 13th 2026
- Iran and Trump now both want compensation from the other side August 12, 2026President Trump said on Monday August 10th that Iran would have to pay compensation for those it had killed and wounded during the recent conflict, while Iran had made any reopening of the SoH...