According to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping Review 2017, the total losses related to shipping industry fell to 16%, from 101 to 85 in 2016. Here 10 other key aspects of the report that you should know: -Last year was the safest, with the lowest number of losses

CMA CGM had already improved its performance per transported container per kilometer by 50% between 2005 and 2015 As the planet celebrates the World Environment Day, CMA CGM Group, a leading worldwide shipping group, reiterates its commitments on the fight against global warming by improving the performance of its ships. In 2016, the Group has

The Baltic and International Maritime Council -BIMCO- launched its latest guide for chartering and shipping transactions “Check Before Fixing” with the most recent legal developments. According to the organization, the first “Check Before Fixing” was issued more than 30 years ago. Since then, is an invaluable checklist for commercial negotiations. Angus Frew, Secretary General & CEO

(This article was originally published in Entrepreneur.com) You’ll need insurance for many aspects of your import/export business, from employees to cargo. Read on to find out more.   Insuring your employees Once you hire employees, you’ll need to think about caring for them. Workers’ compensation insurance laws vary among states; check with your insurance agent

According to International Business Times, the Japanese insurance company Tokio Marine & Nichido Fire Insurance in partnership with NTT DATA Corporation has completed testing the first blockchain-based insurance policy for marine cargo insurance certificates. Tokio Marine said its proof of concept created a “data” bill of lading, letter of credit and a commercial invoice on

According to a Sea Asia survey to CEO’s of different offshore and maritime companies, less than half reported having prevention and contingency plans in case of a cyber attack. Cyber security is one of the top threats today for the industry, in fact, 10% of the companies representatives indicated that cyber attacks are the most critical challenge they are facing

The need for all stakeholders to work towards effective and consistent implementation of the 2020 0.50% global sulphur limit has been highlighted during maritime industry events in Denmark this week. IMO’s Edmund Hughes spoke about IMO’s role moving towards the 0.50% sulphur limit at an event focusing on the “2020 global sulphur challenge: Implementation and

According to Allianz Global Corporate & Specialty, cargo related accidents are the most common type of maritime incident and the numbers are increasing.  Statistics show that importers will be involved in a General Average claim once every 8 years. This is a huge fact that importers, carriers, and other shipping key players cannot ignore because

(Originally posted by Thomas Smale in entrepreneur.com) Your personal brand is how you appear to the world. Therefore, it serves to reason that a strong brand is preferable to one that is unpolished and uninteresting. Once people know who you are and begin to identify you with a specific area of understanding or expertise, you’ll