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.
- More laden tankers sail out of Strait of Hormuz May 26, 2026Following last week’s successful transits of three vessels carrying 6m barrels of oil, more large tankers exited the Persian Gulf over the weekend, giving a strong hint that the .....
- Hormuz and Iran, what will any new declaration really mean? May 26, 2026The price of a barrel of oil fell by about 5% on Monday morning, with news reports stating that traders were buoyed by the news that an Iran / US peace deal could be near ....
- UK Club says TT Club merger is “on track” May 26, 2026At the UK P&I Club’s Board of Directors annual spring meeting in Rapallo, Italy, the directors head from the managers that the Club’s upcoming merger with the TT Club and the proposed .....
- Five injured after collision between two vessels causes oil spill in Nigeria May 26, 2026Two vessels collided in the Bonny Inner Anchorage, Nigeria on May 20th, resulting in injuries to five crewmembers and causing a local oil spill, according ....
- Seven crewmembers from MSC Elsa 3 want to go home May 26, 2026A year after the MSC Elsa 3 (IMO: 9123221) containership rolled onto its side and sank off the Indian coast (IMN May 27th 2025 and many subsequent dates) , seven officers and .....
- Sale and demolition of sanctioned vessels authorized by US Treasury May 26, 2026An unintended side-effect of US sanctions over the past few years has been the rule that the sanctioned entities cannot be paid money for anything, even if that cash would be related ....
- Ukraine claims strike on Russia’s Sheskharis oil terminal on Black Sea May 26, 2026The Ukrainian military said on Saturday May 23rd that it had struck Russia’s Sheskharis oil terminal, which is one of the largest on the Black Sea, as well as the nearby .....
- Russia’s shadow fleet is also a sustained hybrid war threat, report claims May 26, 2026The Russian shadow fleet of oil tankers is functioning as an active platform for hybrid warfare against European states. It enables undersea infrastructure sabotage and drone .....
- Rokstone launches $25m cargo stock-only programme May 26, 2026Specialty / reinsurance MGA Rokstone has launched a cargo stock-only programme, with $25m capacity Rokstone said that the move corresponds to the demand for more tailored inventory .....
- Syndicate Results 2025 #43 AXIS 2050 May 26, 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 ....