Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Yemen’s Houthis deny plans to impose fees on ships sailing through Red Sea August 3, 2026The Houthi-run Humanitarian Operations Coordination Centre (HOCC), which oversees vessel movement through the Bab al-Mandeb Strait. It said its “safe transit service” ....
- Hapag-Lloyd announces temporary suspension of feeder calls to Ukraine August 3, 2026Citing the continued deterioration of the security situation, Germany-based shipping line Hapag-Lloyd announced on July 31 that feeder operators had suspended calls to the ....
- Low water levels in European rivers having economic impact August 3, 2026Record low water levels in Europe’s major rivers have reduced the transport of goods, cut electricity output and hurt company earnings ....
- South Korea refiners are considering imports of Venezuelan crude, association says July 31, 2026South Korea’s four refiners are considering importing Venezuelan crude oil in order to diversify their supply sources an official at the Korea Petroleum Association said .....
- Ukrainian drones damage Russian grain export terminal on Kerch Strait, source says July 31, 2026A Ukrainian drone attack has inflicted “significant damage” on a major grain export terminal at Russia’s Taman port on the Kerch Strait linking the Black Sea and Sea of Azov ....
- Saudi Arabia seeks Red Sea international coalition; reports July 31, 2026The Kingdom of Saudi Arabia is exploring the possibility of constructing an international coalition that would to protect shipping in the Red Sea from attacks by Yemen’s ....
- US sanctions two Iranian “insurers” for Hormuz monetization July 31, 2026The US on Wednesday July 29th published another round of Iran-related sanctions which targeted what it described as Iran’s efforts to “monetize the Strait of Hormuz”. It designated ....
- Three Russian Black Sea terminals restrict grain intake by truck; report July 30, 2026Risks to Russian shipping in the Black Sea have led three Russian terminals to limit the amount of grain being brought in by road and rail, reports Reuters shipping risks, citing .....
- Maritime arbitration in numbers: London rebounds as Singapore and Hong Kong maintain momentum July 30, 2026The just-released seventh edition of law firm HFW’s “Maritime Arbitration in Numbers: London Rebounds as Singapore and Hong Kong Maintain Momentum”, provides a comparative ....
- BIMCO publishes new biofuel clause for time charter parties 2026 July 30, 2026Shipping organization BIMCO has developed the Biofuel Clause for Time Charter Parties 2026, giving owners and charterers a dedicated contractual framework for the supply ....