Insurance

  • JWC amends GoG

    Following an increase in kidnap for ransom attacks in the Gulf of Guinea, the Joint War Committee on Sunday 20th reportedly redrew the listed extended risk area in the Gulf […]

  • Arab League oil fears

    Sawsan Abu Hussein Arab ministers have warned of oil spill disasters in the Red Sea and called on international and regional bodies to maintain maritime security in the area. An […]

  • India joins Djibouti Code

    New Delhi [India], September 16 (ANI): India has joined the Djibouti Code of Conduct as Observer, Ministry of External Affairs (MEA) said here on Wednesday. “India has joined the Djibouti […]

  • Tug cyber warning

    by Martyn Wingrove Towage vessels and their crews are increasingly connected to online services during operations, increasing their vulnerability to cyber threats, malware, viruses and hackers. These concerns were raised by […]

  • MSC, Maersk, and Hapag-Lloyd Also Implement War Risk Surcharges for Persian Gulf

    July 04: MSC Mediterranean Shipping Company has announced it will institute a war risk surcharge for all cargoes moving to and from the Arabian Gulf. The move follows CMA CGM […]

  • CMA CGM Introduces War Risk Surcharge in Middle East

    July 02: Due to the recent incidents in the Strait of Hormuz and amid significantly increasing insurance costs in the Middle East region, French container transportation and shipping company CMA […]

  • Persian Gulf Oil Shipments Now Cost More Than $500,000 to Insure

    June 24: The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum. So-called war risk […]

  • Heightened Assessed Risk and Security Measures Implemented in Strait of Hormuz

    May 20: Following the recent attacks at Fujairah anchorage: (1) Shipowners and ship managers are increasing their security measures while in the Strait of Hormuz. For example, (1a) Japanese shipping […]

  • Nigeria seizes 130 vessels in year

      Figures reveal scale of problem. Maritime crimes: Nigerian Navy seizes 130 vessels in 1 year The Nigerian Navy has intercepted 130 vessels for crimes perpetrated in the maritime sector […]

  • Malacca’s low crime stats

    Australian Border Forces (ABF) played a major role in reducing the number of maritime crimes along the straits. Team work with Australia sees drop in maritime crimes By Intan Amalina Mohd […]