The United States Coast Guard (USCG) recently issued Marine Safety Alert 04-19, “Confined Spaces: Silent & Invisible Killers”. The risks associated with enclosed space entries are illustrated by a recent casualty where three persons wer…
The silent and invisible killer onboard vessels Read More »
Things could start to improve in the dry bulk market in the months to come, should a trade agreement between the US and China materialize over the next few weeks. In its latest weekly report, shipbroker Allied Shipbroking said that “the dry bulk market…
A Trade Agreement Between China and US Could Boost Dry Bulk Market Read More »
Whilst in general, major losses remain stable, the continued erosion of the global premium base means that attritional losses are becoming much more significant. The increased risk of large, more complex and costly claims has the potential to impact al…
Concerns remain for global marine underwriting, says IUMI Read More »
The Turkish Straits are among the busiest waterways in the world. They have crucial importance for the international shipping industry especially for trades involving the Black Sea, Sea of Azov (Northeast of Crimean Peninsula), Marmara Sea, Aegean Sea …
Liabilities arising under the Turkish Straits clauses Read More »
Shipowners have picked up their investment plans, as both newbuilding orders and acquisitions of second hand tonnage have been strong lately. In its latest weekly report, shipbroker Intermodal noted that “strong contracting activity resumed in the past…
Newbuilding Activity and S&P Sales In Full Swing Read More »