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.
- Insurance Marine News – Friday July 24th 2026 July 24, 2026Insurance Marine News – Friday July 24th 2026
- Chinese VLCC gets through Bab al-Mandab as militia tightens Saudi blockade July 24, 2026Cosco Shipping’s VLCC Xin Long Yang (IMO 9761463) secured Houthi clearance to transit the Bab al-Mandab strait after it made two U-turns in the Red Sea, first back towards Suez, and then back facing..
- Shipowners halt vessel calls for farm exports at Ukrainian ports, says minister July 24, 2026The resurgence of Russian attacks in the western Black Sea, a week or so after Ukraine increased its attacks on vessels calling at ports in the eastern Russian Black Sea ports and the Sea of Azov to..
- LMA publishes new model clause to deal with Hormuz transit fees / tolls July 24, 2026The Lloyd’s Market Association (LMA) has published a new clause for use as a model by marine hull underwriters, addressing the position of transit fee, toll or other payments made in connection with..
- Feeder ship hit by explosion on Yangtze River July 24, 2026Chinese officials have confirmed that small feeder ship named as the Yi Hang Ming Yuan (MMSI 413821113), an LNG-fuelled hybrid vessel that was used to transfer containers on the Yangtze River...
- UK Supreme Court overrules appeal in case of the sale of Lila Lisbon July 24, 2026The long-running case of the sale of the Lila Lisbon (IMO 9252498) (IMN March 21st 2024, October 21st 2025) has reached its final judgement. Quadrant Chambers’ John Russell KC & Jakob Reckenrich....
- EU authorizes Atalanta to board shadow fleet vessels July 24, 2026EU governments on Wednesday July 22nd authorized Operation Atalanta, the union’s counter-piracy naval mission off the Horn of Africa, to begin conducting flag-verification boarding of vessels that...
- Kavomaleas appears to be in Iranian custody July 24, 2026The Greek-operated product tanker Kavomaleas (IMO 1042823) that was hit and disabled by an Iranian strike last weekend (IMN July 21st, 22nd) appears to have been towed to the north side of the...
- EU plans ETS overhaul to ease CO2 pressure on industry July 24, 2026The European Commission (EC) has proposed an overhaul of the EU’s Emissions Trading System (ETS). Its announcement on Friday July 17th could result in industries being allowed to emit CO2 for long...
- Houthi blockade threat creates potential dual-chokepoint crisis July 24, 2026Dimitris Ampatzidis, Maritime Risk & Compliance Manager at Kpler, said on July 21st that a simultaneous and prolonged disruption of Bab al-Mandab and the Strait of Hormuz could affect maritime...