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The International Group of P&I Clubs (the "Group") has revised its Letters of Indemnity following the decision of the Commercial Court in Farenco Shipping Co Ltd v Daebo Shipping Co Ltd (The Bremen Max) 2009 1 Lloyd's Rep
Piracy in the Gulf of Aden and off the coast of Somalia has for some time now been the subject of considerable publicity, most recently in the United States with the rescue of an American sailor by the U.S. Navy
With piracy attacks on the rise, especially in the Gulf of Aden off the East coast of Somalia, the insurance industry is seeing an increase in requests for specialist kidnap and ransom insurance
