Risks faced by today’s global businesses represent a combination of traditional concerns and newer threats that reflect changing times. The 2015 Allianz Risk Barometer,
A working group led by Denmark and Indonesia met in the IMO to consider the need to regulate the issue of transboundary oil pollution, on 13 April,
Sound Oil, the European / Mediterranean focused upstream oil and gas company announced receipt of the final approval of the Environmental Impact Assessment ("EIA")
Oil train operators must have detailed information on hand about the possible risks of their cargo in case of an accident and perform more thorough checks before moving on the tracks, U.
UK P&I Club provides practical guidance in relation to contractual issues on the ongoing conflict in Yemen. Members are advised to contact the Club if they anticipate
The Round Table of international shipping associations (RT) comprising BIMCO, ICS, Intercargo and INTERTANKO announced today that they are developing standards
The Nairobi International Convention on the Removal of Wrecks enters into force on Tuesday, April 14, 2015. The Convention places strict liability on owners for locating,
The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic
The assets management unit of Brazilian bank Bradesco has proposed two candidates for seats on the board of the state-run oil company Petroleo Brasileiro SA, or Petrobras.
Who – shipowner or insurer – should bear the costs of any action taken to prevent a stricken vessel from getting into further costly difficulties? A seminar organized
Be the Hammer, not the Nail when it comes to Maritime Cyber Security
Maritime security professionals understand the value of a layered approach to risk management.
Aden Refinery temporarily suspends tender process to import; Gasoil shipment headed for Yemen diverted towards Singapore.
SINGAPORE, April 9 (Reuters) - At least
It has been said that the vast majorities of collisions at sea occur in near perfect weather conditions. That trend can also be applied to the inland river system.
Markel International, the specialist insurer with a worldwide product portfolio, hosted a seminar on insolvency issues in Singapore earlier today.
On Thursday, March 19, 2015, Arthur H. Thomas, Sr., president and CEO of Helix Alliance, Inc., received the Chapel of Four Chaplains Legion of Honor Award. The award was presented by retired Capt.
Four workers were killed and 16 were injured in a fire that broke out midweek at the Pemex-operated Abkatun Alpha platform in Mexico’s Bay of Campeche.
Cooperation between the shipowner, their underwriters, salvors and shore-based authorities is vital for a successful salvage operation and should begin at first notification of a casualty.
Trawler with 132 crew sinks in freezing waters; rescue operation seeks missing crew.
* Russia has poor safety record (Updates death toll, adds details)
By Lidia Kelly
The South Korean government said on Wednesday it would pay about 420 million won ($380,000) as compensation for each of the 250 students who died or remain missing from last year's ferry disaster,
Hurricane-force winds lashed parts of northern Europe on Tuesday, including Germany and the Netherlands, causing flights to be cancelled, snarling some train services and hitting port traffic.