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Even with the high profile Costa Concordia wreck last January, the number and severity of maritime claims is down.

Jorge Pecci's leadership skills and tremendous knowledge from his years as a ship captain served him well as he created a respected maritime loss-control network and now oversees emerging growth areas for Chartis.

A program to escort merchant ships through pirate waters has raised $30 million, and plans to raise another $40 million once the program is under way.

There have been 67 attacks off Somalia alone this year, with 13 successful hijackings and 185 crewmembers currently held hostage. With ransom on the increase, pirates reckon that launching attacks is still worth the risk.

From ship-wide sicknesses to murder on the high seas, risks run aplenty in the leisure maritime market.

In the wake of a difficult cycle, marine and shipping companies face rate increases.

More than five times as high above the water line as it is below the water line, the Costa Concordia reveals how modern ship design push the boundaries of safety.

With reports of a salmon virus, the aquaculture industry in the Northwest braces itself for the worst.

A year and a half after the lethal blowout of the Macondo well, the federal government has given BP approval to dig a deeper well in the Gulf of Mexico.

Wrenching changes in the marine market are good for the industry.

The concentration of cargo on tomorrow's huge container ships is rewriting the rules of ocean-marine transport.

Cyclical and noncyclical changes promise to turn the marine market inside out--and generally for the better.

Why do insurers continue to enter the marketplace and battle for business they can't earn profit from?

When choosing marine cargo insurance, it's important to consider factors beyond price.