Category Archives: Marine

Is it a bird? Is it a plane? No, it’s a 1,000kmph magnetically levitating pod in an airless tube

In 2013, Tesla and SpaceX CEO Elon Musk published a paper, ‘Hyperloop Alpha.’ His intention? Just to create “a new open-source form of transportation that could revolutionise travel.” Citing his inspiration for this revolution, Musk referred to California’s divisive high-speed … Continue reading →

Transportation risks in Latin America focus on competition and suppliers

The persistent weakness in the Latin American economy is fueling concerns about 3rd-party risk and emerging competition. Continue reading →

Infrastructure tops risks for North American transportation execs

Inadequate national infrastructure, regulatory uncertainty and digital threats are the top risks concerning transport providers in North America this year, according to Willis Towers Watson’s Transportation Risk Index 2016. Continue reading →

Scariest Risks of 2016

As Halloween nears, people’s thoughts inevitably turn to ghoulies and ghosties, and long-leggedy beasties, and things that go bump in the night. At the Wire we take this opportunity to reflect on the scariest risks our clients faced this year.  … Continue reading →

The strategic opportunity of risk in the transportation industries

The transportation sector’s intimate relationship with the global economy means that its modern practitioners face risks that are influenced by factors such as increasingly complex markets commercial alliances transient workforces disparate regulatory frameworks the inexorable march of technology geopolitical shifts … Continue reading →

Navigating cargo risks following Hanjin’s collapse

After Korean creditors pulled the plug on Hanjin’s financing in the last days of August, ramifications are being felt throughout its supply chain. Continue reading →

The risk manager of the future

Some people miss the good old days. I don’t. I’ve been around since the days when business was done on a napkin with people who were more like buddies than business partners and yes, when the deal was done, there … Continue reading →

Maritime Corporate Risk Now Has a Human Face in an Increasingly Difficult Regulatory Environment

Huge ships in port

The regulatory tides have recently shifted toward holding top management more accountable for company performance at a time when the insurance products which cover the liability of directors and officers (D&O) are steadily growing in complexity. Continue reading →

Shipping Week Attendees Told to Expect More Trade Volatility

Delegates at the myriad events that comprised London International Shipping Week (LISW) this year were warned to expect more trade volatility and a continuously shifting commercial seascape as global economics shift and new technologies make their presence felt. Continue reading →

“Smart” Ships Vulnerable to Cyber Attacks

marine danger

Many of the world’s leading shipowners and port operators are undertaking a rapid digitalisation of their businesses in the pursuit of greater operational efficiency, profitability and growth. The increased use of computerised systems for everything from navigation to container inspection … Continue reading →