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Major UK maritime insurers, the UK P&I Club and TT Club, have signed up for the Safetytech Accelerator Cargo Fire & Loss Innovation Initiative (CFLII).
The Suez Canal Authority (SCA) said it had successfully attached tows to the LNG carrier BW Lesmes and aframax tanker Burri which blocked the waterway following a collision early Wednesday.
The fire ravaged car carrier Fremantle Highway has been successfully towed to port in the Netherlands averting fears it could sink leading to an environmental calamity.
More than two-thirds of the 104 seafarers who perished in the 26 bulk carriers lost at sea in the ten years since 2013 died as a result of cargo liquefaction, according to statistics just released by the International Association of Dry Cargo...