shipowners News

Greek Shipowner Torched His Tanker in $77 Million Insurance Fraud: London Judge

A Greek shipowner orchestrated a plan for men posing as pirates to attack and set fire to his tanker, in an elaborate fraud to seek $77 million in insurance money, a London judge found. In 2011, Marios Iliopoulos lured the …

North P&I Club, GRAY PAGE to Vet ‘Armed Maritime Security Providers’

The North P&I club announced that it has joined forces with specialist maritime intelligence, investigation and crisis management company GRAY PAGE to vet armed maritime security providers (AMSPs) on behalf of the club’s members. North P&I said its goal is …

Shipowner Calls for Suez Canal Boycott over Pirate Threat

A leading Norwegian shipowner called on tanker operators to boycott the Suez Canal which he said would force global powers to intervene in Somalia to crush piracy by forcing up oil and commodity prices. The call, which has yet to …