‘Urgent Action’ Needed to Help Stranded Sailors and Avoid Supply-Chain Risks December 10, 2020 By Alastair Marsh Fidelity International is calling for urgent action to address the humanitarian crisis and supply-chain risks caused by the more than...
Australia Detains Cargo Ships for Alleged Labor Violations Related to COVID Lockdowns August 12, 2020 By Aaron Clark, Krystal Chia and Jinshan Hong Australian authorities detained at least two cargo ships for alleged labor violations related to demands from seafarers to be sent...
Companies Risk Losing More Than 40% of Annual Profit on Supply Chain Shocks: McKinsey August 11, 2020 By Brendan Murray Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyber...
New Risk to Global Supply Chains Emerges as Weary Crews, Stuck Offshore, Halt Work August 7, 2020 By Aaron Clark and Annie Lee A new risk to global supply chains is emerging as exhausted seafarers stuck offshore for months halt work, a breaking...
Fidelis, Aon and Marsh Develop Marine Cargo Clause Aiming to Combat Modern Slavery June 22, 2020 A group of brokers and insurers in the London market has come together to announce a new approach to keeping...
Germany’s Rhine River at Dangerously Low Levels, Which Could Disrupt Shipping June 9, 2020 By Jack Wittels and William Wilkes Germany’s Rhine River is entering dry summer months with water levels at their lowest in two decades, prompting fears of...
Risk Professionals Reassess Top Risks During Post-COVID Era June 8, 2020 Reaching out to some of the same risk professionals that respond to the its “Global Risks Report” each year, the...
UK Government Forms £10 Billion Reinsurance Backstop for Trade Credit Insurers June 4, 2020 By L.S. Howard The UK government has created a £10 billion (US$12.5 billion) reinsurance scheme designed to help businesses during the COVID-19 pandemic...
Coronavirus Blocks Farm Laborers from Working in UK – in Possible Foretaste of Brexit May 18, 2020 By Sylvia Hui Britain’s fruit and vegetable farmers have long dreaded their country’s exit from the European Union, worrying that it would keep...
Europe Faces Sweltering Summer with Below-Average Rainfall: Scientists May 18, 2020 By Jonathan Tirone Europe is set for a sweltering and tinder dry summer this year, posing trouble for farmers, utilities and transportation on...