The Lloyd's of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even...
shipping News
Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according...
Importers across the Gulf are scrambling to secure alternative routes for vital goods – from food to medicines and factory...
The firm will underwrite and issue policies as part of the Trump administration's initiative to offer maritime reinsurance. Other insurers...
London-based ship reinsurers are canceling coverage and demanding 200% more to reinstate policies, after a U.S. sub sank an Iranian...
The Lloyd's of London market is engaging with the U.S. government over a plan to provide political risk insurance and...
President Donald Trump said the U.S. would provide insurance guarantees and naval escorts to ensure safe passage for oil tankers...
The Iran conflict has thrust container shipping from an industry bracing for a capacity glut to another potential “black swan”...
Container ships account for roughly 100 of the 750 ships backed up around the Strait of Hormuz following U.S. and...
While cover for vessels is available from other providers, several market participants said costs for that had increased by at...