marine cargo News

National Iranian Tanker Co. Close to Obtaining New Insurance for Crude Exports

The National Iranian Tanker Co. is close to obtaining new insurance needed to boost crude exports and resume trade with old customers after four years of sanctions. NITC has been negotiating with foreign organizations for the past six months to …

ACE Appoints Divakaran as Marine Risk Manager for Asia Pacific

ACE Group has appointed Captain Sivakumaran Divakaran as the new marine risk manager for Asia Pacific. Divakaran will be part of the Asia Pacific Marine team, which provides marine cargo insurance for a wide commodity range with customized risk management …

Iran Flexes Military Muscle in Persian Gulf, Amid Rising Tensions

With tensions over its roles in Yemen, Iraq and Syria already high, Iran is flexing its military muscle in the Persian Gulf. For the third time in as many weeks, Islamic Revolutionary Guard Corps patrol boats have fired at or …