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 ...

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 ...

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 ...

“Fireboats are basically an insurance policy.” -Meeting minutes, Southeast Texas Waterways Advisory Council (SETWAC).Developments in America’s coastal ports are causing officials to closely review ...

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

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 ...

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 ...