You Searched For "shipping insurance" and got 20 results
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1 min read
Baltimore bridge insurer is reportedly set to write a $350 million check
Chubb is expected to issue $350 million to Maryland in what would be the first payout related to th…
George Glover
2 mins read
The marine insurance industry is bracing for huge claims from the Baltimore bridge disaster
An insurance industry executive compared the disaster to a 2012 cruise ship capsize, which led to t…
Huileng Tan
16 mins read
The Best Credit Cards With Primary Rental Car Insurance of 2024
Credit cards with primary car rental insurance can cover you for theft or damage without filing a c…
Joseph Hostetler, CEPF,Angela Fung
1 min read
The Baltimore bridge disaster may lead to the 'largest single marine insurance loss ever,' Lloyd's of London bosses say
The insurance market's chairman and CEO both warned that Tuesday's disaster could trigger billion-d…
George Glover
7 mins read
Sam Altman's mission to increase human lifespan with a $180 million shipping container experiment at Retro Biosciences
Sam Altman started a $180 million side project called Retro Biosciences, hoping to add 10 healthy, …
Hilary Brueck
3 mins read
Who are the Houthis and why are the rebels in Yemen attacking Red Sea shipping?
Yemen's Houthi militant group is backed by Iran and says it's been attacking shipping in the Red Se…
Grace Eliza Goodwin
2 mins read
Russia has continued to use Western insurance services to ship its oil despite sanctions
Critics have blasted the Russian oil price cap for being ineffective, with little impact on Russia'…
Jennifer Sor
4 mins read
Owner of ship that crashed into Baltimore bridge will likely try to invoke 1851 law used to cap damages after Titanic disaster
Maritime law experts said Grace Ocean Private Ltd will almost certainly try to limit its liability …
Natalie Musumeci
2 mins read
2 ship companies are invoking a 200-year-old law to try to skirt huge legal liabilities from the Baltimore collision
The companies want to cap their liability at $43.7 million by invoking a 19th-century maritime law …
Huileng Tan
4 mins read
The Baltimore bridge disaster is just the latest knock to global shipping and trade
The Dali, a cargo ship, collided with the Francis Scott Key Bridge in Baltimore on Tuesday, shuttin…
Huileng Tan
2 mins read
Europe will ban insurance for Russian oil cargoes in the strongest blow yet to Putin's war machine, reports say
Russian oil exports to the rest of the world could tumble under the reported plans, with similar sa…
Harry Robertson
2 mins read
The Red Sea crisis could trigger an inflation spike as shipping costs soar
An index that tracks container rates spiked 61% last week, with big companies rerouting their vesse…
George Glover
1 min read
Russia is using its 'dark fleet' of ships to skirt oil sanctions, raising the risk of tanker collisions, insurance firms say
Russia has amassed a secretive "dark fleet" of 270 oil tankers that sail under the radar, according…
Jennifer Sor
5 mins read
AI, autonomous systems, and digital connectivity could help ships cut emissions
AI, autonomous systems, and digital connectivity could help the maritime shipping industry catch up…
Amanda Paule
3 mins read
The wild attacks on ships in the Red Sea are another geopolitical shock that could drive up inflation
Attacks on ships passing through a vital trading route have reignited fears about higher oil prices…
George Glover
3 mins read
The EU is going after Russia's global oil sales by cracking down on anyone from insurers to ship owners, report says
Draft legislation suggests any European tanker or company could be banned from shipping or insuring…
Amanda Cooper
2 mins read
Tesla's problems in Sweden are getting worse as dockworkers refuse to unload its EVs from ships
Dockworkers, cleaners, and mechanics are standing in solidarity with the Swedish Tesla employees wh…
Polly Thompson
2 mins read
Russian oil trade remains in ship-shape as the EU price cap has failed to stem Moscow's freight and insurance income, analyst says
Russia has been offering Asian buyers shipping and insurance services that inflate the end price of…
Zahra Tayeb
2 mins read
EU ditches ban on oil tankers that ship Russian crude to third countries, but keeps restrictions on insurers, report says
The EU has watered down its proposed sanctions on anyone that ships, finances, insures or moves Rus…
Amanda Cooper
1 min read
Shipping giant says fuel tankers can take detours around the Red Sea as attacks rise, potentially disrupting energy flows
With a major firm allowing ships to take detours, others could follow. That would add multiple days…