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InfraTech Capital Expands Board and Announces Executive Appointments

Richard Caldwell named EVP, Global Sales and Business Development; Edward Hamilton named Chief Financial Officer RESTON, Va. — InfraTech Capital today announced the appointments of Richard Caldwell as Executive Vice President, Global Sales and Business Development, and Edward Hamilton as Chief Financial Officer. The company also increased the number of seats on its board in […]

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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Black Sea Oil Shipping Insurance Costs Surge to $2.5 Million

Insurance costs for ships transporting oil across the Black Sea have surged from approximately $200,000 to $2.5 million per vessel in recent months, increasing crude transportation costs and putting…

  • Insurance premiums for Black Sea oil shipping vessels surged to $2.5 million per ship.
  • Attack frequency and port infrastructure risks drove up insurance costs 12.5-fold.
  • War-risk premiums added hundreds of thousands to shipping costs for seven-day voyages.

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