Insurance Clubs to Halt Ship War-Risk Cover in Persian Gulf March 2, 2026 By Weilun Soon, Alex Longley and Leonard Kehnscherper While cover for vessels is available from other providers, several market participants said costs for that had increased by at...
DAE, AXA Clinch Deal as UK Battle Over Jets ‘Lost’ in Russia Kicks Off October 3, 2024 By Kirstin Ridley and Sam Tobin Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the...
As Ukraine Evacuates Trapped Seafarers, Foreign Mariners Count Cost of War March 7, 2022 By Jonathan Saul and Ruma Paul LONDON/DHAKA —Bangladeshi seafarer Asiful Islam recalls the moment when a missile struck his cargo ship last week off the Ukrainian...
UN Shipping Agency Calls Special Ukraine Meeting Amid Safety Fears March 4, 2022 LONDON —The International Maritime Organization (IMO) will convene a special meeting next week to discuss the risks to seafarers and...