Fire on Car Transport Ship Felicity Ace Continues After One Week February 23, 2022 By Craig Trudell and Joao Lima The operator of Felicity Ace, the ship transporting thousands of Porsches, Lamborghinis and other Volkswagen AG vehicles, said Tuesday it...
Porsches and Lamborghinis Lost at Sea in Cargo-Ship Fire Could Cost $155 Million February 22, 2022 The cargo ship that caught fire last week carrying about 4,000 Volkswagen AG vehicles could cost the automaker at least...
Update: Ship Carrying Porsches, Audis and Bentleys Catches Fire Near Azores February 19, 2022 By Madison Muller The Felicity Ace, a massive cargo ship carrying thousands of Volkswagen Group vehicles, caught fire near the Azores islands in...
Container Shipping Giant Maersk Speeds Up Decarbonization Target by a Decade January 14, 2022 COPENHAGEN – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a...
Russian Nord Stream 2 Pipeline Faces Big Hurdles Amid Ukraine Tensions December 29, 2021 By David McHugh and Vladimir Isachenkov FRANKFURT, Germany (AP) – The pipeline is built and being filled with natural gas. But Russia’s Nord Stream 2 faces...
Found in Space: How Skytek Tracks Supply Chain Risks—and More December 29, 2021 By L.S. Howard Oil spills, port explosions, blockages in the Suez Canal and supply chain risks. These are just some of the events...
Leading Marine Re/Insurers Join Push to Decarbonize Global Shipping December 15, 2021 Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon...
Filhet-Allard Maritime Buys Majority Stake in Marine Specialist Latitude Brokers December 8, 2021 Filhet-Allard Maritime, the France-based insurance broker for the commodities trading, shipping and industrial markets, has acquired a controlling stake in...
AGCS, Insurtech Visicover Launch Marine Insurance Service for UK Leisure Vessel Owners December 7, 2021 Allianz Global Corporate & Specialty (AGCS), Allianz’ entity for large-scale corporate and specialty risks, announced the launch of an online...
Willis Towers Watson Launches Industry Risk Forum for Ports and Terminals December 2, 2021 Insurance broker Willis Towers Watson announced the launch of a dedicated risk forum for the ports and terminals industry. With...