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.
- Synergy says it is “surprised and disappointed” by DOJ DaIi allegations May 14, 2026In a statement in response to the US indictment relating to allision between the containership Dali (IMO 9697428) and the Francis Scott Key Bridge in Baltimore, Marlyand in March 2024 ....
- Chinese supertanker heading through Strait of Hormuz, according to data May 14, 2026A China-owned, managed and flagged VLCC was attempting to sail through the Strait of Hormuz on Wednesday, according to LSEG and Kpler ship-tracking data ....
- Iraq and Pakistan strike deal with Iran to move oil and LNG May 14, 2026After three LNG tankers transited the Strait of Hormuz without interference over the past few days (see yesterday’s IMN), there were strong suspicions that Pakistan and Iraq might have .....
- UK, Europe, expand military commitment to Strait of Hormuz May 14, 2026The UK is expanding its military commitment to securing the Strait of Hormuz. On Tuesday May 12th it announced that it would be deploying autonomous mine-hunting systems, counter-drone ....
- Maersk calls Hormuz situation “highly volatile May 14, 2026It has not been a good first quarter for the major container shipping lines. Germany’s Hapag-Lloyd swung from a healthy gain in Q1 2025 to a loss of $256m in Q1 2026 – a result it attributed ....
- EU promulgates 20th sanctions round May 14, 2026The EU has promulgated its 20th sanctions round of sanctions against Russia, one with much wider scope than its predecessors, and a package with a wide impact on the shipping community ....
- CNN names US or NATO as possible actors in sinking of Ursa Major May 14, 2026In late 2024 there was an initially minor report that a heavy-lift cargo ship, the Ursa Major (IMO: 9538892) had sunk in the Western Mediterranean. Within days, however, the tale took on ....
- AM Best assigns investment grade credit ratings to American Club May 14, 2026Rating agency AM Best has assigned a Financial Strength Rating (FSR) of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” (Good) to American Club. The outlook assigned to these ....
- Syndicate Results 2025 #33 Flux (Now Asta) 1985 May 14, 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 ....
- Marine round-up : 14th May 2026 May 14, 2026Barbados-flagged general cargo vessel Wilson Saimaa (IMO 9313694) collided with a quay in the channel connecting to Lake Vänern near Vänersborg, Sweden at around 18:00 local time on ....