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West delivers stable renewal with strong retention and selective growth

West delivers stable renewal with strong retention and selective growth
West P&I has reported a stable and disciplined renewal at 20 February, achieving high levels of Member retention while continuing to grow its entered tonnage across all Classes through the selective acquisition of new quality business, both from our existing...
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Steamship Mutual Enters 2026 in a Position of Strength and Stability

Steamship Mutual Enters 2026 in a Position of Strength and Stability
Steamship Mutual enters 2026 in a position of strength, following a renewal that demonstrated both the resilience of the mutual model and the value of responding to market challenges in a measured way. While 2025 brought elevated claims activity across the industry,...
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NorthStandard Achieves Stronger Results and Growth Amid Global Shipping Challenges

NorthStandard Achieves Stronger Results and Growth Amid Global Shipping Challenges
During a year of intense global shipping challenges, NorthStandard projects improved underwriting performance and increased free reserves. NorthStandard’s premium income is expected to exceed US$930 million for the year ending 20 February 2026 (increasing from US$886...
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Pan Ocean expands with 10 VLCCs as aging fleet and geopolitics test outlook

Pan Ocean is accelerating business expansion as it decided to acquire a large number of SK Shipping’s very large crude carriers (VLCCs). The shipping industry sees a favorable environment for scaling up with VLCC rates soaring, but notes that the high ages of the...
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Red Sea shipping reopens, but renewed Houthi threats keep route uncertainty high

Container carriers are now restarting services via the Red Sea amid a continued reduction in Houthi attacks on maritime shipping, according to reports. One of the routes connects India via the Middle East with the US operated by AP Moeller Maersk, confirming earlier...
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Recent News

  • US ethanol readily available to fuel the world’s methanol-capable fleet
  • World’s first ammonia dual-fuel gas carrier enters service
  • Large-scale liquefied biogas bunkering to become possible in the Port of Gothenburg in 2027
  • Fujairah fuel oil inventories steady in November so far
  • Saudi Arabia leads OPEC+ production recovery toward pre-war levels
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