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MV X-Press Pearl to Be Declared As Complete Loss-Owner
Tragic incident related to fire which happened on the MV X Press Pearl seems to have resulted in complete destruction of ship structure as seen from the images. As per the owner of the vessel, ship will be declared as complete loss. As per the media reports, the ship was denied entry in other ports […]
Shipping Insurance for High Value Cargo
Protecting Precious Cargo: The Importance of Shipping Insurance for High Value Goods. In the world of international trade, the movement of goods across vast oceans and through complex supply chains is a common occurrence. These goods often include high-value cargo, such as luxury automobiles, electronics, pharmaceuticals, and priceless works of art. Ensuring the safety and […]
Pirate Attack on Container Ship- 8 Crew Made Hostage
As per the recent news coming from the shipping industry, a pirate attack took place on a container vessel, named TOMMI RITSCHER at Cotonou Anchorage, Benin, Gulf of Guinea. The vessel was at anchorage. The pirate came in speed boat. But ship already informed the coast guard. Upon seeing navy ship coming, the pirate boat […]