Navigational incidents and collisions are increasing

  The Standard P&I Club has investigated the number and cost of navigational incidents over the past ten years and the facts are alarming at many levels. In the past five years, there have been 85 claims of over $1m of which over 50% were directly related to navigational issues. Of these claims, 42% were…

APM Terminals opens new regional headquarters in Singapore

  APM Terminals will expand its presence in the Asia-Pacific market, which now accounts for nearly one out of three TEUs (by equity share) handled in the APM Terminals Global Port, Terminal and Inland Services Network, by opening a new regional headquarters office in Singapore, allowing the Shanghai office to concentrate on China and Japan…

Somali Transitional President Urges More Foreign Help To Fight Piracy

  Sheikh Sharif Sheikh Ahmed, president of the Transitional Federal Government of Somalia, said Wednesday that his country needed more financial and military support from abroad to fight terrorism and piracy. Speaking at the opening of the two-day Marine Counter Piracy Conference, which runs in its 2nd edition in the Gulf Arab Emirate (UAE) of…

Focus on Human Cost of Maritime Piracy & Need for Regional Solution

  HH Sheikh Abdullah calls for inclusive, long term, sustainable solutions to eradicate maritime piracy, in a speech delivered by HE Dr Anwar Gargash, Minister of State for Foreign Affairs. HE Sultan Bin Sulayem highlights the role of Public Private Partnerships The human and economic cost of maritime piracy and exploring ways to enhance the effectiveness of a…