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Reprints
A report by the International Maritime Bureau said that more than 90% of hostage-takings and 70% of all kidnappings at sea took place in the Gulf of Guinea in the first half of the year, Hellenic Shipping News Worldwide reports. The IMB Piracy Reporting Centre recorded three piracy cases at Douala anchorage during the period.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms