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.
- Third ship attacked by US military in Gulf of Oman June 12, 2026Another Indian-crewed tanker has been hit off Oman in the third US strike this week. US Central Command (CENTCOM) said that one of its aircraft used two Hellfire missiles to disable the ....
- US confirms attack on tanker that probably killed neutral seafarers June 12, 2026The US military has confirmed that it attacked an oil products tanker, identified elsewhere as the Settebello (IMO 9162916) (see yesterday’s IMN). The vessel issued a distress call ....
- Piracy attack attempt north of Somalia June 12, 2026In what seems certain to have been another attempted piracy attack in the region of Somalia, the master of an unnamed cargo ship reported to UK Maritime Trade Operations (UKMTO) that a ....
- Iran declares Strait of Hormuz closed to all vessel traffic June 12, 2026Iran and the US have traded strikes and counterstrikes over the past 72 hours, with Wednesday night seeing US strikes on three parts of the Iranian mainland, including the port of ....
- Lancashire Insurance US expands product portfolio, announces new appointments June 12, 2026Lancashire Insurance US has announced three new appointments alongside the expansion of its product portfolio. It has begun three new classes of business: financial, inland marine ....
- OFAC publishes new sanctions framework for Venezuelan exports of oil, gas and minerals June 12, 2026The US Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday June 9th issued updated versions of seven Venezuela-related general licences covering oil exports ....
- Venezuela’s oil exports rose in May June 12, 2026Even before the latest move by OFAC to ease the regulations around doing business in Venezuela (se previous story) the country’s oil exports were on the rise. They increased, albeit ....
- More Saudi jet fuel is reaching Europe now than it did before outbreak of current Iran conflict June 12, 2026Saudi Arabia will deliver more jet-fuel to Europe in June than it did in January and February, when the Strait of Hormuz was still fully open. Data from shipping trackers Kpler ....
- Norway puts offshore wind under review, but UK will put offshore wind lease up for re-bidding June 12, 2026The UK’s Crown Estate, which manages all of the country’s offshore assets, has announced that it plans to launch a new competitive bid for a lease in the Irish Sea. This comes just a ....
- Volunteers raise issue of pollution danger after Fastnet grounding June 12, 2026An investigation by Radio Kerry into pollution risks surrounding the response to the grounding of the Fastnet late last year led to several departments in turn referring the ....