Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Muted enthusiasm from London market for FCA’s simplified insurance rules December 10, 2025London insurance market organizations’ responses to the simplified insurance rules announced yesterday by the Financial Conduct Authority (FCA) could kindly be termed a “cautious welcome” .....
- Brazilian court recommends auction of Santos terminal December 10, 2025In a decision that was seen as a setback to the ambitions of Denmark-based Maersk, Switzerland’s MSC and others already operating container terminals in the port, the Federal Audit Court ....
- Benin political unrest December 10, 2025Correspondent BUDD Benin has reported that, following a failed coup d’état on Sunday December 7th, security had been reinforced around key government buildings and the presidential palace ....
- Skuld reports $460m premiums for 9mo 2025/26 December 9, 2025Norway-based marine insurer and International Group P&I Club Skuld has reported gross earned premium ended for 9mo 2025/26 of $460m, up $35m compared to the same period last year ....
- New rules introduced for vessels calling at Russian ports December 9, 2025American Club has advised members that, because of a number of incidents where vessels calling at Russian ports had suffered from proximity mines, as of November 25th 2025 Russia has ....
- Winter ice blocks Arc4-class Buran from reaching Arctic LNG2 December 9, 2025Russia’s shortage of Arc7-ice class vessels is having a measurable impact on the ability of the Arctic LNG 2 site to export LNG during the six months of the year when the ice becomes too ....
- Holyhead Port forced into closure over weekend after berthing accident December 9, 2025The port of Holyhead in Anglesey, one of the busiest in the UK and an important link between motor cargo traffic between Ireland and the rest of Europe, was forced to close at the weekend ....
- Hapag-Lloyd say return to Suez will be gradual December 8, 2025Hapag-Lloyd CEO Rolf Habben Jansen said late last week that the Hamburg-Germany-based shipping line, along with the rest of the sector, had not set a specific timeline for when the .....
- Agreement reached on new German seafarer wage contracts December 8, 2025German shipowners, the industry association VDR and trade union ver.di have said that a fair agreement had been reached for a new contract for German seafarers. An agreement was reached .....
- Taiwan amends rules on high-risk tonnage December 5, 2025Taiwan is amending its Law of Ships regulations. Ship operators could face fines of up to NT$10m ($318,000) for vessels failing to maintain accurate identification. Henceforth all ships entering,,,