Marine risk and risk management | StrategicRISK Europe

Marine

Inflation drives up cost of vessel, cargo repairs

The rising prices of steel, spare parts and labour are all factors in the increasing cost of hull repair and machinery breakdown claims

WTW launches ports and terminals risk forum

It is collaborating with the University of Cambridge Centre for Risk Studies to develop an index of risk disruptors

AGCS: Bigger ships, bigger exposures

Suez Canal incident shows ever-increasing vessel sizes exacerbates marine and supply chain risks

Suez backlog presents further disruption

Brexit, the pandemic and recent Suez Canal blockage have brought into question lean manufacturing philosophies

Reducing risk from a changing ocean

Leaders from across the political, economic, environmental and risk sectors gathered in Bermuda in May for the first Ocean Risk Summit

Blockchain insurance buying tech unveiled for Maersk

The first blockchain marine insurance transaction, between shipping company AP Møller-Maersk and insurers MS Amlin and XL Catlin, was the topic of debate at an event in London today

Maritime sector faces cyber supply chain risk

Maersk’s costs from NotPetya and the prospect of more cyber-attacks like it raise concerns about cyber risk and resilience for shipping and maritime logistics firms. David Benyon reports

Maritime AI firm Windward adds ex BP boss to board

Marine analytics tech firm Windward has added former BP CEO Lord Browne to its board

Maritime firms fear cyber-attack supply chain breakdowns, XL Catlin warns

Cyber attacks like the NotPetya malware that struck Maersk are raising concerns about cyber risk and its effects on resilience, according to specialty insurer XL Catlin