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Fires, Red Sea turmoil drive record losses for the maritime protection & indemnity ins. clubs
The 2024-2025 FY saw a higher frequency and severity of net claims, resulting in an underwriting loss of USD 312…
US tariffs disrupt steel industry supply chain
Stories on our radar this morning from around the world
Updates on storage, shipping, and aviation from the UAE, and Syria
Stories on our radar this morning from around the region
Socar taps MSC to boost operations at Turkey’s Socar Terminal
Under the agreement MSC subsidiary Terminal Investment Limited will take up shares in Turkey’s Socar Terminal in Izmir, at an…
TODAY: MSC to become a shareholder in Turkey’s Socar Terminal
What we’re tracking this morning regionally and around the world
US on global crusade to wrest control of strategic ports from China
The Trump administration is looking to back US and Western firms’ purchase bids for China-controlled ports, the sources said
IMO’s new rules to power maritime decarbonization, but low green fuel supply + oil prices risk limiting its power
Forecasted production capacity for hydrogen-derived fuels has not increased since 2023 estimates
Could AI prevent deadly fires aboard freighters?
Allianz’ Safety and Shipping Review 2025 report found that 30% of vessel fires in 2025 involved container, cargo, or ro-ro…
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