ReCAAP ISC is concerned about the return of oil theft piracy.

Ship attacks in Asian waters fell to a five-year low in the first half of 2017 but a recent incident suggests the resurgence of hijacking for oil cargo theft. 

The 1997-built Aframax tanker Bunga Kelana Dua

The seasonal lull in the tanker sector strikes an upbeat tone for demolition, a trend that coincides with firming scrap prices.

Lloyd's of London

The 24th Global Insurance Forum held in London heard from a panel of experts in how they saw the London insurance market after the UK leaves to the European Union in 2019.

Dr Detlef Trezger, Kuehne + Nagel CEO

Kuehne + Nagel increased cargo bookings aggressively during the first six months, taking more market share in container freight sales from container lines and other forwarders.

Richards Bay Coal Terminal

Energy trader will not proceed with plan to acquire Optimum Coal Terminal Pty from the Tegeta Group.

Swissco announces the disposal sale on five offshore vessels. 

Choi Jong-gu

Banks will scrutinise the self-rescue debt-restructuring efforts of DSME and Sungdong Shipbuilding & Marine Engineering as South Korea’s ailing shipbuilding industry is reeling from a state of meltdown due to mounting debts and a dearth of new orders.

MOL Endowment, a ship managed by Haeyoung Maritime Services

South Korean liner operator Hyundai Merchant Marine continues to strengthen and lead its ship management business following the acquisition of Eusu Ship Management by Hyundai Glovis.

The 2011-built 10,376 dwt Hanjin Green

Hanjin Green remains unsold, after almost all of Hanjin Shipping’s fleet comprising container ships and bulk carriers have been put on sale to repay the company’s creditors.

The need for comprehensive cyber coverage has been highlighted by the recent Maersk attack

The insurance market offers a range of products that offer specific cyber coverage, based on a variety of risks and mitigation measures.