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Marine

Chip Cunliffe XL Catlin

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

20180604_153555

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

Markel

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

Img 0556

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

I stock container ship

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

I stock container ship

Regulatory and cyber liability questions delaying unmanned ships

Doubts raised about the maritime sector’s readiness for unmanned vessels, in a study from Clyde & Co and the Institute of Marine Engineering, Science & Technology

International sanctions have unintended consequence for businesses

TT Club reports on marine freight claims trends

The freight insurer’s analysis of weather claims showed ships were better secured in ports, but containers and equipment were still being blown away, creating more claims

Shipping

Cyber risk to hit the marine sector hard – AGCS

Without clear risk management and an airtight contingency plan, the shipping industry could face significant losses in vessels

International sanctions have unintended consequence for businesses

How larger cargo ships are changing marine insurance needs

Cargo ships are getting larger, but so are the risks

See more

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