Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Malacca and Singapore Straits see increase in armed robberies in 2025 January 12, 2026There were 132 incidents of piracy and armed robbery against ships in Asia reported to ReCAAP Information Sharing Centre (ISC) in 2025, with the highest number of incidents recorded in the .....
- Finnish customs completes Fitburg cargo investigation January 9, 2026The Finnish Customs authority has completed its preliminary investigation into a possible sanctions violation regarding the cargo ship Fitburg (IMO 9250397) which is suspected of causing a ....
- Suez Canal transits still 60% down, says BIMCO January 9, 2026More than three months after the last attack on a ship by the Houthis in the Red Sea or Gulf of Arabia, traffic through the Suez Canal remained 60% below the corresponding week in 2023 .....
- US Energy department plans selective removal of Venezuelan sanctions January 9, 2026The US Energy Department said on Wednesday January 7th that it would begin removing sanctions – selectively – to allow Venezuelan oil to be shipped and sold into global ....
- Appeals Court suspends Hawaii’s “Green Fee” for cruise ships January 9, 2026Hawaii’s proposed environmental fee on hotels, short-stay rentals and cruises was paused by an Appeals Court on New Year’s Eve, just hours before it was scheduled to come into ....
- Washington says Venezuela agrees to export $2bn worth of oil to US January 8, 2026The US administration has said that Venezuela has agreed to a deal that could allow up to $2bn-worth of Venezuelan crude to be shipped to the US. President Trump said on Tuesday January ....
- US seizes Marinera in North Atlantic, and Sophia in Caribbean January 8, 2026The oil tanker Marinera (IMO 9230880) formerly known as Bella 1 and sailing under a Russian flag, has been seized by US forces in the North Atlantic. Also seized, in the Caribbean, was the ....
- Venepandi updates on situation in Venezuela January 8, 2026Local correspondent Venepandi has sent West P&I an update and assessment of the current situation in Venezuela. With reference to port monitoring and logistics, Venepandi said that ....
- LNG remains alternative fuel of choice: Clarksons Research January 8, 2026In its latest Green Technology Tracker Clarksons Research has included full year 2025 data points, charting the progress of alternative fuel uptake and investments in energy saving ....
- Conflicts, costs, uncertainties continue to loom large for Group Clubs January 8, 2026NorthStandard’s podcast “Path to 2026 – Claims, Growth & Renewal, featured: • Jeremy Grose - Managing Director, ....