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 – Friday August 14th 2026 August 14, 2026Insurance Marine News – Friday August 14th 2026
- Ruling gives guidance on the meaning of the “unforeseeability” in force majeure clauses August 14, 2026In the case of ADM Industries Centers Ltd (trading as ADM Israel) v Inerco Trade SA [2026] EWHC 1873 (Comm), the High Court has overturned a GAFTA Board of Appeal decision. It ruled that reliance on..
- Getting ready for the 2026 PSC CIC: A focus on cargo securing August 14, 2026Swedish Club has noted that the Tokyo MoU and Paris MoU joint Concentrated Inspection Campaign (CIC) on Cargo Securing of Cargo Units and Cargo Transport Units will begin on September 1st and last...
- Unapproved “hot work” the cause of fatal New York sludge tanker explosion: NTSB August 14, 2026An unauthorized use of a propane torch on deck triggered an explosion aboard New York City municipal sludge tanker Hunts Point in May last year, according to a report from the US National Transpor...
- Caroline Bezengi oil spill reaches land, still expanding August 14, 2026UK-based maritime risk and response company Ambrey said yesterday that it had been engaged in the salvage of stricken tanker Caroline Bezengi (IMO 9224439), which is leaking oil off the Omani coast...
- Likelihood of Hapag-Lloyd’s proposed $4.2bn Zim acquisition looks to be falling August 14, 2026Israeli authorities are questioning whether the proposed New Zim can meet national strategic requirements, even after extensive concessions. In July a number of Israeli ministers came out in oppo...
- War risk developments see Group Clubs announce changes to cover on fixed premium products August 14, 2026Gard, Japan Club, West, London Club, NorthStandard, Swedish Club, Shipowners’ Club, Steamship Mutual and UK Club have all announced a Notice of Cancellation for war risks after they received NoCs...
- South Korea plans NSR proof of concept August 14, 2026South Korea is planning its first demonstration trip along the Northern Sea Route later this month. The government and the shipping industry are supporting the trip, which will be operated by a...
- Round Up – Friday 14th August 2026 August 14, 2026The UK Marine Accident Investigation Branch (MAIB) said that it had undertaken a preliminary assessment into the circumstances of the death of a crew member from passenger vessel Hebridean Princess...
- Welcome to the Arctic Silk Road August 14, 2026Chinese shipping company Sea Legend Line is set to launch a container route that will traverse Russia’s Northern Sea Route (NSR). It is being touted as the first regular container service using the...