The Hijacking of the Brillante Virtuoso

A MYSTERIOUS ASSAULT. AN UNSOLVED MURDER. AND A SHIP THAT HASN’T GIVEN UP ALL ITS SECRETS BY KIT CHELLEL AND MATTHEW CAMPBELL Nestor Tabares must have known the hijackers were out there, waiting. It was his 13th day at sea aboard the oil tanker Brillante Virtuoso, and as the ship turned east, into the pirate-strewn waters […]

“Perfect Storm” of Cyber Security, Regulation and Cost Cutting Impacts Global Shipping, According to Allianz Safety & Shipping Review 2017

85 large ships lost worldwide in 2016, down 50% over a decade. Top losses in South China and Southeast Asia; the East Mediterranean replaces British Isles as top incident hotspot. Cyber, autonomous shipping and piracy risks concern maritime industry as economic pressures challenge budgets. Human error accounts for $1.6bn in liability losses over past five […]

Insurance gaps leave shipping exposed to growing cyber threats

By Jonathan Saul and Carolyn Cohn Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through into global prices. Digitalization means electricity networks, emergency services, industry and agriculture are all vulnerable to hacking by criminal […]