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Marine

Shipping losses down 20% in 2013

Shipping losses continued their downward trend with 94 losses reported worldwide in 2013, dipping below 100 for only the second time in 12 years, according to Allianz Global Corporate & Specialty.

UK P&I increases renewal premiums 7%

The UK P&I Club has announced boosted figures following the close of renewals for 2012, witnessing a 7% estimated increase of renewal premium.

Costa Concordia: Two years on

Two years after the Costa Concordia ran aground, it has finally been given a date to be removed. What has happened in the marine market in the intervening period?

Piracy: Safer seas

With a more stable Somalia and improved maritime security, will the downward trend in piracy attacks continue, or will incidents in East African and South-East Asian waters ensure rough seas in future?

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