Lack of a robust, mandatory testing regime for crew members is a major concern
Insurers fear pirates in the Gulf of Guinea will attempt to board tankers used as offshore storage facilities
Correspondent networks have been essential to the ability of P&I Clubs to maintain service levels despite the significant restrictions imposed on the maritime industry as result of the pandemic
China and India are issuing force majeure certificates for the purpose of ‘shielding’ companies in the maritime sector from legal damages resulting from the pandemic
Cargo insurers brace for profitability collapse
The issue for insurers is not that Covid-19 represents an unprecedented challenge for the marine sector, but the sense there is not much they have to offer by way of risk mitigation
Focus: Market must develop more flexible solutions to the risk of vessel detention in the Persian Gulf
Shipowners are turning to strike and delay-type coverages to help mitigate against the high cost of marine war risk insurance in the region
With the implementation of the IMO’s cyber guidelines less than a year away, there remains a high degree of misunderstanding in the market about the threat posed by cyber risks to the marine and shipping infrastructure
Latest Marine Updates
All set! This article has been sent to firstname.lastname@example.org.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.