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From Detection to Intervention: Is India’s Coast Guard building A New Model for Maritime Casualty Response?

By Mr. Priyatham Sanjeeva Reddy Ramidi Maritime emergencies rarely begin as dramatic events. A vessel loses propulsion. A machinery-space fire appears. A ship begins to...

India launches first sovereign-backed P&I Insurance Product under BMIP

NEW DELHI : India strengthens its maritime insurance ecosystem with the launch of the country's first sovereign-backed Protection & Indemnity (P&I) Insurance Product under...

NMSC visits DGMA’s Maritime Domain Awareness Centre, reviews India’s Maritime Safety and Security Framework

MUMBAI : The Directorate General of Maritime Administration (DGMA) welcomed Vice Admiral Biswajit Dasgupta, PVSM, AVSM, YSM, VSM (Retd.), National Maritime Security Coordinator (NMSC),...

Marcura acquires US-based demurrage claims specialist Fairway Maritime

DUBAI/SOUTHPORT: Marcura has acquired the business assets of Fairway Maritime LLC, a US-based specialist in demurrage and marine claims management. The acquisition strengthens Marcura's...

NorthStandard appoints Oak as Senior War Underwriter to reinforce war risks ambition

LONDON: NorthStandard has appointed Jonathan Oak as Senior War Underwriter, further strengthening its Hull & War team as geopolitical developments continue to reshape the...

Beyond War-Risk Premiums: P&I Expert Priyatham Ramidi from his experience explains the Hidden Insurance Exposures emerging from the Strait of Hormuz Crisis

As geopolitical tensions continue to disrupt one of the world's most strategically important shipping corridors, the implications for the global maritime industry extend well...

Iran seeks “insurance mechanism” to reduce risks for ships transiting through Hormuz

TEHRAN: Senior Iranian leader and former commander in Iran's Islamic Revolutionary Guard Corps (IRGC) Major General Mohsen Rezaei has called for the establishment of...

Allianz: $125 billion in vessel and cargo value awaits passage from the Persian Gulf

SINGAPORE: Given that 90% of international trade is transported across oceans, maritime safety and stable shipping trading routes are critical. According to Allianz Commercial's latest Safety and...

Iran imposes mandatory insurance on ships transiting Strait of Hormuz, with fees likely to follow

TEHRAN : IRAN has introduced mandatory insurance for all vessels transiting the Strait of Hormuz, requiring shipowners to obtain coverage approved — and initially...

Rising geopolitical tensions and the growing importance of marine war risk covers

It no longer takes a full scale war to disrupt global trade. A missile strike near a busy shipping lane, a drone spotted at...
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