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 –Wednesday August 12th 2026 August 12, 2026Insurance Marine News –Wednesday August 12th 2026
- Iran and Trump now both want compensation from the other side August 12, 2026President Trump said on Monday August 10th that Iran would have to pay compensation for those it had killed and wounded during the recent conflict, while Iran had made any reopening of the SoH...
- Bab al-Mandab “more active” last week than SoH August 12, 2026Transits of the Bab al-Mandab strait at the south-eastern end of the Red Sea were busier than those of the Strait of Hormuz. Crossings totalled 226 from August 3rd to 9th, compared to 84 through...
- Energos Winter is refloated successfully in Egyptian port August 12, 2026The Damietta Port Authority in Egypt has announce a successful refloating and towing by tugs (to the outer anchorage area) of LNG offshore processing unit / FSU Energos Winter (IMO 9256614) follow...
- Hormuz traffic falls to six vessels on Monday August 10th August 12, 2026Shipping traffic through the Strait of Hormuz on Monday consisted of only six vessels, according to Kpler analysis, the same as the day before, but five fewer than the 10-day rolling average...
- Colombian earthquake closes port August 12, 2026A magnitude 7.4 earthquake hit Colombia at 07:34 local time (12:34 GMT) on Monday August 10th, with its epicentre near San José del Palmar, Chocó department, on Colombia’s Pacific coast. The epi...
- Delivery failure cover launched by Blenheim Partnerships August 12, 2026Blenheim Partnerships, part of the White Bear Group, has announced the launch of “a new-build delivery failure insurance solution” that it is calling Knot-on-Time. The product offers protection to...
- US sends seized shadow fleet tankers for scrap August 12, 2026The US has begun disposing of the old tankers that it seized during its campaign against ships carrying oil from sanctioned countries. Vessels linked to the networks dealing with Russia, Iran and...
- Oman says Caroline Bezengi oil spill covers 400 square kilometres August 12, 2026An oil slick off the coast of Oman now covers about 150 square miles (390 km/sq), Oman’s government said on Monday August 10th, a result of the damage suffered by the Caroline Bezengi (IMO 9224439)...
- Trump extends Jones Act waiver for 90 days, but narrows scope August 12, 2026President Trump has extended the administration’s Jones Act waiver for another 90 days (from August 17th), but organized lobby opposition has meant that louder questions are being asked about its...