Opinion

‘Peace’ Deal Just Made Shipping More Expensive: Houthi Ceasefire & Iranian Seizure

This piece is by Saleem Khan, Chief Data & Analytics Officer, Pole Star Global; The maritime industry’s path forward demands continuous intelligence, flexible contracting, and recognition that regional ceasefires don’t guarantee unified de-escalation across Middle […]

Global insurance trends

Red Sea Tensions: Potential Claims & Losses Ahead?

Once again the Red Sea and Suez Canal are looking like expensive bottlenecks for the global supply chain & shipping sector. Delays on cargo deadlines, losses to shipping lines, wholesalers, manufacturers and of course insurers, […]

Opinion

Insights: Marine Risks in The Med, Suez & Beyond

Some thoughts on maritime insurance risks from Container Xchange, after the escalation of the Israel-Hamas conflict over the last week; The Israel-Palestine conflict, marked by recent violence between Israel and Hamas, has sent ripples through […]

Lloyd's/London Market

Latest UK P&I Club Statement on Ever Given

The latest from the UK P&I Club on the Ever Given grounding: The UK Club welcomes the Suez Canal Authority’s (SCA’s) announcement during their press conference on 30 May 2021 that they are reassessing their […]

Global insurance trends

Self-Driving Ships Could Be a Very Good Idea

Leading classification society ClassNK has begun joint investigative research with Sompo Japan Insurance Inc. (hereinafter referred to as Sompo Japan) on risk assessment of autonomous ships. Global efforts are accelerating toward the practical use of […]