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News: Marine Insurance

NorthStandard adds GlobeView Iran Conflict layer to update users on fast-evolving situation

April 10, 2026

LONDON: Continuing high levels of risk in the Persian Gulf have prompted NorthStandard to add an ‘Iran Conflict layer’ to its GlobeView platform to...

Govt likely to launch $1.5-billion reinsurance fund for ships navigating war-hit West Asia

April 8, 2026

NEW DELHI : War risk insurance premiums for commercial shipping have surged up to 7.5 percent in recent weeks. The Centre may announce a...

MoU signed between APSEZ and SMIT-MERC to establish India’s first ‘Place of Refuge’ for distressed vessels: DG Shipping

March 28, 2026

MUMBAI : India marks a significant milestone in strengthening its maritime safety and emergency response framework with the signing of a landmark Memorandum of...

Hormuz Shipping Disruption Triggering Liquidity Stress for India’s MSME Exporters, Warns Sarjak Container Lines

March 12, 2026

MUMBAI: India’s MSME exporters and importers are beginning to face growing liquidity pressure as disruptions to maritime trade routes through the Strait of Hormuz trigger freight...

DG Shipping issues Safety Advisory to Indian Seafarers and Shipping Stakeholders in the rising tensions in Gulf

March 9, 2026

NEW DELHI : The Directorate General of Shipping, Government of India, has issued DGS Circular 10 of 2026, providing an updated Safety Advisory for...

Govt. mulling deploying Indian Navy to escort ships stranded in Persian Gulf

March 9, 2026

NEW DELHI : The Indian Government is considering deploying Indian Navy ships to escort ships stranded in the Persian Gulf, said a senior government...

Insurers say war cover still available for Gulf Voyages as shipping crisis deepens

March 9, 2026

NEW DELHI : War risk insurance for vessels transiting the Persian Gulf and Red Sea remains available despite a wave of cancellations tied to...

Fragmented compliance systems increase sanctions risk across global shipping, Marcura report warns

March 5, 2026

DUBAI/LONDON: Maritime companies face rising sanctions and compliance complexity as regulators increasingly expect risks to be detected before violations occur, according to a new...

NorthStandard partners with Signol to put crews at the heart of shipping’s green transition

February 25, 2026

LONDON: NorthStandard has entered a partnership with Signol to offer its members exclusive discounts on their crew led, behaviour change service. NorthStandard recognises the critical...