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.
- Vessel struck by unknown projectile off UAE coast amid surge in attacks October 12, 2026A vessel, identified by two sources as Chinese-owned 330m x 60m VLCC Gem No. 2 (IMO 9735373) was struck by an unknown projectile on Friday October 9th when it was 13nm west of ....
- Hurricane Isaias caused shut-Ins for 60% of US Gulf oil production October 12, 2026The first hurricane of the 2026 Atlantic season, Hurricane Isaias, made landfall on Friday night October 9th along the northern Gulf Coast of Florida. It was quickly downgraded to a ....
- Trump announces diesel agreement with Russia; OFAC stops ban on Russian refined fuel October 12, 2026On Friday President Trump announced that Russia had agreed to release millions of tons of diesel fuel into the US and global markets. He said that the decision would lead to a ....
- New marine specialist at Stephenson Harwood October 12, 2026International UK-based law firm Stephenson Harwood LLP has strengthened its Commercial Litigation practice with the recruitment as Partner of marine insurance specialist ....
- Swedish Club reports soft market in H&M October 12, 2026In its release on terms for 2027 Hull & Machinery Insurance, The Swedish Club said that the Hull & Machinery market remained highly competitive going into the 2027 renewal season ....
- US military says it disabled cargo vessel trying to run Iran blockade October 12, 2026United States Central Command (CENTCOM) has said that it had disabled a commercial cargo vessel in the Gulf of Oman after its crew “ignored repeated warnings and attempted to run the ....
- Cement carrier sinks off Indonesia October 12, 2026Bulk carrier Khatulistiwa 8 (IMO 8625715) sunk after leaving SIG Tuban, East Java, Indonesia, during the early evening of October 7th, heading for Sampit, Central Kalimantan, with about ....
- More Iranian vessels sanctioned by US Treasury, two unsanctioned October 12, 2026The US Treasury has named a number of new vessels to its sanctioned list, while removing two others after a change of ownership ...
- UK Club and TT Club members back merger October 12, 2026Members of UK P&I Club and TT Club have voted strongly in favour of merging the two organizations. Together the group will cover maritime, logistics, ports and ....
- Panama hit by huge earthquake: Canal unaffected October 12, 2026The Panama Canal emerged almost completely unaffected from a 7.7 magnitude earthquake that struck Panama on Friday October 9th. Vessel transits continued normally, despite damage ....