Archive

What is the AIS system? AIS technology was developed by the IMO technical committees to prevent collisions between vessels at sea. It identifies every vessel individually, along with each vessel’s specific position and movements, enabling a virtual picture to be created in real time. The AIS standards include a variety of automatic calculations based on these position reports, such as closest point of approach (CPA) […]

It is impossible to detach a business industry from the effects of a full scale military invasion by the Russian Federation of February 24, 2022. It would be difficult to argue that the transport industry suffered the most severe shocks, but perhaps the trade industry takes first place as it was also seriously challenged since it critically depends on the ability to deliver goods quickly […]

The invasion of Ukraine triggered a wide range of sanctions with both direct and indirect effects on our industry. These sanctions, coming on top of other sanctions already in existence, have made insurance companies’ compliance departments busier than ever before, with their officers being asked to do detective work regularly. In January this year, a tragic explosion onboard the tanker Smooth Sea 22 introduced us to a […]