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.
- Trump announces pause in “Project Freedom” May 6, 2026Late Tuesday night US time President Trump said that he had halted the US military operation to escort ships through the Strait of Hormuz, less than 48 hours after he had announce it. However, the...
- UAE condemns Iran for attacks on vessels and port infrastructure May 6, 2026The UAE Ministry of Foreign Affairs has strongly condemned the Iranian attack on the ADNOC-affiliated tanker Barakah (IMO 9902615) while it was passing through the Strait of Hormuz. The ministry...
- Emergence of alternative cargo routes to Strait of Hormuz May 6, 2026Germany-based Hapag-Lloyd has resumed bookings to and from the Upper Gulf through third-party feeder services, and without using the Strait of Hormuz. The shipping line said that the setup would...
- Resolve Marine to lead phase 2 salvage of MSC Baltic III May 6, 2026The Canadian province of Newfoundland and Labrador have agreed on a final plan to remove the wreck of the MSC Baltic III (IMO 9241475) Contractors will dismantle the 207m x 30m vessel in sections...
- Details of “Project Freedom” become a fraction clearer May 6, 2026Statements late on Monday by US Admiral Brad Cooper, the head of Central Command (CENTCOM) have made slightly clearer some of the details surrounding Project Freedom, announced on social media by...
- Swedish Club’s Nordberg reports “strong underwriting performance” May 6, 2026In its annual report, published yesterday, Group Club The Swedish Club reported “strong financial results”. CEO Thomas Nordberg noted that for the third year in a row the Club had exceeded “the...
- Collision off Argentina May 6, 2026A major collision involving Panama-flagged chemical / oil products tanker Ginga Bobcat (IMO 9472737) and the Marshall Islands oil tanker Helios (IMO 9466740) occurred in the operational area of the...
- Arctic Metagaz anchored off Libya; future unknown May 6, 2026The burnt-out remains of Russian LNG carrier Arctic Metagaz (IMO 9243148), which has been drifting to and fro in the Eastern Mediterranean for two months now, ever since it was hit by a sea drone in..
- Tatham Law names Margot Wastnage as new Partner May 6, 2026Specialist maritime law firm Tatham & Co has named Margot Wastnage as its newest Partner, effective May 1st. The firm is seeking to further strengthen its business in Europe, including France...
- Crew carried by rescue line from ship to shore May 6, 2026General cargo ship Ninova (IMO 8700072) lost control on May 1st during a severe storm and high waves off the coast of Karasu district, Sakarya, on the Black Sea coast of Türkiye. It dragged anchor...