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.
- Iranian container ship intercepted by US forces in Gulf of Oman April 20, 2026US forces intercepted Iran-flagged container ship Touska (IMO 9328900) during the evening (local time) of Sunday April 19th. The ship was intercepted in the Gulf of Oman by the USS Spruance....
- Hormuz sort of opens, for a day, then closes some more April 20, 2026An “Open Hormuz” statement on Friday from the Iranian foreign minister Abbas Araghchi was initially welcomed with widespread relief and a huge drop in the price of Brent Crude, but the reaction was...
- OFAC extends Russian oil waiver April 20, 2026The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 134B, “Authorizing the Delivery and Sale of Crude Oil and Petroleum Products of...
- James Sanzone appointed Head of Marine Cargo at Munich Re Specialty, North America April 20, 2026Global reinsurer Munich Re has announced the promotion of James Sanzone to Vice President, Head of Marine Cargo at Munich Re Specialty – North America (MRS-NA). In his new role, Sanzone will ...
- High cost of diesel sees more emergency fuel surcharges April 20, 2026Germany based shipping line Hapag-Lloyd announced on Friday that, due to ongoing volatility in international energy markets, diesel prices had experienced increased fluctuations. As diesel repre...
- London Club warns that owners need to examine scope of their war risk cover April 20, 2026Shipowners and brokers need to take greater consideration of the scope of their war risk cover, according to Ben McKeith, Senior Underwriter at the London P&I Club. He noted that the number of war...
- Europe could send multinational mission to help make Strait of Hormuz safe to transit April 20, 2026With the problems of supply gradually mounting in Europe, its leaders last week discussed in more than broad brush terms the possibility of a multinational mission to secure commercial shipping...
- Syndicate Results 2025 #17 Aegis Syndicate 1225 April 20, 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, IMN is...
- Five cruise ships escape Persian Gulf after being trapped for 47 days April 20, 2026Taking advantage of the relative calm with the current ceasefire and reports that the Strait of Hormuz was open, five of the six cruise ships that had been caught in the Persian Gulf when...
- Six missing after US cargo ship overturns during passage of Typhoon Sinlaku April 20, 2026A small US- flagged cargo ship that went missing off the coast of Saipan, north of Guam in the Pacific Ocean, during the passage of Super Typhoon Sinlaku, has been found overturned. The six crew...