Tuesday, December 23, 2025

Tag: protection and indemnity (P&I)

Oil Tanker Rates to Stay Strong Into 2026 as Sanctions Remove Ships for Hire

The cost of shipping oil is likely to remain high in the first half of 2026 as the...

EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap

The Group of Seven countries and the European Union are in talks to replace a price cap on...

Putin Warns of Possible Strikes on Ukrainian Allies’ Ships

Vladimir Putin warned that Russia may consider striking the ships...

Black Sea War Risk Insurance Soars 250% After Ship Attacks

Insurance rates for ships calling at ports in the Black...

Yet Another Russia-Linked Tanker Gets Attacked in the Black Sea

A fourth Russia-connected tanker in under a week was attacked...

Black Sea Shipping Insurance Rates Rise After Ukraine Attacks on Tankers, Sources Say

The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two...

Indonesia Seizes 8 Containers of Imported Zinc Powder Contaminated With Caesium-137

Indonesia has seized eight containers of imported zinc powder found to be contaminated with radioactive caesium-137, an official...

Rising Pirate Attacks Off Somalia Endanger Key Trade Route

Instability in Yemen and the Horn of Africa is fueling...

Ship With Radioactive Zinc Dust Stuck Near Philippine Port, Official Says

A ship with 23 containers of radioactive zinc dust is...

Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing

Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels...

Operation Underway to Salvage LPG Tanker MV Falcon After Explosion in Gulf of Aden

An operation was underway on Monday to salvage the liquefied petroleum gas tanker MV Falcon, which remains on...

LPG-Laden Tanker on Fire off Yemen, EU’s Naval Force Says

The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after...