- — Owners need to consider the scope of their war risk cover as claims expand beyond high-risk zones, warns London P&I Club
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at 4/17/26 3:00pmShipowners and brokers need to take greater consideration of the scope of their war risk cover, and not just the price, as the number of war risk claims following incidents outside of traditional high-risk areas has risen, a senior underwriter at the London PI Club has warned. Ben McKeith, Senior Underwriter at the London PI ...- — Harnessing the giants: safer windmill blade logistics
- at 4/17/26 4:00amAs wind‑energy deployment accelerates globally, the logistics of transporting major turbine components—particularly blades, towers, and nacelles—have become increasingly complex. Drawing on Gard’s claims experience, this article explores the most common causes of damage during the carriage of turbine parts, highlighting key risks and practical steps owners and operators can take to reduce exposure. According to ...
- — The Swedish Club launches new guide to help seafarers manage stress in high-risk areas
- at 4/15/26 11:00amThe Swedish Club has launched a new crew guide, Managing stress in high-risk areas, available here: (Crew Guide), to support seafarers working under prolonged uncertainty and pressure. The guide has been developed as part of the Club’s Check Your Pulse wellbeing initiative and offers practical advice to help crews recognise and manage the effects of ...
- — The Shipowners’ Club proudly launches its P&I Online app
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at 4/14/26 3:00pmThe Shipowners Club, the leading mutual PI insurer in the smaller and specialist vessel sector, is pleased to announce the launch of its PI Online app. The new app brings the full capacity and functionality of the Club’s existing self service portal direct to brokers’ smartphones – providing a faster, more flexible way to manage ... - — NorthStandard adds GlobeView Iran Conflict layer to update users on fast-evolving situation
- at 4/9/26 3:00pmContinuing high levels of risk in the Persian Gulf have prompted NorthStandard to add an ‘Iran Conflict layer’ to its GlobeView platform to update users on the still evolving threats to the safety and security of shipping in the region. Bringing together existing data and intelligence-based insights in a single, intuitive overview, the new layer ...
- — Do not let a moth hold up your vessel
- at 4/8/26 3:00pmFlighted spongy moth complex (FSMC) is a group of exotic pests native to Eastern Asia. It includes Lymantria dispar asiatica, Lymantria dispar japonica, Lymantria albescens, Lymantria umbrosa, and Lymantria postalba. Heavy infestations can strip trees and shrubs of their leaves, resulting in the decline and death of forests, orchards, and landscapes. The introduction of the ...
- — War risk insurance cost off highs but still elevated in Persian Gulf
- at 3/31/26 3:00pmThe Additional War Risk Premium for moving tankers across the Persian Gulf eased in the week ended March 27 as more ships crossed the risky waters of the Strait of Hormuz amid hopes that an agreement may eventually be reached to end the war in the Middle East, market participants said March 27. The AWRP ...
- — Heavy weather risks at anchor, waiting off and entering port
- at 3/29/26 3:00pmIn this heavy weather series we have previously considered factors relevant to keeping ships and crew out of harm’s way when they are in or leaving port and also when on passage. This last article examines risks when arriving at port. Whilst initiatives for “just in time” arrival continue to develop, there are many reasons ...
- — Bessent: US insurance program for Hormuz shipping to start soon
- at 3/27/26 4:00pmU.S. Treasury Secretary Scott Bessent said this week that a US insurance program designed to boost shipping through the Strait of Hormuz will begin soon. Bessent made the announcement during a meeting of President Donald Trumps cabinet at the White House. The program, which Trump first announced on March 3, involves the US International Development ...
- — Marine insurers reaffirm their commitment to supporting trade in the Middle East
- at 3/26/26 4:00pmThe global marine insurance market continues to show resilience and is maintaining the availability of cargo, hull, liability and offshore energy cover despite increasing geopolitical tensions in the Middle East. Cargo Cargo insurers across global markets remain committed to supporting trade flows, including in high-risk areas such as the Persian Gulf and Red Sea. Although the ...
- — The Swedish Club delivers strong results for 2025
- at 3/26/26 4:00pmThe Swedish Club reported a solid financial performance for 2025, supported by disciplined underwriting, risk management and capital management. This marks the third consecutive year of positive results, reflecting a consistent, long-term approach in an increasingly complex operating environment. The Club recorded an operating result of $48 million, including a $5 million underwriting result (97% ...
