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How to buy cargo insurance: rethinking traditional approaches

Buying cargo insurance directly from your shipper, per-shipment, especially when that shipper operates on a global scale, is not about dismissing brokers or traditional cargo insurers. These have an important place, particularly for complex or high-value trades that...
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The July 2026 edition of the DNV class rules and standards for ship and offshore

The July 2026 edition introduces new class notations and significant updates designed to support the maritime industry’s ongoing transition towards greater sustainability and innovation. This news highlights the key changes introduced in the new edition. Notable...
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US courts signal shift in the interpretation of “package” under COGSA

US courts signal shift in the interpretation of “package” under COGSA
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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Fire in the engine room due to auxiliary engine erosion plug failure

Fire in the engine room due to auxiliary engine erosion plug failure
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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CMA CGM deploys world’s largest LNG-powered container ship on Asia-Europe route

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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