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.
- US says PGSA would fund the IRGC, imposes sanctions May 29, 2026The US Treasury’s Office of Foreign Assets Control (OFAC) has added the Persian Gulf Strait Authority to its sanctions list, stating that it is linked to the Islamic Revolutionary .....
- US military conducts “limited strike” on Iranian territory May 29, 2026CENTCOM said that US forces had launched attacks on Iranian territory near Bandar Abbas in self-defence in response to Iranian actions in the Strait of ....
- Two more tankers move through the Strait of Hormuz May 29, 2026VLCC Eagle Veracruz (IMO: 9933626), carrying 2m barrels of crude loaded from Saudi Arabia in late February, is heading to Quanzhou port in the southeastern .....
- Sompo names Elliot Paul as head of marine cargo, London May 29, 2026International insurer and reinsurer Sompo has announced the appointment of Elliot Paul as Head of Marine Cargo, London, UK. Elliot Paul brings more than 15 years of marine ....
- Shipowners’ Club reports on outcome of insurance broker survey May 29, 2026Towards the end of 2025 Shipowners’ Club undertook an extensive research project to assess brokers’ experience and satisfaction across our products, services and relationship touchpoints .....
- Foreign tankers appear on US domestic routes after Jones Act waiver May 29, 2026There seem to be few things in the US world of shipping and industry that generates more heated discussion than the Jones Act. It has now been shown that the Trump administration’s ....
- Amiga Specialty secures Lloyd’s capacity for new Yachts division May 29, 2026London-based independent international Managing General Agent (MGA) Amiga Specialty has secured £/$25m of “A rated” capacity with global licensing for its Yachts division .....
- Russia Sanctions: New EU FAQs follow UK sanctions expansion May 29, 2026On May 20th 2026 the UK Russia (Sanctions) (EU Exit) (Amendment) Regulations 2026 (SI 2026/543) along with an Explanatory Memorandum, came into force ....
- Syndicate Results 2025 #46 Nephila 2358 May 29, 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 .....
- Marine round-up : 29th May 2026 May 29, 2026Drone attacks were reported on three tankers in the Black Sea on Thursday near Türkiye’s northern coast, shipping agency Tribeca said. The tanker James II (IMO 9253909 ) .....