Archive for the ‘Marine Insurance’ Category

P&I cover for autonomous vessels

P&I cover for autonomous vessels
Our series of Autonomous Vessels articles have highlighted the changes afoot in the maritime industry and legal environment. Developments continue apace and leading industry players expect to start seeing remotely operated vessels in commercial operation by 2020, if not before. One of the first types...
December 16th, 2017 | P and I Clubs, Shipmanagement, Technical, Technology | Read More

Lloyd’s Register launches global programme to accelerate safety innovation in industry

Lloyd’s Register launches global programme to accelerate safety innovation in industry
Prof Richard Clegg The Lloyd’s Register Safety Accelerator will bring together technology companies and industry to test innovative digital solutions to critical safety and risk challenges.  London, 14 December 2017 – Lloyd’s Register (LR), one of the world’s leading providers...
December 14th, 2017 | Classification Societies, Marine Equipment Products and Services, Maritime Education and Training, Safety and Security | Read More

Continued support for safe and sustainable ship recycling in Bangladesh

Continued support for safe and sustainable ship recycling in Bangladesh
.. The second phase of an IMO-implemented project to enhance safe and environmentally sound ship recycling in Bangladesh is set to begin in January, following a US$1.1 million funding agreement with Norway. The two-year project will build on the first phase of the Safe and Environmentally Sound Ship...
December 13th, 2017 | Health and Safety, IMO, Ship Demolitions | Read More

High and Lows of Port Risk: TT Club provides guidance

High and Lows of Port Risk: TT Club provides guidance
Dorota Jilli The foremost port and cargo handler insurer, TT Club has spoken of the risk factors most commonly facing port authorities and terminal operators, offering focused advice on how these entities can most easily minimise risk of damage to both cargo and equipment, bodily injuries and reputational...
December 11th, 2017 | Conferences, Seminars, Forums, P and I Clubs, Ports & Terminals | Read More

ABB’s first Azipod® D propulsion system now in operation

ABB’s first Azipod® D propulsion system now in operation
ABB’s newest Azipod propulsion system exceeds expectations ABB, the leading propulsion solution provider, has revealed that an 8,000 kW rescue tug, the first vessel installed with its Azipod D electric propulsion system, has been successfully delivered to customer Guangzhou Salvage Bureau, a division...
December 8th, 2017 | Marine Equipment Products and Services, Salvage, Towage, Wreck Removals, Shipbuilding and Shipyards, Technical, Technology | Read More

North P&I Club celebrates 10 years making waves in Singapore

North P&I Club celebrates 10 years making waves in Singapore
Paul Jennings, Emma Liddell, Thya Kathiravel and James Moran (all members of staff at North P&I) December 7, 2017 – Leading marine insurer North P&I Club celebrated the tenth anniversary of its office in Singapore with a reception in Duxton Hill, attended by shipowners and representatives...
December 7th, 2017 | Anniversaries, Company Profiles, Events, P and I Clubs | Read More

Superyacht refit overspend dispute illustrates danger of acting outside contract

Superyacht refit overspend dispute illustrates danger of acting outside contract
International Transport Intermediaries Club (ITIC) has warned against the dangers of marine service providers informally offering advice which falls outside the scope of their contracts. ITIC cites the case of a yacht manager contracted to provide crew management and ISM consultancy for a superyacht....
December 7th, 2017 | Disputes, Legal, P and I Clubs, Shiprepair, Technical, Technology | Read More

Special Rescue Award to m/v “Hispania Graeca”

Special Rescue Award to m/v “Hispania Graeca”
From the Awards ceremony; second from the left is Stephanos E. Angelakos On 02.11.2017 m/v Hispania Graeca, managed by Angelakos (Hellas) S.A. was awarded the Special Rescue Award at the Amver Awards 2017 ceremony, which was organized by the International Propeller Club. Mr. Stephanos E. Angelakos, who...
December 7th, 2017 | Awards, Safety and Security | Read More

That’s Life –the American P&I Club at 100 years old

That’s Life –the American P&I Club at 100 years old
Vince Solarino That’s Life –the American P&I Club at 100 years old By James Brewer Managers of the American P&I Club were on song as the protection and indemnity mutual entered the latest stage of its centenary celebrations with its grandest annual London reception. They hired one of the...
December 6th, 2017 | Anniversaries, Events, News, P and I Clubs, People and Places, Social Columns | Read More

North P&I Club and AoS spread Christmas cheer to seafarers

North P&I Club and AoS spread Christmas cheer to seafarers
.. Marine mutual liability insurer North P&I Club and seafarers’ charity Apostleship of the Sea (AoS) have teamed-up to spread some Christmas cheer to seafarers. On Tuesday, December 5, North donated 59 Christmas shoeboxes which will be distributed to seafarers by AoS port chaplains and ship visitors...
December 6th, 2017 | Charity, Holidays, Manning - Seafarers and Offshore, P and I Clubs, Religion | Read More

Is the BDI losing steam or…

Is the BDI losing steam or…
John N. Faraclas The BDI (Baltic Dry Index) just managed to gain four points since yesterday ending (?) the weekly surge, now standing at 1,666 points – one thousand above the number of the beast…The Geopolitics are getting worse, once again in all fronts… John Faraclas’ daily briefing: The...
December 5th, 2017 | Conferences, Seminars, Forums, Events, Immigration, Marine Insurance, Markets, News, Reports | Read More

London P&I Club warns of increased risk at congested Chittagong anchorage

London P&I Club warns of increased risk at congested Chittagong anchorage
London P&I Club warns of increased risk at congested Chittagong anchorage The London P&I Club has noted a marked increase in accidents involving ships at anchor in the Bangladeshi port of Chittagong, which it says has become an international hot-spot for anchor-dragging incidents. The club notes...
December 5th, 2017 | Marine Insurance, P and I Clubs | Read More

