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war risk insurance
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Analyst-verified maritime intelligence vs automated aggregation: what’s the operational difference?
Automation has changed how maritime teams consume information. It’s easier than ever to pull headlines, scrape alerts, and generate summaries. But in high-consequence environments — shipping..
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Maritime Security Outlook: Gulf of Aden Escalations, GPS Interference in the Gulf, and Piracy Risks Rising
The global maritime security landscape continues to shift rapidly, with new threats emerging across strategic waterways from the Gulf of Aden to the Arabian Sea. This week’s Dryad Global Maritime..
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Israel divides the Middle East
In the Middle East, a complex power struggle is underway among three key states: Iran, Turkey, and Saudi Arabia, all with varying degrees of hostility towards Israel.
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Israel’s Maritime Industry Asks The Government To Aid With Jump In War Insurance
The escalating conflict in Gaza has led to a tenfold increase in war risk premiums for ships bound for Israel, prompting industry stakeholders to seek government assistance in ensuring the continued..
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UN says insurance coverage secured to salvage rusting oil tanker off Yemen
The United Nations has secured an insurance coverage to start a ship-to-ship transfer of 1.1 barrels of crude from a rusting tanker moored off the coast of war-torn Yemen — oil that could cause a..
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Asia war risk premium seen mostly firm on Persian Gulf concerns
Maritime war risk premiums for commercial shipping are expected to remain firm over the next several months, if not years, due to prevailing geopolitical risks and even the country of ownership and..
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Insurers end war-risk cover for shipping across Russia, Ukraine and Belarus
The move comes as a result of reinsurers exiting the region in the face of heavy financial losses. However, Dryad Global believe that other war risk insurers will still be available to provide cover.
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BIMCO to revise War Risk Clauses
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risks Clause for Voyage Chartering 2013 (VOYWAR 2013)..
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