“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

Importance of- P&I club in shipping and Marine Hull Insurance-ITC Hull & P&I Clause. On 8th November 2018, the oil tanker Sola Ts owned by ship-owner Tsakos was involved in a collision with the military vessel Helge Ingstad off the coast of Bergen, Norway. The ship-owner Tsakos is a member of P&I club Britannia, head quartered at London. As per...

NotPetya ransomware cost Merck & Co more than $300 Mn per quarter Brief about Merck & Co, Inc Merck & Co, Inc is an American pharmaceutical company and one of the largest pharmaceutical companies in the world. Headquarters - Kenilworth, New Jersey, United States No of employees – 70,000 plus Revenue – US$ 40 billion plus   Cyber attack –...

“Vessel Casualty Report gives details of vessels which have met with some casualty while carrying cargo from one Port to another and which may have resulted in (i) loss/damage to the cargo carried in the vessel or (ii) General Average Loss/Expenditure. Please go through the Casualty Report and check whether your cargo had been carried in any of the vessels mentioned therein and check...

"As an informed exporter, it is important to know the major economic indicators of the countries where you are exporting. This is important to foresee if there are any possible chances of payment defaults. If there is, changes can be made in the payment terms. Hence, in order to aid this decision making process, we present the findings provided by...