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Tag:

Gulf

US plan to insure Gulf shipping may fall short, analysts say

Coverage gap and statutory cap reveal the math problem at the heart of Washington's proposal

Lloyd’s Market Engaging With US on Gulf Maritime Plan, Officials Say

The Lloyd’s of London market is engaging with the U.S. government’s International Development Finance Corporation over...

Oil Tanker Suffers Explosion in Northern Persian Gulf

An oil tanker suffered an explosion off the coast of Iraq, damaging a tank that is...

Gulf Shipping Crisis Deepens as Tankers Stranded for Fifth Day, US Sinks Iranian Warship

The U.S.–Iran war widened on Wednesday after a U.S. strike hit an Iranian warship off Sri Lanka, deepening a crisis that has paralyzed shipping...

Trump Orders Oil Tanker Insurance Support, Says Navy Could Escort Ships in Gulf

The U.S. Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, President Donald Trump said on Tuesday, adding he had...

Insurance Clubs to Halt Ship War-Risk Cover in Persian Gulf

The world’s largest maritime insurance mutuals said they will withdraw war risk insurance cover for ships...

Authorities Probing Damage to Undersea Telecom Cable in Gulf of Finland

Authorities are investigating damage to an undersea telecommunications cable in the Gulf of Finland early Wednesday that occurred between the capitals of Finland and...