Related Articles
Canada: Arctic Challenges and Opportunities
Christopher Kelly analyzes the results of the Arctic Council’s deliberations in Sweden, its implications for regional security, and Canada’s interests as it assumes the rotating Chairmanship of the Council.
The Logistics of a Superpower
Paul Pryce discusses the importance of naval and air bases to American power projection – and their vulnerability to public opinion.
The Economics of Maritime Risk and its Impact on Prices
The London market’s Joint War Committee (JWC), a highly influential advisory group of market practitioners, designates the Listed Areas or areas with “increased risk of war-related perils.” Voyages through Listed Areas must be notified to hull insurance underwriters by shipowners which ultimately triggers a negotiation for an additional premium (AP) for war risk coverage, usually quoted as a % of hull value for a 7-day period. Faced with Read More…




