SHANGHAI (Reuters) - China's insurance regulator estimates the payout in the fatal Yangtze cruise ship capsizing last week, which killed more than 400 people, at around 92.5 million yuan ($14.91 ...
The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the region forced some ships to avoid the vital waterway, underscoring the need to secure an ...
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty ...
The marine insurance world is facing a new and serious concern — the growing threat of GPS spoofing. This is a trick where false signals are sent to a ship’s GPS system, causing it to believe it’s in ...
Iranian forces' threat to ships in the crucial Strait of Hormuz has driven up payments for the insurance that underpins the world freight industry. Here are facts and figures about how maritime ...
With the Strait of Hormuz shut for an extended period by the Iran war, domestic ship insurance premiums have jumped by more than 1,000% at the peak. This is feeding into higher freight rates, ...
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