Shipowners continue to pay additional premium and wages even after associations declare Somali piracy threat over
Insurers and unions face pressure to respond as piracy high-risk area ends Read More »
Operators that secured newbuildings through Japanese-style leasing deals are in the money
Lease deals pay off as bulker operators cash in on purchase options Read More »
Marked increase in size of vessels fixed for Word Food Programme food cargoes
Insurers Ascot and Marsh cover Ukraine cargo as panamax bulkers enter the trade Read More »
Shipping associations notify the IMO that the danger zone will be removed next year
Indian Ocean High Risk Area to end as Somali piracy threat subsides Read More »
Union claims penny-pinching owners used the pandemic as an excuse to keep crew onboard and save on airfares
Payback time for crew as ITF recovers $37m in lost wages Read More »