‘You might get a client who gets a 5% increase in their hull rate. But that could be coming on the back of a 200% increase in their directors’ and officers’ liability premium. It still feels like a lot of money, if you look at insurance as a spend,’ says Aon head of marine Chris Bhatt

‘If you are a smaller operator without the sophistication to go into the fuel purchasing strategy markets, this provides low cost, predictable balance sheet protection,’ says Bhatt

Kristian Sørensen will be joining Avance Gas on April 1 this year. The appointment comes three months after the gas company’s chief Peder Carl Gram Simonsen departed in early September last year

Clarksons made hay from the floating oil storage boom early in the pandemic through its broking and research arms, but warned of uncertainty over the speed and shape of the global recovery from coronavirus

The incoming chief executive of listed shipbroker Braemar Shipping Services, James Grundy, says he will ditch diversification in favour of concentrating on its core business. The business released interim results that revealed a considerable improvement in financial performance