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...
Insurance Placement Difficulties Delay Iranian Crude Exports to Europe January 27, 2016 By Jonathan Saul Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still struggling...
Marine Insurers Cautious About Re-Entering Iran, Despite Lifting of Sanctions January 19, 2016 By Jonathan Saul Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as...
Insurance and Safety Issues Delay Iran’s Entry into Global Oil Tanker Market November 12, 2015 By Jonathan Saul Even after Western sanctions are lifted, Iran’s oil tanker fleet is expected to face more hurdles before many of the...
Growing Yemen War Risk Threatens Vital Sea Routes; Premiums Likely to Jump May 14, 2015 By Jonathan Saul With Middle East giants Saudi Arabia and Iran squaring up on opposing sides in the Yemen war, the dangers to...
International Shipping Lines Suspend Port Calls to Yemen as Conflict Worsens April 10, 2015 By Jonathan Saul International shipping lines are being forced to scale back or suspend port calls to Yemen as the conflict gets worse,...
Yemen Conflict Could Disrupt Major Oil Shipping Route; Insurers Pull Back March 27, 2015 By Jonathan Saul Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab...
Oil Tankers in Front Line of Libya’s Struggle; Insurance at Risk January 27, 2015 By Jonathan Saul Oil shippers face higher costs and the possible loss of insurance cover on Libyan voyages, caught in a struggle between...
Russian Firms Face Huge Insurance Costs as Foreign Insurers Flee November 20, 2014 By Jonathan Saul, Carolyn Cohn and Katya Golubkova Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling...