Over the past two years, transport fuel flows have experienced increasing regionalisation, particularly in the Pacific Basin where 1mbd of new refining capacity has come online between January 2024 and February 2026. Unlike the Pacific Basin, the Mediterranean has not...

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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, 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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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 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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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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