What is Marine Insurance? Types & Policies

What is Marine Insurance? Types & Policies

What is Marine Insurance? According to Marine Insurance Act, 1906: “An agreement whereby the insurer undertakes to indemnify the assured, in the manner and to the extent thereby agreed, against incidental to marine adventure. It may cover loss or damage to vessels, cargo or freight.” Marine insurance is a type of insurance that provides compensation…

Top 15 Ports in Italy

Top 15 Ports in Italy

Italy has played an important role in marine trade since antiquity, owing to its unique topography. In earlier times, ports in Italy like Genoa, Venice, Pisa, and Amalfi competed for dominance of trade routes along the Mediterranean Sea throughout the Middle Ages and Renaissance. While they eventually fell victim to the rise of Atlantic trade…

16 Biggest Ports in India

16 Biggest Ports in India

Before diving into the list of the major ports in India, let’s find out more about India’s sea trade activities and statistics. Introduction Kerala, Karnataka, Maharashtra, Goa, Gujarat, West Bengal, Odisha, Andhra Pradesh, and Tamil Nadu are the nine coastal states that makeup India. One of the biggest areas of land that juts out into…

Top Container Terminal Operators in the World

Top Container Terminal Operators in the World

Container terminals are very vital in this maritime industry as many facilities are being provided at the terminals and most of the part of the shipping can be done at the container terminals like packaging, loading-unloading, storing containers for some time and repair. Hence management and operating of these container terminals is a challenging job….

Major ports in Spain

Major ports in Spain

Spain has a long maritime history and used to be a major naval power. For this reason, it was of immense strategic importance in the past. It has coastal regions on three of its sides and hence the maritime industry got a boost. It is the base of the trading system in Europe. Many of…