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.
- West to apply 5% General Increase; says that inflationary pressures persist November 6, 2026West P&I Club will apply a 5% General Increase for the 2027/28 policy year as it warned of “challenging conditions across the portfolio”. Churn was “likely to weigh on premium levels ....
- Panama Canal to name shortlisted bidders for terminal project by year-end November 6, 2026The Panama Canal expects to announce the pre-qualified bidders for a new terminal project by the end of the year, administrator Ilya Espino said on Wednesday November 4th ....
- Tanker hit by drone attack in Black Sea breaks towline November 6, 2026Oil products tanker Mentor (IMO 9340374), which was damaged in September by a Russian attack, broke free of its tow, leading to an SAR operation and efforts to regain a link ....
- Equinor North Sea platform temporarily closed after electrical fire November 6, 2026Norway’s Equinor has shut down production at its Visund oil and gas platform in the North Sea following a fire in an electrical switchboard room at around 11:00 local time on ....
- EU Court of Justice upholds restrictions on Russian Maritime Register November 6, 2026The Court of Justice of the European Union has upheld most of the restrictive measures the European Council had imposed against the Russian Maritime Register of Shipping .....
- OFAC takes aim at fraudulent ship registries November 6, 2026The US Office of Foreign Assets Control (OFAC) on Wednesday November 4th sanctioned a network of individuals and companies that it accused of operating fraudulent ship registries ....
- New Jersey Governor warns ports against handling Russian diesel November 6, 2026Rebecca ‘Mikie’ Sherrill, Governor of New Jersey, has warned port and terminal operators not to accept Russian diesel shipments heading toward the US East Coast. She said that the .....
- Mein Schiff 3 enters yard for repairs November 6, 2026Following its collision with the containership MSC Victorine (IMO 9946867) on October 25th in the port of Bremerhaven, Germany (IMN October 27th, 30th), cruise ship Mein Schiff 3 ....
- New investigation announced by MAIB November 6, 2026The investigations table of the UK’s Marine Accident Investigations Branch (MAIB) has been updated to list a preliminary assessment into a crew member’s fall on board the Isle of ....
- Marine round-up : 6th November 2026 November 6, 2026Allianz Commercial has revealed plans to establish Allianz Commercial 1893, a new direct underwriting syndicate at Lloyd’s, which is expected to begin trading from ....