Global Shipping Still Reeling from Cyber Attack; Insurers Warn of Coverage Gaps June 30, 2017 By Jonathan Saul Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the...
UK P&I Clubs Consider Opening EU Outposts in Preparation for Brexit February 24, 2017 By Jonathan Saul and Carolyn Cohn U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing...
Gaps in Insurance Cover Expose Shipping Firms to Cyber Risks January 12, 2017 By Jonathan Saul and Carolyn Cohn Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved...
Western Insurers Slowly Re-Enter Deals with Iran – a Market Valued at $9B October 21, 2016 By Jonathan Saul and Carolyn Cohn Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace...
International Shipping Lanes Could Be at Risk from Escalating Yemen Conflict October 11, 2016 By Jonathan Saul Missile attacks from Yemen on Western military craft risk spilling over into nearby busy sea lanes which could disrupt oil...
‘Brexit’ May Threaten UK Shipping, Marine Insurance Sectors April 6, 2016 By Jonathan Saul If Britain votes to leave the European Union, the country’s shipping sector faces years of disruption as trade agreements get...
P&I Clubs Plug Shortfall in Iran Oil Cover; US Reinsurers Still Barred by Sanctions March 23, 2016 By Jonathan Saul and Osamu Tsukimori Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact...
Thawing Arctic Ice Creates New Environmental Risks as Shipping Routes Open February 25, 2016 By Jonathan Saul and Nina Chestney The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the environmental threat of heavy fuel...
Energy Insurers Become Latest Casualty of Oil Slump as Projects Are Postponed February 11, 2016 By Carolyn Cohn and Jonathan Saul The insurance industry is becoming the latest casualty of the oil price slump, with postponements and cancellations of energy projects...
International Insurers Still Reluctant to Provide Cover for Iran Oil Cargoes February 3, 2016 By Jonathan Saul Oil companies looking to steal a jump on rivals in the race to benefit from Iran’s emergence from Western sanctions...