Commander of the French forces in the southern zone of the Indian Sea says that piracy in the seas around Somalia is safe for commercial shipping.
With various risks being faced by a ship owner, there has always been a provision to acquire tailor-made insurance covers, just as there should also be a provision to buy tailor-made K&R cover. The natural question which arises for any ship owner is; what are the different factors that constitute a tailor-made K&R cover? Leo […]
In an increasingly commoditised marketplace, shipowners and operators – challenged with low day rates, overcapacity, and working to comply with current and impending environmental regulation – face another question over how to differentiate themselves from the crowd; how they combat the threat of the loss of crew and earnings brought about by a piracy attack.
If a ship loses power while at sea it will be a lottery as to whether it can be prevented from running aground. Such an event is disastrous to any ship but if it happens to a tanker the consequences can be momentous. Yet ultimately it is down to a collection of random factors that […]
