Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Ariel Re to launch managing agent at Lloyd’s October 5, 2022Ariel Re has obtained regulatory approval to launch a Managing Agent at Lloyd's of London. The new managing agency, Ariel Re Managing Agency (ARMA), will assume the management of .....
- EU could exempt pilotage services from Russian oil ban October 5, 2022The European Union’s preparations for a ban on Russian oil imports beginning this December have not run completely smoothly. This week Greece, Cyprus and Malta were reported to be unhappy .....
- Water rises on Rhine, shipping loads back to normal October 5, 2022Heavy rains in the past week in Germany have meant that water levels on the Rhine have risen sharply, returning to normal levels and enabling cargo ships to sail fully loaded, vessel brokers .....
- Windward snaps up three new Greek customers October 5, 2022Maritime artificial intelligence company Windward has signed three partnerships with Greek shipping companies: Ortsa Marine, a shipbroking company, Goldenport, a ship management company ....
- Norwegian Cruise Line in talks with NYC over using cruise ship to house migrants October 5, 2022The deployment of older and under-utilized cruise ships to house migrants looks set to spread from Europe to the US, with New York City and Norwegian Cruise Line in discussions about a .....
- Fifth UN-chartered ship to deliver Ukrainian wheat to Somalia, says ministry October 5, 2022Bulk carrier New Island (IMO 9258349), the fifth vessel chartered by the United Nations World Food Programme (WFP), has arrived at the Ukrainian Black Sea port of Chornomorsk and will .....
- Indonesian navy denies it requested payments to release ships October 5, 2022Senior officers of the Indonesian Navy met with media late last month to deny reports of officers soliciting payments from tankers being detained in Indonesian waters .....
- Europe scrambles to defend underwater infrastructure October 4, 2022Western and Central European countries have been taking rapid action to defend what they perceive as a growing threat to the region’s critical infrastructure. Italy’s Defence Minister .....
- Russia says restoration of Nord Stream pipelines is possible October 4, 2022The restoration to service of the ruptured Nord Stream pipelines was technically possible, according to Russian Deputy Prime Minister Alexander Novak. He said on Sunday October 2nd .....
- UK to acquire one specialist ship, build another, for underwater protection October 4, 2022The UK is to acquire two specialist ships that will be used to protect underwater infrastructure such as cables and pipelines, UK Defence Minister Ben Wallace said on ....