North Sea Ship Collision Could Cost Insurers up to $100M, Hitting Marine Line Profits March 13, 2025 By L.S. Howard The collision of a cargo ship and a fuel tanker off the eastern coast of England in the North Sea...
Baltic Sea Countries to Check Insurance on Tankers Moving Russian Oil December 16, 2024 By Ewa Krukowska, Alberto Nardelli and Sanne Wass Twelve European countries are set to clamp down on tankers that move millions of barrels of Russian petroleum around the...
Crawford Launches Logistics and Freight Division in Singapore October 2, 2024 Crawford & Company is launching a Logistics, Transportation, and Freight services division that the company says is aimed at enhancing...
U.S. Warns Allies Russia Seeking to Disrupt Cargo Shipping Firms September 20, 2024 By Alberto Nardelli, Jenny Leonard and Natalia Drozdiak The U.S. has warned its allies that Russia is targeting cargo shipping companies as it seeks to disrupt Ukraine’s partners,...
U.S. Sues Ship Owner, Operator Over Baltimore Bridge Collapse September 18, 2024 By Chris Strohm The U.S. sued the owner and the operator of a Singapore-flagged ship that rammed into a Baltimore bridge in March,...
Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk September 17, 2024 By Alex Longley Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers...
Cargo Theft Increases Heading into Labor Day Holiday, Report Shows August 30, 2024 While workers are taking a break to celebrate a holiday that honors labor, crooks will be laboring to take advantage...
The White House Wants $4B to Rebuild Key Bridge in Baltimore And Respond to Other Disasters July 1, 2024 By Seung Min Kim The White House is seeking roughly $4 billion in additional emergency funding from Congress for costs related to the collapse...
Insurer Chubb Prepares to Pay $350M in Baltimore Bridge Collapse May 2, 2024 By Niket Nishant Chubb, the insurer of Baltimore’s Francis Scott Key Bridge that collapsed in March, is preparing to make a $350 million...
Bridge Disaster in Baltimore Gets FBI Criminal Investigation April 15, 2024 By Chris Strohm The US has opened a criminal investigation into what occurred on a cargo ship before it crashed into Baltimore’s Francis...