“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 […]

Port Entry Permission System to be Enforced in Korean Ports

Skuld P&I updates members.  Advisory to Members Please be advised that amendments to the “International Ship and Port Facility Security Act” and “Ship’s Port Entry and Departure Enforcement Act” passed the Korean Cabinet Council on 2 August 2016.  These amendments were taken as a measure to strengthen port security in the light of a recent […]