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Cargo

Marine Cargo Insurance

Covering the latest cargo and freight related insurance news and analysis from across the globe.

  • CMA CGM ship hit by missile in Hormuz strait may go for scrapping, CEO says July 6, 2026
    The container ship CMA CGM San Antonio (IMO 9294173), which was struck by a missile in the Strait of Hormuz in early May (IMN May 6th) has been so badly damaged that Marseille-based .....
  • Saudi Aramco increases exports from Ras Tanura and switches to spot sales July 6, 2026
    At least five VLCCs with a combined 10m barrels of Saudi oil that was loaded from Ras Tanura have exited the Strait of Hormuz, according to reports, citing trade sources and ....
  • Iran plans possible oil sales to Japan as buyers seek an extended sanctions waiver July 6, 2026
    Iran has begun talks with Japanese companies under the temporary US sanctions waiver allowing it to resume oil sales ....
  • Marine round-up : 6th July 2026 July 6, 2026
    Crude oil tanker James II (IMO 9253909) which was heavily damaged in a drone attack on May 28th, (IMN May 29th) was towed through the Bosphorus on July 2nd, heading for the shipyard area ....
  • US-Iran ‘indirect’ talks conclude in Doha; Strait of Hormuz the focus July 3, 2026
    Negotiators for Iran and the USA spent two days in Doha in ‘indirect technical talks’ discussing maritime traffic in the Strait of Hormuz and the unfreezing of funds previously ....
  • Armed boarders damage merchant ship off Yemen July 3, 2026
    A merchant vessel was boarded illegally by armed personnel off Yemen on Wednesday July 1st. The UK Maritime Trade Operations (UKMTO) organization issued a fresh warning to vessels in the ....
  • NorthStandard correspondent warns on Amazon River drought July 3, 2026
    Marine insurer and Group Club NorthStandard has noted that the Amazon River and its tributaries continued to endure record-low water levels. This meant that ports in the region were ....
  • BMS London Market report: Hull conditions and war risks: the Strait of Hormuz July 3, 2026
    Joshua Robertson, director, North American Marine, has written in BMS’s just published report on Marine Insurance in the London Market that, given the amount of justified market attention ....
  • Marine round-up : 3rd July 2026 July 3, 2026
    Belgium-flagged inland vessel Alcatraz (MMSI 205567990) ran aground during the morning of July 1st on a groyne near the Bergstoep No. 46 in Streefkerk. It was listed as ....
  • Russia is now importing refined oil products July 2, 2026
    Russia has started imports of gasoline from India, reports Reuters, citing two unnamed industry sources on Wednesday July 1st ....

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