Article ID: f918af129eed71f4718d3781aca62f76c5f228d70b61ea7d2aba2504a3779028
Source ID: secondary:businessinsurance.com
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Extraction Method: bs4_heuristic
URL: https://www.businessinsurance.com/hanwha-ocean-faces-1b-claim-over-canceled-lng-tanker-contracts/
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Hanwha Ocean faces $1B claim over canceled LNG tanker contracts - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2026 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Hanwha Ocean faces $1B claim over canceled LNG tanker contracts by Nils Wright Sep 11, 2026 Hanwha Ocean Company Ltd. is facing a new arbitration claim of approximately $1 billion from Russia-headquartered Arctic LNG 2 LLC over three liquefied natural gas carriers whose contracts were canceled following sanctions related to the war in Ukraine, The Maritime Executive reported. The South Korean shipbuilder is already defending itself against a separate $862 million claim from the vessels’ original Russian owners, who argue that the contracts were unlawfully terminated. Related News Marsh launches D&O facility for European organizations September 11, 2026 Indemnity triggers gain ground in cat bond market September 11, 2026 Saudi Arabia approves marine insurance pool September 11, 2026 Renomia gains Austrian foothold through broker deal September 11, 2026 Large hail drives ‘billion-dollar’ insured losses September 11, 2026 Berkshire Specialty launches venture capital liability cover in Australia September 11, 2026 Willis Re taps Eckertas as CEO September 11, 2026 The BI Top 10 for the week of Sept. 7, 2026 September 11, 2026 Zurich, Allianz say no material exposure to Radiant World: Report September 11, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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