RISK
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Marine World
BIMCO Updates War Risk Clauses Amid Red Sea Crisis and Global Maritime Threats
BIMCO, the world’s largest shipping association and one of the primary providers of standardized contracts and charter party agreements used in the…
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Port News
BIMCO adopts reviews of war risk clauses
The documentary committee of BIMCO has approved revisions to its war risk clauses for voyage and time charters to reflect…
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Maritime News
Trump's Tariffs Risk of Shipping Chaos
U.S. President Donald Trump’s new tariff plan has the ocean shipping industry on edge as he stokes a trade war…
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Marine World
Moving Beyond Mental Health: A Smarter Approach to Human Risk in Maritime Operations
Human error contributes to nearly 80% of maritime accidents. Despite the industry’s reputation for precision and discipline, safety still depends…
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Marine World
Billion-Dollar US Levies On Chinese Ships Risk ‘Trade Apocalypse’
By Laura Curtis, Weilun Soon and James Attwood Mar 23, 2025 (Bloomberg) –For a symbol of the chaos engulfing world trade…
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Port News
Investigators warn 68 American bridges are at risk from a Dali-style accident
The one-year anniversary since 2024’s most high-profile ship accident is next week, and the fallout from the Dali containership’s destruction…
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Marine World
CK Hutchison Flags Political Risk as Port Deal Upsets China
CK Hutchison Holdings Ltd. warned of a deteriorating global business environment due to geopolitical and trade tensions, as the Hong…
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Marine World
NTSB: Baltimore Key Bridge Collapse Risk Was 30 Times Above Acceptable Threshold; 68 Other Bridges Need Assessment
The National Transportation Safety Board (NTSB) revealed today that the Francis Scott Key Bridge, which collapsed following a vessel strike…
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Maritime News
Continuing Resolution Puts U.S. Navy Maintenance, Recruitment at Risk
The U.S. House of Representatives has passed a continuing resolution (CR) rather than a budget to fund the federal government…
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