The Standard Club’s loss prevention (LP) department comments on how this current crisis in oil prices coupled with the fall in demand has pushed several oil producers, traders and consumers to stock up, leading to a shortage in storage space for oil, not just crude but even clean products such as aviation fuel and gasoline.

As drone technology has recently seen an increased popularity in maritime surveillance, Ben Burkard, Underwriting Director, and Julian Hines, Loss Prevention Manager at the Standard P&I Club, consider the risks, rewards, as well as the potential regulatory issues surrounding the use of drones in shipping.