Insurance ‣ WorldCargo News

Insurance premiums are rising due to conflicts and other factors

News17 Apr 2024

The Israel/Gaza conflict and attacks in the Red Sea/Gulf of Aden region have resulted in companies having to pay more for insurance, but the...

News15 Apr 2024

The seizure of the MSC Aries is not just a maritime incident; it is a reflection of the intricate interplay between geopolitics and global t...

News15 Apr 2024

The decision to declare general average indicates that the owners of Dali expect the salvage operations to result in extraordinarily high co...

News6 Mar 2024

Mitsui OSK Lines and Allianz sue Volkswagen AG over the 2022 fire on the Felicity Ace cargo ship....

News23 Feb 2024

A simple, easily deployed and reusable product developed by US-based Cross Currents88 and Norwegian ship owner G2 Ocean prevents stevedores ...

News8 Sep 2023

TT Club, the UK P&I Club and several UK-based marine insurance companies have signed up to Safetytech Accelerator’s Cargo Fire & Loss Inno...

News14 Jul 2023

The insurance mutual has announced the commitment of additional resources to its loss prevention team....

News23 May 2023

The insurer has joined the Maritime Anti-Corruption Network (MACN), a collective action alliance that aims to tackle corruption in the marit...

News1 Mar 2023

According to Munich-headquartered Allianz Global Corporate & Speciality (AGCS), of 240,000 maritime insurance claims analysed over a five-ye...

News1 Mar 2023

In TT Club’s latest safety webinar at the end of March, Laurence Jones, the mutual insurer’s risk assessment director, presented an anal...

News1 Nov 2022

A new report published by the Swedish Club, the Gothenburg-based insurance group, has revealed that reefer cargo damage claims spiked during...

News14 Jul 2022

New operational guidance for carrying and securing non-standardised cargo released in a bid to reduce stowage risks and the number of seriou...

News1 May 2022

New approaches to preventing equipment fires are needed to meet environmental concerns and the rise of electric and hybrid machines....

News6 Apr 2022

Container vessel grounded off Baltimore will be lightered before further attempts to pull it free, but reports that thousands of containers ...

News28 Mar 2022

InceDemurrage brings together law, consultancy and technology to address demurrage analysis....