Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- UK sanctions four Russian LNG tankers, two insurers, several oil tankers June 18, 2026The UK on Tuesday June 16th imposed sanctions on four LNG tankers linked to Russia’s Arctic LNG 2 project, becoming the first G7 country to target the latest vessels that had been ....
- QatarEnergy says it is ready to restart LNG output June 18, 2026QatarEnergy has said that it is ready to resume the production of LNG at its Ras Laffan plant almost immediately, and that within a month it could reach full output from facilities ....
- Captain of sanctioned tanker is charged in UK June 17, 2026Indian national Ajay Pant, 38, the captain of tanker Smyrtos (IMO 9389100) detained by British authorities in the English Channel during a high-profile operation targeting ....
- Rubio defends Iran blockade enforcement action after three Indian seafarers killed by US attack June 17, 2026US Secretary of State Marco Rubio has been justifying the US military’s enforcement of the Iranian blockade after India lodged a formal protest over attacks that killed three Indian ....
- Turkish cruise ship Gemini facing increasing difficulties June 17, 2026Problems are continuing to accumulate for the small Turkish cruise ship Gemini (IMO 9000687), which has been detained in Greece for more than six months. Last week a Greek court ....
- LNG tanker passes Hormuz after US-Iran agree deal, but shippers remain cautious June 16, 2026An LNG tanker, the Disha (IMO 9250713), which had been trapped in the Persian Gulf since the beginning of March, was traversing the Strait of Hormuz early on ....
- Shipowners in Japan say they await details on Hormuz reopening, mine clearance June 16, 2026While Japanese shippers welcomed on Monday news of the US-Iran peace “agreement” (full details to follow) which both sides said would reopen the Strait of Hormuz, although the two ....
- Panama registry losing ships amid US-China disputes June 16, 2026The Panama Ship Registry for many years has negotiated most of the complexities of international politics by adopting a studied neutrality, emphasizing the global nature of shipping ....
- Skuld provides updates on performance, reduces 2025 release call June 16, 2026At its meeting in Copenhagen, Denmark on June 12th 2026, the Skuld Committee was provided with an update from the management of the Association. The Committee noted the positive ....
- UK armed forces board Russian shadow fleet tanker June 15, 2026A crude oil tanker in the English Channel was boarded by UK armed forces in the early hours of Sunday morning. In an operation lasting six hours, Royal Marine Commandos and specially .....