All Insurance articles
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Cap Pro
Greater Changhua 4 Offshore Wind Farm
Sector: Power - Offshore wind
Project Type: Greenfield
Project Status: Under construction
Region: Asia
Originally Posted: 17/10/2023 -
NewsLogisticians consider multimodal response to Red Sea crisis
As the Red Sea crisis escalates, actors in the supply chain are having to navigate the complexities of re-routing and determining alternative solutions. Some are turning to multimodal solutions that utilise the Silk Road.
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NewsSpot rates drop for European road freight
The European road freight rate benchmark – produced by Transport Intelligence, Upply and the International Road Transport Union (IRU) – shows a 14.8 point drop in spot rates in the fourth quarter of 2023 compared to the same period the year prior.
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NewsBIFA reveals winners for its Freight Service Awards
The British International Freight Association (BIFA) held its 2023 Freight Service Awards at the Brewery in London yesterday, revealing the winners of its 11 award categories.
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NewsForce majeure and route changes escalate freight costs
The majority of shipping lines are now rerouting ships via the Cape of Good Hope due to the deteriorating security situation in the Red Sea, while several declared force majeure temporarily relieving them of their normal contractual obligations. Transit times will certainly be delayed and freight costs are expected to rise significantly.
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NewsChanges at the top for TT Club in New Jersey
Insurance provider to the international freight and logistics sector, TT Club, has appointed Graeme Sassarini as its regional general manager – Americas, effective January 1.
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NewsGlobal truck driver shortage to double in next five years
Surveying over 4,700 trucking companies in the Americas, Asia and Europe, the IRU has found that truck driver shortages increased globally in 2023 and over 3 million driver positions are currently unfilled in 36 countries studied.
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NewsGard launched war risk service
Gard has launched a war risk service in response to rising geopolitical tensions, making it easier for clients to mitigate risks in a fast-changing environment.
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NewsShipping industry an easy target for cyberattacks
A report from law firm HFW and maritime cyber security company CyberOwl has revealed that the maritime industry remains an “easy target” for cyber criminals, with the average cost of attacks and demand for ransom payments skyrocketing over the past 12 months.
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NewsAlternatives for project cargo moves in the Caspian States and Central Asia
The rugged terrain and infrastructure limitations of Central Asia present unique challenges for heavy and project cargo transportation – and the geopolitical tensions currently affecting the region are adding a further layer of complexity, writes Megan Ramsay.
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NewsIUMI reports global uplift in premium base
The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its annual conference in Edinburgh, Scotland. All lines of business reported an uplift in their global premium base for 2022 with the total reaching USD35.8 billion, representing an 8.3 percent increase on the previous year.
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CapPro newsGreen steel taxonomy key to kickstart decarbonisation of India’s steel sector
A clear definition of green steel is crucial for steelmakers to start investing in the right technologies, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics finds.
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CapPro news Masdar and Africa50 to scale-up African clean energy
Abu Dhabi Future Energy Company (Masdar) has signed a partnership with Africa50, the pan-African infrastructure investment platform to identify, fast-track and scale clean energy projects across the continent.
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NewsWWPC celebrates 21st annual conference in Toronto
Worldwide Project Consortium (WWPC) members gathered in Toronto, Canada, for the network’s 21st annual membership conference on September 3-6.
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NewsTT Club details battery fire dangers
International freight insurance provider TT Club is seeking greater emphasis on the critical dangers of toxic gas emissions associated with lithium-ion battery fires. The failure of such batteries has the potential to occur with no prior warning, or with such speed that there is typically no time to react to any warning signs.
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Cap Pro
Masdar and Africa50 partner for 10 GW Clean Energy in Africa
Sector: Power
Project Type: Greenfield -
NewsIUMI outlines recommendations for the safe carriage of EVs
The International Union of Marine Insurance (IUMI) has published recommendations on the safe carriage of electric vehicles (EVs). Notably, its research suggests that fires in battery EVs are not more dangerous than fires in conventional vehicles.
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NewsMitigating fire risk at sea as lithium-ion batteries proliferate
Fires aboard vessels remain one of the biggest safety issues for the shipping industry, as highlighted by the recent incident on the car carrier Fremantle Highway, which caught fire last week off the Dutch coast.
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ArticleHLPFI meets: Lars Bonnesen
Justin Archard joins Lars Bonnesen, managing director of United Heavy Lift (UHL), at his home in Denmark to catch up about his life in multipurpose and breakbulk shipping.
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NewsApollo Portconnect Experts launched
Apollo Global Experts has launched Apollo Portconnect, a network geared towards ship agents catering for breakbulk and project cargo vessels, dry and liquid bulkers and offshore vessels.