Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Lorry driver protests in Argentina hit grain exports July 1, 2022The global crisis in food supply, with drought and political unrest disrupting production and supplies worldwide, suffered another hit this week after an Argentine lorry driver protest in .....
- Russia withdraws from Snake Island July 1, 2022Snake Island off the far south-west of Ukraine in the Black Sea and a final delineator of the Ukraine-Romania border, has been evacuated by Russian troops, which seized it in late February .....
- Contract talks at US West Coast ports going well, US Labour Secretary claims July 1, 2022Long-running talks in an attempt to reach a deal on a new contract between US west coast ports and employees' union representatives were progressing well, with no major sticking points .....
- Arctic island access dispute sees Russia threaten retaliation against Norway June 30, 2022Russia has said that restrictions imposed by Norway had been blocking the supply of goods to Russian-populated settlements on the Arctic archipelago of Svalbard ....
- US authorities make checks on oil tanker arrived from Russia June 30, 2022US authorities have prevented a tanker from unloading in New Orleans what they said Russian oil, the Wall Street Journal reported on Tuesday June 28th. The vessel was later identified on one ....
- EC backs Norway’s offshore oil and gas industry June 30, 2022The European Commission has executed a rapid change in energy policy and is now expressing strong support for offshore oil and gas E&P off Norway. Although the EU is a major consumer of .....
- Uninsured Black Sea gas platform launched off Romania June 30, 2022A new Black Sea offshore gas platform was officially launched off Romania on Tuesday June 29th, reportedly uninsured and uncovered for war risk, reports Reuters ....
- UK Club sees “frenetic” time for ship owners in lead up to December’s MEPC 78 June 30, 2022the months between now and MEPC 79 (scheduled for December 12th to 16th 2022) are expected to be nothing short of frenetic for ship owners, according to UK Club, which noted that the first .....
- FMC launches initiatives to improve ocean supply chain June 30, 2022The US Federal Maritime Commission has announced three new initiatives that will aim to assist US shippers and improve performance in the ocean supply chain. The new initiatives were the result .....
- Marine accident round-up : 30th June 2022 June 30, 2022Car carrier Angara (IMO 9124043) caught fire on June 25th in the Japan Sea when it was about some 55 nm north of Toyama, Honshu, Japan. The ship, which was loaded with second-hand cars, left ....