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Two More Oil Supertankers Exit Hormuz to Help Push Up Flows
Commercial shipping through the Strait of Hormuz gained modest momentum over the past 24 hours as at least two non-Iranian supertankers exited the Persian Gulf, the latest mini-flurry in energy flows transiting the vital waterway.The Singapore-linked Eagle Veracruz and Greek-owned …
POSTED MAY 27, 2026 11:07 AM |
Tanker Reports External Explosion off Oman Coast, Crew Safe, UKMTO Says
United Kingdom Maritime Trade Operations said on Tuesday that a tanker had reported an external explosion on the vessel’s port side, close to the waterline, 60 nautical miles off Oman’s capital Muscat. UKMTO said the vessel, identified as the Olympic …
POSTED MAY 27, 2026 9:22 AM |
Viewpoint: Tackling the Threat of Legal System Abuse
Severity, not frequency, is driving the rise in claims costs today. While the number of claims has generally declined, the average cost per claim has soared. From 1994 to 2008, claim frequency declined and lawsuits tracked that trend, falling from …
POSTED MAY 27, 2026 5:13 AM |
Supreme Court Tosses Florida Suit Over Immigrant Driver’s Licenses
The US Supreme Court refused to let Florida file an unusual lawsuit that accused California and Washington of making it too easy for undocumented immigrants to get commercial driver’s licenses. Giving no explanation, the justices on Tuesday rejected Florida’s bid …
POSTED MAY 27, 2026 5:02 AM |
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency
New York-based insurance broker USI Insurance Services has gone to court to halt a former employee it alleges has poached a few customers for his own newly-formed agency. USI claims that Billy J. MacNair is violating employment and severance agreements …
POSTED MAY 27, 2026 5:00 AM |
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