INTERNATIONAL legal and operational challenges posed by piracy — as well its ancient antecedents — were not lost on a high-level Lloyd’s of London session last week assessing security risks faced by global business and governments today.

NORWEGIAN mutual Gard has hauled clear of substantial losses booked amid last year’s financial crisis with a profit of $197m over the first six months of its 2009 year, writes Jerry Frank .

IS THE global economic recession akin to an act of God or a Pacific ocean tsunami? This is not a Donnish line of questioning to tease Oxbridge entrants, but a critical question for those assessing contractual obligations under different legal systems and the doctrine of force majeure after the great crash of 2008.

NORWEGIAN mutual hauled clear of substantial losses booked amid last year’s financial crisis with a profit of $197m.

NATO’s secretary-general melting of the Polar ice cap has opened the way for new commercial sea lanes and poses new security challenges for the international community.

THERE were half as many more collision incidents in 2008 than at the beginning of the decade, according to Standard Club data, writes Jerry Frank .