United Kingdom: Marine/ Shipping

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Article
LMA Wording Excludes Hormuz 'Toll' Payments: What This Means For Insurers
The Lloyd's Market Association has introduced a new model clause for marine hull underwriters addressing transit fee demands in the Strait of Hormuz, fundamentally shifting how insurers approach coverage when payments are made to facilitate passage through Iranian territorial waters. This development transforms underwriting focus from navigation risk to sanctions control risk, with significant implications for both insurers and vessel operators navigating these geopolitically sensitive waters.
United Kingdom Insurance
BJ
Browne Jacobson
Article
UK – Russian-flagged Vessel Issued With Movement Direction To Leave UK Waters
The UK Department of Transport has disclosed details of a recent maritime incident involving a Russian-flagged cargo vessel that sought entry into British territorial waters for emergency repairs. Following a sanctions investigation by the Centre for Transport Sanctions, authorities exercised discretionary powers to issue a movement direction, compelling the vessel to depart UK waters.
United Kingdom International
DM
Duane Morris LLP
Article
Q1 2026 Transport M&A Review: Deal Activity Inflects Upward As Strategic Buyers Consolidate A Still Oversupplied Freight Market
Freight transport M&A showed signs of recovery in Q1 2026, with deal volume rising approximately 5% and capital concentrating in larger strategic transactions. North American activity surged back to pre-Liberation Day levels, while geopolitical risks and structural oversupply continued to reshape buyer strategies and underwriting models across the sector.
United Kingdom Commercial
A
AlixPartners
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