News Flash | Sea and Job

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...

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...

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...

Shipping Perishables Internationally: How Cold Chain Strategy Impacts Product Loss And Profitability

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...

Strait of Hormuz vessel transits drop to four-day low July 2: CAS

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...

Tanker Market Softening After Easing of Middle East Tensions

Clean LR2 The TC1 75kt MEG/Japan index dropped significantly this week, losing 143 points to WS361. A voyage west also fell in value this week with the TC20 90kt MEG/UK-Continent index going from $9.75 million to $8.27 million. In Europe the TC15 80kt...

US courts signal shift in the interpretation of “package” under COGSA

Fire in the engine room due to auxiliary engine erosion plug failure

CMA CGM deploys world’s largest LNG-powered container ship on Asia-Europe route

Shipping Perishables Internationally: How Cold Chain Strategy Impacts Product Loss And Profitability

Strait of Hormuz vessel transits drop to four-day low July 2: CAS

Tanker Market Softening After Easing of Middle East Tensions

Recent News