Recent decisions from US courts, particularly in the Second Circuit (New York), suggest a more contractual approach to determining what constitutes a “package” under the Carriage of Goods by Sea Act (COGSA). By giving effect to express package definitions in bills of...

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Due to the combination of flammable materials, complex machinery, and human factors, fire in the engine room remains the most common and costly risk in Hull and Machinery insurance. Skuld has seen recent cases of engine room fires due to erosion (fusible) plug...

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Europe is investing in ever larger, cleaner container ships at a time when maritime sovereignty and supply-chain resilience have become strategic priorities. Europe’s strategic push to strengthen maritime trade received a boost on Thursday as French shipping group CMA...

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Moving perishable cargo internationally requires meeting multiple conditions to preserve product profitability. Between multi-leg trips, extended layovers, temperature fluctuations, environmental challenges, and varying regulatory compliance demands, every cog in the...

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Vessel transits through the Strait of Hormuz fell to a four-day low on July 2 as regional tensions continued to disrupt shipping patterns through the critical energy chokepoint, with Iran-linked vessels accounting for nearly 60% of crossings, according to vessel...

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