David Osler

Saudi-linked vessels remain insurable for charterers' liability, but face higher premiums driven by reinsurers' concerns over Houthi attacks

Saudi-linked vessels can still secure charterers’ liability cover despite new International Group exclusions, but at a higher cost, while Riyadh explores a state-backed marine insurance scheme to shield shipping from escalating Red Sea war risks

HHJ Hodge KC upholds tribunal ruling Case clarifies BIMCO sub-clause deletions Masters entitled to exercise ‘reasonable judgment' on risks

Discussions centred on possibility of putting consortium together Lloyd's insurer already provides reinsurance for Ukrainian companies

Meetings earlier this year proved inconclusive, say market sources

Country among easiest in world for arrest of associated vessels Documentary proof of ownership not necessary for legal purposes

Politicians and civil servants need to hear industry case, club contends UK shipping minister Keir Mather learning fast

Force majeure declarations sometimes justified, sometimes not Shipowners advised to preserve evidence ahead of impending legal clashes

Report highlights mental health crisis Some younger seafarers taking own lives Hand and finger incidents most common injury type

Market sees rise in underwriting profit But impact of Middle East fighting already apparent Cliff edge for marine could come in February 2027