Below you will find a weekly report, covering the period of 26 February to 4 March, where the following incidents were reported:
Full advisory at the following link.
https://britanniapandi.com/wp-content/uploads/2026/03/ARC-Weekly-Report-04.03.26.pdf
This Circular is issued in respect of War Risks and is applicable to the following Assureds and/or Co-assureds: • Assureds insured under the Associations’ Charterers’ Insurances Terms and Conditions (“Charterers’ Insurances”).
Shipowners insured under the Rules of Class 3 and/or Assureds insured under the Associations’ Charterers’ Insurances who are insured under the Associations’ Additional Insurances Terms and Conditions (“Additional Insurances”). • Members insured under the Rules of Class 3 whose Certificates of Entry are endorsed to include nonPoolable cover.
full advisory at the following link.
On 4 March of an incident approximately 30 nautical miles southeast of Mubarak Al Kabeer, Kuwait.
The master of a tanker at anchor reported witnessing and hearing a large explosion on the vessel’s port side, after which a small craft was seen leaving the vicinity. Oil has been observed in the water leaking from a cargo tank, which could have potential environmental impacts. The vessel has also taken on water.
No fires have been reported and the crew are safe and accounted for. Authorities are currently investigating the incident. Meanwhile, Kuwait’s Ministry of Interior has denied reports that the incident occurred within the country’s territorial waters, noting that the location was more than 60 km from Mubarak Al-Kabeer Port.
Vessels in the area are advised to transit with caution and report any suspicious activity
Ship refueling at Fujairah, a key bunkering hub in the United Arab Emirates near the Strait of Hormuz, has slowed after a fire due to a drone interception.
According to Reuters, while Fujairah’s terminals remain operational, oil storage firms Vopak and VTTI have temporarily suspended vessel loading operations. Some suppliers and shippers have paused deliveries, awaiting more clarity, while others continue refuelling amid a spike in marine fuel prices.