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.
- EU proposes that Aspides be leader in Hormuz mine-clearing June 5, 2026The EU has proposed that the EU NAVFOR Aspides take the primary role in clearing the mines in the Strait of Hormuz, but only “when conditions allow”, reports Reuters, citing .....
- Shipowners’ Club closes 2023 without additional call June 5, 2026At their meeting on the 4 June 2026 the Shipowners’ Club Board considered the open policy years and in particular the 2023 policy year, which is now ....
- A quieter version of “Project Freedom” is emerging June 5, 2026Everyone has agreed that reopening the Strait of Hormuz is a matter of urgency. The disagreement has been over how this can be achieved. Now the US appears to be realizing ....
- Greek tanker owners anticipate possibility of getting new oil out of Persian Gulf June 5, 2026“First-mover advantage” will be key in exploiting the current physical oil price levels, and some Greek oil tanker owners have moved their ships closer to the Persian Gulf, ready to reach ....
- Plans for Spanish cruise line are now on hold June 5, 2026Plans by Corazul to launch a niche cruise line that would be dedicated to the Spanish-speaking market have reportedly been delayed after Corazul said that it had cancelled its summer ....
- India’s maritime insurance pool won’t replace IG P&I Clubs, says Registry director June 5, 2026Indian Register of Shipping managing director PK Mishra has said that the covering of vessels under the Bharat Maritime Insurance Pool (BMIP) would not aim to replace the ....
- Indian Register boss wants dark fleet ships allowed into class June 5, 2026Arun Sharma, executive chairman of the Indian Register of Shipping, has urged sanctions bodies to let classification societies help blacklisted vessels maintain safety standards ....
- Invalid notice of readiness and laytime: Commercial Court revisits The Happy Day June 5, 2026Alex Andreou, senior associate at HFW, has written on a recent Commercial Court decision relating to the impact on the running of laytime of an invalid notice of readiness ....
- When a ship in distress calls, how should ports respond? June 5, 2026Harry Palmer, Risk Assessment Manager for TT Club’s Loss Prevention Team, has covered the always timely issue of what ports should do whenever a nearby ship makes a ....
- Syndicate Results 2025 #51 Asta 2786 (Everest) June 5, 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 few years ....