Marsh McLennan (NYSE: MMC) has announced a major expansion of its Unity Ukraine war risk insurance facility. Launched in November 2023 to support Ukrainian exports of grain and other critical food supplies
With most ships now compliant with IMO’s Ballast Water Management Convention in that they have now installed an approved system, ballast water treatment system (BWTS) manufacturers are focusing on the aftersales market
A twosome is becoming a threesome. After three years in a successful commercial alliance, Dutch maritime heavy lift transport and engineering contractor Jumbo Shipping and German breakbulk and project cargo specialist SAL
The California Air Resources Board (CARB) continues to get push back on a commercial harbor craft (CHC) regulation slammed as “unworkable” and “deeply flawed” by the American Waterways Operators (AWO), even before
VesselsValue has unveiled its list of this year’s top 10 shipowning nations, based on the total asset values of vessels and their country of beneficial ownership. Rebecca Galanopoulos-Jones, senior content analyst, Veson
As Houthi attacks on merchant ships continue with a seemingly abundant supply of Iranian weaponry, sanctions announced today by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in
The U.S. Coast Guard will launch a new merchant mariner credential (MMC) on March 1, 2024. The agency is replacing the MMC passport-style booklet (“Red Book”) with a new, certificate size, one
The International Maritime Organization (IMO) has agreed new guidance on several key environmental issues. Last week at IMO Headquarters in London, IMO’s Sub-Committee on Pollution Prevention and Response (PPR 11) made progress
The U.S. and the U.K. on Saturday launched a fresh wave of attacks on Houthi targets in Yemen after the Iranian-backed terrorist organization continued its attacks on shipping in the Red Sea.
Four foreign nationals aboard the dhow suspected of smuggling Houthi weapons that was interdicted by U.S. forces on January 11 have been charged in a criminal complaint in the Eastern District of