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.
- MSC vessel hit twice in Persian Gulf June 3, 2026The Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for a cruise missile strike on what it described as the ‘US-owned’ containership MSC Sariska V (IMO 8715857) ....
- Pen Underwriting adds to yacht capacity June 3, 2026International MGA Pen Underwriting has announced an expansion of its specialist marine practice, with a 50% increase in yacht hull limit to USD / EUR 15m, effective .....
- IMO’s Dominguez says “still too risky” to move seafarers out of Persian Gulf June 3, 2026The current situation in the Persian Gulf and Strait of Hormuz remains too risky to move the thousands of sailors stuck in the Gulf, according to IMO secretary-general ....
- Dali trial delayed, again June 3, 2026US federal district court judge James Bredar has, with some reluctance and frustration, agreed to a further delay to the opening arguments in the civil trial related to the March 2024 ....
- CINS guidelines for the carriage of cocoa butter in freight containers June 3, 2026The Cargo Incident Notification System (CINS) has released new guidelines for the carriage of cocoa butter in freight containers. The guidance provided seeks to apply the principles ....
- UK extends emissions trading scheme to cover domestic shipping activities June 3, 2026From July 1stthe UK will extend its Emissions Trading Scheme (ETS) to include domestic shipping activities. Although it is similar to the European Union Emissions Trading System ....
- South Korea says attack on HMM Namu in Strait of Hormuz was probably an Iranian missile June 3, 2026South Korea’s Foreign Ministry said on Wednesday May 27th that an attack on bulk carrier HMM Namu (IMO: 1039292) in the Strait of Hormuz earlier this month most probably involved ....
- Fuel shortages raise concerns over fuel tank levels on car carriers June 3, 2026The conflict in the Middle East and resulting fuel shortages have led to questions within the shipping industry about whether vehicles transported on car carriers can be shipped with ....
- Mounting Hormuz losses are beginning to reshape reinsurance pricing, says Howden Re June 3, 2026Reinsurance broker Howden Re’s latest analysis of the situation in the Persian Gulf, Strait of Hormuz and Gulf of Oman has warned that accumulating losses across marine, energy and ....
- KiwiRail fined over June 2024 incident that was said to have endangered passengers June 3, 2026New Zealand has ordered inter-island RoRo ferry operator KiwiRail to pay a fine of NZ$400,000 (US$235,000) after it was found to have endangered the safety of passengers ....