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Piracy and Kidnapping in Sulu & Celebes Sea

According to ReCAAP Information Sharing Centre Special Report on Abducting of Crew from Ships in the Sulu-Celebes Sea and Waters off Eastern Sabah (Part III) – Issued 31/3/2017, from March 2016 until March 2017 a total of 22 incidents (13 actual and 9 attempted) have been reported in the Sulu-Celebes Sea and waters off Eastern Sabah, with a total of 58 crew members being abducted.

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Is Somali Piracy threat re-emerging?

by Despina Kalfa. After four (4) piracy attacks* in just three weeks and after approximately a five-year hiatus, observers now warn that East Africa piracy is making a comeback. More particularly, it has been reported that at least eight (8)…

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Ocean Protection Services (Athens Office)

Aries Marine’s collaboration with OPS Maritime Security, continues for a 6th consecutive year and is further being enhanced by the soon expected opening of OPS’s new office in Athens. OPS Maritime Security, a part of OPS Global Risk Management Group,…

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International Group Reinsurance Rates 2017/18

The International Group announced yesterday evening that it had concluded terms for 2017 in respect of the excess of loss reinsurance. Following the trend of the last three renewals and as anticipated, R/I rates have again improved resulting in premium…

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