The marine insurance world is facing a new and serious concern — the growing threat of GPS spoofing. This is a trick where false signals are sent to a ship’s GPS system, causing it to believe it’s in ...

Marine insurance in ship finance transactions is often discussed in broad terms of coverage types, premiums or exposure to geopolitical concerns in high-risk trading regions. While these issues are ...

Kenyan Insurance companies are eyeing profits once a new policy requiring importers to secure maritime insurance policy locally kicks in. According to data from the World Bank, the global market for ...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oversea Yacht Insurance, an EPIC Company (“Oversea Yacht Insurance”), that offers comprehensive insurance solutions for the maritime industry, brings to market ...

A ship financier’s primary security is the mortgaged ship. If the ship becomes a total loss, the mortgage will provide no valuable security, leaving the financier to rely on its rights as assignee and ...

For the best experience, please enable JavaScript in your browser settings. Cargo at the Mombasa Port. Importers are expected to secure maritime insurance policy ...

A deal allowing Ukraine to export grain via the Black Sea will expire at the end of Monday after Russia said it will suspend its participation.The deal, brokered by the United Nations and Turkey last ...