Hijackings at record low, but danger persists in Gulf of Guinea

There were a total of 156 incidents of piracy and armed robbery against ships reported to the ICC International Maritime Bureau’s (IMB) Piracy Reporting Centre (PRC) in the first nine months of 2018  up from 121 for the same period in 2017, but only four vessels were hi-jacked – a record low. In...


Philippines Coast Guard warns of Abu Sayyaf kidnapping plans

ReCAAP ISC said October 30th that it had received information from the Philippine Focal Point (Philippine Coast Guard) that a group of approximately 10 ASG (Abu Sayyaf Group) members armed with pistol, rifles and a grenade launcher were planning to conduct kidnapping activities in Sabah, primarily...


Cargo shipping in Russia’s NSR increased five times in five years

Cargo shipping in Russia’s Northern Sea Route has increased about five times since 2013, Aleksandr Kalashnikov, the department head at the Northern Sea Route Administration, reported.

In fact, a total of 13 million tons of cargo has been transported through the route until October 1. This is a major increase compared to the just 3 million tons that were shipped in 2013. In addition, the full year figure is expected to reach as much as 17 million tons.

More and more ships are choosing the Northern...


Lloyd’s confirms fac and xol treaty reinsurance from Brussels

Lloyd’s has confirmed that it will be able to write facultative reinsurance and non-proportional excess of loss treaty reinsurance on Lloyd’s Brussels paper from January 1st 2019, the main treaty renewal date in Europe, across all markets in the EEA. Lloyd’s also said that, should the UK not secure...


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