- — Temporary waiver of the U.S. Jones Act: What to know
- at 3/26/26 5:00amThe decision, made on national security grounds and announced by the Office of the Secretary of War, granted exemption from the normally very stringent U.S. flag cabotage regulations governing cargo transported between U.S. ports on non-U.S-flagged vessels. The waiver applies exclusively to the shipment of specific commodities, more specifically certain energy and fertilizer products. However, ...
- — Gard reports resilient 2025 results in a challenging claims year
- at 3/23/26 4:00pmThe results were presented together with Gard’s annual integrated report, outlining how the Group is progressing toward its strategic goals and highlighting key developments throughout the year. Financial highlights include: Gross written premium: USD 1,312 million Combined ratio, net (CRN): 105,3% Insurance (technical) result: USD -58 million Investment (nontechnical) result: USD 301 million Result after ...
- — NYPE Clause 8: Who really bears the liability?
- at 3/22/26 4:00pmThe allocation of liability for cargo operations remains a crucial and often contentious issue between shipowners and charterers. Disputes frequently arise over responsibility for stowage, lashing, and securing operations, making it essential for all parties to clearly understand their obligations. This article aims to analyse the allocation of liability for these operations, with a particular ...
- — The Middle East conflict: Frequently Asked Questions
- at 3/20/26 4:00pmAs the conflict in the Middle East continues, shipowners and operators are facing a rapidly changing risk picture. This FAQ brings together the key questions we are hearing from Members and clients, offering clear, practical guidance in an increasingly uncertain environment. While we have made every effort to provide comprehensive answers, many situations are fact-specific, ...
- — When draft survey prevails: Brazilian shortage claims after the ‘SEA HONEST’ judgment
- at 3/17/26 4:00pmA long-awaited judgment has introduced an important development in Brazilian cargo litigation. In the SEA HONEST case, a court in southern Brazil expressly held that, in the absence of an official discharge certificate, draft survey figures prevail over private apportionment documents and post-discharge calculations. The ruling may influence how shortage claims are assessed in bulk ...
- — Gard Insights on NavStation: Delivering safety where it matters most
- at 3/12/26 5:00amFor those at sea, every decision counts, and in the dynamic world of shipping, timely access to the right information can make all the difference. That’s why Gard and Navtor have partnered to launch Gard Insights on NavStation. This is a major step toward making loss prevention knowledge accessible and easy to use for crews ...
- — War Risk Coverage Exit Credit Negative for Exposed U.S. Marine Insurers
- at 3/10/26 4:00pmFitch Ratings expects the withdrawal of hull war risk marine insurance coverage in the Persian Gulf to be credit negative for U.S. property casualty insurance specialists that are heavily reliant on Gulf transit, with neutral implications for well-diversified, global (re)insurers with modest exposure. The rating impact over the next 12 months hinges on loss emergence ...
- — West Appoints S. R. Kim as Exclusive Representative in Korea
- at 3/10/26 4:00pmWest PI today announced an exclusive consultancy services agreement with WIK Marine Consultant Co., Ltd., appointing its director, Mr. S. R. Kim, as the Club’s exclusive representative in Korea. The move marks a significant step in West’s international growth strategy. London, UK, 10 March 2026 – Building on its strategic focus on Asia, West PI ...
- — Marine insurers seek solutions as Gulf shipping threats evolve
- at 3/10/26 5:00amMarine insurers are exploring new ways to revive seaborne trades in the Persian Gulf as threats shift from the weapons of past tanker wars to drones and modern missiles even as US offers to backstop war-risk insurance meets a cautious response. More than 10 ships have been targeted in the Strait of Hormuz and surrounding ...
- — Supporting Seafarers Through Uncertainty: Mental Health at sea amid escalating military tensions in the Middle East
- at 3/9/26 5:00amThe escalation of military tensions in the Middle East, reports of vessels delayed or unable to depart the Persian Gulf, and concerns surrounding the apparent closure of the Straits of Hormuz undoubtedly create an exceptionally stressful situation for crews working in the region. Recognising the unique challenges faced by those working at sea, Steamship Mutual ...
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