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Piracy and Security

Set Alert for Lloyd's List Sectors :: Piracy and Security

P&I clubs plan five-fold increase on excess war risk cover

The move will require owners of ships that are worth more than $100m to buy higher value cover on their first layer of war risk insurance

International Insurance

Bureau Veritas says French-led coalition on decarbonisation is industry leader

BV’s commitment to a maritime energy transition coalition is just one of the partnerships the class society has joined as it seeks to advise shipowner clients on the decisions they have to make.

France Bureau Veritas

Tanker crew released after kidnap ordeal

The crew of a Greek-owned tanker have been released after being held hostage for three weeks in the west of Africa

Middle East and Africa Piracy and Security

Samudera tanker crew repel attack

Incidents have been increasing in the area, with three boardings in the Singapore Strait in January so far

Tankers and Gas Piracy and Security

West African pirates hijacking larger vessels to maximise ransom returns

West African gangs are extracting $30,000 to $50,000 per kidnapped crew member from insurance companies

Middle East and Africa Piracy and Security

South Korea to send forces to Strait of Hormuz

The expansion of the unit’s sphere of activity is to guarantee safety of South Koreans and freedom of navigation of vessels, says South Korea’s defence ministry

Tankers and Gas Piracy and Security

Tanker crew kidnapped off Togo released with one dead

The crew will be debriefed by the local authorities and then return home to their families

Tankers and Gas Piracy and Security

Gulf of Guinea accounts for more than 90% of crew kidnappings

There were 121 seafarer kidnappings in the Gulf of Guinea in 2019, which is an increase of more than 50% compared with 2018

Piracy and Security Crewing

Call for improved security in Singapore Strait amid crime spike

Some 31 incidents were reported in the Singapore Strait last year compared with only seven in the previous year

Singapore Piracy and Security
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