Countries Seek UN Meeting Over Shipping Dangers After Ukraine Invasion March 3, 2022 LONDON/ATHENS —Over 15 countries have called for a special meeting with the UN’s shipping agency to discuss the safety of...
Shipping Delays May Spoil Food, Medical Shipments to Russia, Maersk Says March 2, 2022 COPENHAGEN —Shipments of foodstuffs and medical supplies to Russia risk being damaged or spoiled due to significant delays at ports...
Insurance Costs of Shipping Through Black Sea Soar February 25, 2022 By Jonathan Saul LONDON —Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates...
Europe Storms: Ships Collide Off Dutch Coast; Crew Evacuated February 1, 2022 By Mike Corder THE HAGUE, Netherlands (AP) — Rescue helicopters evacuated all 18 crew members from a ship that was left drifting rudderless...
Expect More Shipping Chaos as Omicron Forces Transport Workers to Quit December 28, 2021 By K. Oanh Ha and Ann Koh From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure...
Insurance industry Joins Push to Decarbonize Global Shipping December 16, 2021 LONDON– Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of...
No Coverage Owed for $1.2 Million Loss Caused by Gold Coin Shipping Scam December 7, 2021 By Jim Sams A Dallas gold coins dealer cannot evade a fraudulent check exclusion in its insurance policy by putting the onus on...
Maersk Suspends Five Crew Members as it Investigates Alleged Sexual Assault October 14, 2021 COPENHAGEN — The world’s largest shipping firm A.P. Moller-Maersk has suspended five employees as part of an investigation into an...
Global Supply Disruptions Could Still Get Worse, Central Bankers Warn September 30, 2021 By Balazs Koranyi and Francesco Canepa FRANKFURT –Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike...
As Ida Leaves Gulf, Analysts Foresee Modest Economic Damage August 31, 2021 By Martin Crutsinger WASHINGTON (AP) — With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure...