Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Romania shoots down two more drones off its coastline October 19, 2026Romanian F-16 fighter jets shot down two drones over the country’s territorial waters on Saturday October 17th, the country’s Ministry of Defence has said. The two drones entered Romanian .....
- Munich Re takes lead on International Group collective overspill layer: report October 19, 2026Munich Re has taken the lead position on the International Group of P&I Clubs’ $1bn collective overspill layer, The Insurer has reported, citing multiple sources, This layer was ....
- DF Peak detained in Réunion October 19, 2026Crude oil tanker DF Peak (IMO 9341067), which was intercepted and boarded by French forces on October 12th near Madagascar off the south-eastern coast of Africa (IMN October 14th ....
- Six-month waiver in India for new salvage & marine pollution response rules October 19, 2026India’s Directorate General of Maritime Administration (DGMA), Mumbai, confirmed late last week that it would be offering a six-month waiver until April 2027 its recently announced ....
- Lockton summary of non-IG Club marine insurers: Insure Marine Underwriting October 19, 2026Headquarters: Rotterdam, Netherlands Security: NNPC/North Standard S&P Rating ....
- US welcoming shadow fleet back into fold will make little difference to supply October 19, 2026The Swedish Club has implemented the official opening of its new office in New York City, which it said marked “an important step in the Club’s continued development across the ....
- Upgrading of long-running US / Spain dispute on port access October 16, 2026The US Federal Maritime Commission (FMC) has upped the ante on the dispute between the US and Spain over the latter’s refusal to allow certain US-flagged ships to stop in its ports ....
- Suez toughens transit terms for older ships October 16, 2026The Suez Canal Authority (SCA) has introduced mandatory inspections and trials for vessels aged 25 years and older. The new regulations require vessels to undergo a comprehensive ....
- UK’s MCA urges ships to prepare for life without reliable GPS October 16, 2026In Marine Guidance Note (MGN) 719, the UK’s Maritime and Coastguard Agency (MCA) has warned ship operators that interference across the Baltic, Black Sea, Middle East Gulf and .....
- Houthis promise more attacks on Saudi airports, oil facilities after hitting Aramco HQ October 16, 2026The Yemen-based separatist military movement known as the Houthis has developed its military capacity since the days in late 2023 when it began attack ships around coastal ....