The perils of the sea and the oddities of ocean freight mean shippers depend on the insurance of shipping agents who specialize in ocean freight. Cargo ships aren't required to carry cargo insurance ...

Indian port authorities denied entry to an ageing tanker loaded with Russian crude on Thursday due to inadequate documentation, sources familiar with the matter said, an unusual move that indicates ...

The attacks have already stoked concerns about reduced flows of crude oil on one of the world's key shipping routes, pushing up oil prices by as much as 4.5%. Freight rates for supertankers ...

EVE Online's insurance system has been a hot topic of debate over the years. Under the current system, ships have a fixed base value calculated according to the minerals used in their production.

Annual reinsurance contract for members of the big mutual insurers will see costs for most other ship types fall ...

(Reuters) - Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate ...

The ship insurance market is in turmoil after Russia's invasion of Ukraine, with some underwriters staying clear of ships moving Russian crude and others capitalizing on insurance premiums that have ...

Insurance costs for ships sailing through the Middle East have increased by at least 10% after attacks on two tankers in the Gulf of Oman on Thursday, with the potential for costs to rise further as ...