Port of Singapore Faces Significant Congestion Amid Global Supply Chain Crisis June 12, 2024  The Port of Singapore, the world’s second busiest container port, is currently experiencing severe congestion, causing a significant impact on global supply chains. According to market intelligence firm Linerlytica, the port has reached a critical bottleneck, handling a staggering 2 million […]

06/06/24 Recent Attacks Highlight Escalating Risks and Growing Market for Armed Guards In the wake of renewed piracy off the Somali coast, the maritime industry faces increasing threats, prompting heightened security measures and soaring costs for onboard armed guards. Captain Rahul Khanna, global head of marine risk consulting at Allianz Commercial, emphasised the urgency of […]