Media Commentators News

Large shipping losses have declined by 38 percent overall in the past decade, according to the Safety & Shipping Review 2018 by Allianz Global Corporate & Specialty (AGCS).Further, the number of total losses declined by 4 percent to 94 last year, the second lowest number in a decade.“Insurance claims have been relatively benign, reflecting improved ship design and the positive effects of risk management policy and safety regulation over time,” says Baptiste Ossena, Global Product Leader Hull & Marine Liabilities, AGCS.Sinking was the most common cause of the loss of a vessel, with 61 foundering events recorded for 2017. Wrecked or stranded vessels were the second major cause…

With the threats facing shipping become ever more complex and diverse,  Dryad Maritime's COO, Ian Millen speaks to CSO Alliance, a global digital network dedicated to serving Company Security Officers (CSOs),  about the big threats CSOs should be focusing their attention on in 2016 and what regions they should be most concerned about from a security perspective. Maritime terrorism is obviously something that needs to be continually accessed at the moment. Currently, we [Dryad] are not as concerned as some media commentators, but this is not to say our evaluation of the threat won’t change. "We know that terrorists use maritime routes for logistical purposes – moving fighters and weapons – so there is an obvious maritime link there that needs to be closely monitored," he says.

DNV GL, the world’s leading ship classification society and one of the world’s leading risk and sustainability service providers, is celebrating a double milestone: The Foundation DNV’s 150th anniversary and DNV GL’s first year as a merged company. To mark the 150th anniversary of Det Norske Veritas (DNV) and the one year anniversary of its merger with Germanischer Lloyd (GL), DNV GL is hosting a prestigious event in Oslo today. Over 1000 guests, made up of dignitaries, government officials and top industry figures and customers, will be present. “Created from two highly respected companies with parallel histories spanning 150 years (GL was itself formed only three years later) we want to celebrate our legacy but at the same time we are using the occasion to look forward,” says Henrik O.