
Gard saw five fires originating in the main and auxiliary engines in the first month of 2025 alone. Tragically, some of these engine room fires resulted in fatalities and serious injuries to seafarers. While it is too early to draw any conclusions about how the rest of the year will go, it may be helpful to review experiences from recent years. Although the main cause of these fires may not be identical, there are certain similarities in the underlying patterns of the fires. Every year fires on board ships lead to loss of lives and severe damage to the vessels themselves. Most fires on board ships originate in the engine room Continue reading “Engine room fires are still a major concern”




In 2023, the global soya bean market (also known as soybeans and soyabeans) was valued at over USD 200.37 billion, and it is projected to grow to USD $259 billion by 2032.The shipping industry plays a significant role in supporting this global industry, but behind these impressive figures lies a perilously narrow window for safe ocean transport. Despite being loaded in sound condition and carried by well-maintained vessels on unexceptional voyages, soya beans continue to arrive in a deteriorated condition far too often. Claims related to spoilage frequently run into millions of dollars, exposing shipowners, operators, and marine insurers to significant financial risk.
Cyber incidents are the top global risk for 2025 and by a higher margin than ever before – making it the fourth year in a row that cyber is ranked as the number one risk across industries, according to the Allianz Risk Barometer 2025.



