Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Japan Club says renewal environment was difficult, thanks its members March 30, 2023Japan Club has expressed its “deepest appreciation” to all its Members for the 2023 policy year renewal. Hiroaki Sawabe, Executive Director at Japan Club reported that “the business .....
- The Swedish Club announces three new management roles March 30, 2023International Group member The Swedish Club has announced three new roles which it said would “position the Club to anticipate and meet the changing demands of its members and .....
- South and Central America – Drug Smuggling March 30, 2023Dean Crossley, Loss Prevention Manager at West P&I, has written a detailed article on drug smuggling from South and Central American countries, which he noted had been a significant .....
- National policies needed to ensure reliable supply chains, says ITF March 30, 2023“Opportunities for Seafarers and National Maritime Policies: Navigating Beyond the Chaos of the Pandemic,” a new report from the International Transport Workers’ Federation has emphasized ....
- Ships continue to be targeted by drug smugglers in Mexico March 30, 2023Correspondent P&I Services Mexico has said that there had been a notable increase in the number of narcotics-related incidents in Mexican east coast ports ....
- Arctic shipping could soon be hit by a lack of dredgers March 30, 2023The expansion of shipping in the Russian Arctic will require large-scale dredging, reports High North News. However, as a result of sanctions against Russia the western dredging operators .....
- Pirate attack in Gulf of Guinea March 29, 2023Months of relative calm in the Gulf of Guinea came to an end on March 25th/26th when an unknown number of pirates boarded a product tanker, tentatively identified as the Monjasa Reformer .....
- Spain tightens rules on STS oil transfers March 29, 2023Spain has toughened its restrictions on ship-to-ship oil transfers after experiencing a significant increase in the number of such transfers along its coastline .....
- Spain urges LNG importers to sever associations with Russia March 29, 2023Spain, which has been the biggest European buyer of liquefied natural gas (LNG) from Russia, has asked importers not to sign new contracts with the sanctioned country .....
- Russia’s diesel exports to Brazil, Turkey and Africa look set to reach new highs March 29, 2023Russia looks likely to reach record highs this month for its diesel and gasoil exports to Brazil, Türkiye and Africa, reported Reuters, citing traders and Refinitiv data .....