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 by Staff Writers London (AFP) May 16, 2019
Marine insurers in London are holding an extraordinary meeting of a security committee to discuss the situation in the Gulf following attacks on ships off the United Arab Emirates, a spokesman said on Thursday. The meeting is of the Lloyd's Market Association (LMA) Joint War Committee, which normally gathers on a quarterly basis to assess security risks to shipping around the world. The LMA represents all underwriting businesses on the centuries-old Lloyd's of London insurance market. It follows insurgent drone strikes on a key oil pipeline in Saudi Arabia and the mysterious sabotage of four ships, including two Saudi oil tankers, earlier this week. The attacks have escalated tensions between the US and Iran but industry analysts have questioned the exact circumstances of the ship attacks. Lloyd's List Intelligence, a business information service, earlier this week said there had been "scant information" about the incident from Saudi authorities. "Saudi reticence to report the incident accurately within their own media channels and the current failure to provide imagery evidence of the attack raises important questions as to the nature of the attack," maritime security company Dryad Global told clients in a note, Lloyd's List said.
Trump touts 'America First energy policy' at Louisiana natural gas facility Washington DC (UPI) May 15, 2019 President Donald Trump traveled to Louisiana on Tuesday to promote energy infrastructure and economic growth. Trump touted his "America First energy policy" including efforts to boost exports of liquefied natural gas exports, as he delivered a speech to workers at Cameron LNG facility in Cameron Parish. "Under my administration we have ended the war on American energy and ended the economic assault on our wonderful energy workers," Trump said. Trump toured the facility owned by California-b ... read more
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