Fall in total losses masks continued concerns

Large shipping losses are at their lowest level this century, according to Allianz, but the insurer has warned the market is still facing significant challenges.  Allianz’s Safety & Shipping Review 2019 has stated a decline in major losses by more than 50% year on […]

Russia adds to NSR icebreaker fleet

Russia has launched a newly constructed nuclear icebreaker, dubbed Ural after the west-Russian mountain range, at the Baltic Shipyard in St Petersburg. The vessel, with a completed hull and lower bridge superstructure, will now be […]

Indonesia’s new coastguard announced

Even before the final count for the Indonesian President Joko Widowo’s second term is finalised, one election promise has been met. Last week the Minister for Transport Budi Karya Sumadi announced that the government would […]