Articles by Jonathan Saul

Lloyd’s Marine Underwriters Examine How to Comply with Iran Sanctions

Underwriters from London’s marine insurance market are looking at how to comply with fresh sanctions being imposed on Iran, a senior Lloyd’s Market Association (LMA) official said on Friday. Iran, the world’s fifth-largest crude oil exporter, depends on its seaborne …

Somali Pirates Demonstrate Long-range Menace

Anti-piracy measures off Somalia appear to be forcing pirates to extend their range to strike deep into the Indian Ocean, shifting the menace even further from the protection of international naval forces. Gunmen on Monday launched their longest range hijack …