The Sounion, which was struck on August 21 and laden with about one million barrels of crude oil, was towed without an oil ...

War-risk insurance premiums have skyrocketed to as much as 2% of a vessel’s value for a single transit through the Red Sea. This steep increase reflects heightened concerns following several incidents ...

The foundations of deterrence theory lie in the Cold War writings of thinkers such as Thomas Schelling, who sought to ...

Following the fate of the FSO Safer, a mammoth oil tanker in the Red Sea, the film Speed of Rust is now available to watch on WaterBear, the impact storytelling ...

This picture shows a communication device on the ground as Lebanese army forces (not in the picture) prepare to destroy it in ...

following the attack on the Greek-operated Sounion tanker. Louise Nevill, UK CEO, marine, cargo & logistics, at broker Marsh, confirmed premiums of up to 2% for a single Red Sea transit amidst ...

The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are ...

Yemen’s Houthi rebels have claimed they shot down another American-made MQ-9 Reaper drone, with video circulating online ...

The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are ...

LONDON, Sept 19 (Reuters) - Broker Marsh and Lloyd's underwriter Tokio Marine Kiln (TMK) have set up business interruption ...

Oliver Tomac, of the Norwegian Shipowners’ Mutual War Risks Insurance Association (DNK), said the near-miss for the seafarer ...

The marine market is challenged by global warfare, supply chain breakdown and the complicated energy transition.