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Articles for May 2023
Keeping a hand on the tiller: the Poseidon Principles for Marine Insurance
The Poseidon Principles for Marine Insurance have brought about both enthusiasm, debate and a certain degree of scepticism. So why should more insurers be part of the initiative? Neil Henderson, of Gard (UK), reports
Piracy and maritime crime incidents on the increase
There has been a shift to armed robbery attacks against vessels in territorial waters, while hijackings and crew kidnappings have become less common, writes Bridget Diakun of Lloyd's List
Loss-of-hire policies in focus
Rui Hao, of Richards Hogg Lindley and an Association of Average Adjusters expert, casts light on problem areas with loss-of-hire policies
Headwinds for the Poseidon Principles
The Poseidon Principles provide a platform for financing shipping's sustainable future, but the technical guidance underpinning the initiative remains under scrutiny, suggests James Clayton, at Campbell Johnston Clark
How far are we away from autonomous offshore vessel operations?
Josh Broussard, at Ocean Infinity, sets out to answer the question of when, not if, autonomous vessels are part of the international fleet
The 2023 revision of the Nordic Plan
Anders Færden and Halvard Saue, of Wikborg Rein, review the changes in the Nordic Marine Insurance Plan and consider what it means for the shipping insurance sector
Carriers warned of evolving drug smuggling methods
Narcotics smugglers have always used shipping as part of their trade. But the costs for carriers can be high, and crew are being increasingly targeted, writes James Baker of Lloyd's List
All change ahead
Italy's ship and port owners bear the brunt of a rapidly changing marine environment, warns Alberto Batini, of BTG Legal, a member of Global Insurance Law Connect
Alternative propulsion for ships
Enrico Vergani and Giulia Morelli, at BonelliErede, believe the industry is heading towards environmentally friendly fuels in transport
The Sustainability Imperative, Part 2
Simon Petch, of Watson Farley & Williams LLP, argues the case for sustainability in the shipping sector