Somalia signs Jeddah Amendment on illicit maritime activity

Somalia signs Jeddah Amendment on illicit maritime activity
.. 04/12/2017  – Somalia has become the 14th signatory* to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden that has been a key factor in repressing piracy and armed robbery against ships operating...
December 4th, 2017 | IMO, Organisations, Piracy and Terrorism, Politics and Government, Safety and Security | Read More

Reducing Risks, Vulnerabilities and Enhancing Resilience

Reducing Risks, Vulnerabilities and Enhancing Resilience
Richard Moir, The Wealth Forums CEO 18 December 2017 Delegates Lounge, Marlborough House, Pall Mall, London 3:00-6:00pm   Objective Getting our trade, finance and investment governance structures fit for purpose within the context of 21st century trade is a prerequisite to regenerative development....
December 4th, 2017 | Associations, Climate, Conferences, Seminars, Forums, Earthquakes, Tsunamis, Cyclones and Typhoons, Environment, Finance, Oceanology, Weather | Read More

Shipowners’ Club: Renewal 2018/2019

Shipowners’ Club: Renewal 2018/2019
In our Half Year Report, it was noted that the Club had achieved a positive underwriting result, reporting a 99.3% combined ratio. The Board noted that during the third quarter there had been ongoing pressure on income and that claims activity had continued in line with the first half of the year, which...
December 1st, 2017 | Marine Insurance, P and I Clubs | Read More

Crowley delivers power line poles to help Puerto Rico’s Grid rebuild

Crowley delivers power line poles to help Puerto Rico’s Grid rebuild
.. (SAN JUAN, Puerto Rico; Nov. 30, 2017) ­– Crowley Puerto Rico Services is completing the offload of 1,204 utility poles in San Juan today as part of an ongoing series of shipments that could supply up to 65,000 poles to help restore Puerto Rico’s power grid after Hurricane Maria. A video...
November 30th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Energy, Logistics, Weather | Read More

Naval Dome responds to Clarksons cyber attack

Naval Dome responds to Clarksons cyber attack
Itai Sela Viewers can find below a statement from Naval Dome CEO Itai Sela in response to Clarksons cyber security breach. “The announcement yesterday that ship broker Clarksons confirmed its computer systems were breached in a major cyber-security attack is a further indication how the global maritime...
November 30th, 2017 | Chartering, IT and Communications, Safety and Security, Sales and Purchases | Read More

American Club: Good Housekeeping essential to keep a vessel ship-shape

American Club: Good Housekeeping essential to keep a vessel ship-shape
William Moore New York, November 30, 2017 – Daily maintenance and cleaning tasks are essential to supporting a safe working environment on-board a ship, but the importance of these simple actions can also often be overlooked. The latest in The American Club’s Pocket Guides, which contain...
November 30th, 2017 | Books, Health and Safety, P and I Clubs, Safety and Security, Story of the Day | Read More

Marintec 2017: New VIKING MES cuts servicing costs

Marintec 2017: New VIKING MES cuts servicing costs
… Mandatory servicing of marine evacuation systems (MES) on board passenger vessels is both costly and labour-intensive. At Marintec 2017, VIKING will introduce visitors to its latest MES solution that enables shipowners and operators to significantly reduce servicing costs and administration. Set...
November 30th, 2017 | Health and Safety, Marine Equipment Products and Services, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
  28-Nov-2017 CLOSURES FOR MAT SINKING OPS Lower Mississippi River, United States Closures for mat sinking ops Tuesday, November 28, 2017, Lower Mississippi River, United States The United States Army Corps of Engineers (USACE) is conducting mat sinking operations near the HPL...
November 28th, 2017 | Inland Waterways, Port Conditions, Ports & Terminals, Safety and Security | Read More

Breaking News: What’s happening at the Gherkin in the City?

Breaking News: What’s happening at the  Gherkin in the City?
.. As you read these lines (forty minutes ago) –  the area around the Gherkin at St. Mary Axe in the City of London, next door to the Baltic Exchange has been cordoned-off… There has been an evacuation of the entire building (The famous Gherkin). There is a silver Focus car opposite opposite...
November 28th, 2017 | Breaking News, Safety and Security | Read More

The BDI@1,477: Dry Volatility continues… Wets: another enigma…

The BDI@1,477: Dry Volatility continues… Wets: another enigma…
John Faraclas The BDI (Baltic Dry Index) closed earlier on today at 1,477 points, up 19… The Geopolitical situation remind us of a Yellowstone situ…. WISTA-Hellas’ Annual Forum at the Athenaeum InterContinental more than a great success, as did the Chios Village Ladies’ Friends at their annual...
November 27th, 2017 | Academia, Alternative Sources of Energy, Associations, Banking, Charity, Chartering, Climate, Clubs, Communication, Conferences, Seminars, Forums, Consumers Market, Containers, Corporate Social Responsibility, Cruise Ferry, Dry Bulkcarriers, Emissions, Energy, Environment, Events, Fashion, Film Industry, HR, Immigration, Jewelry, Maritime Education and Training, Markets, News, Oceanology, Oil Spill, People and Places, Pollution, Press and Media, Reports, Safety and Security, Sales and Purchases, Ship Demolitions, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Tripartite Shipbuilding Forum agrees on major industry goals

Tripartite Shipbuilding Forum agrees on major industry goals
Carbon emissions, safety and cyber security were at the top of the agenda at the annual Tripartite Shipbuilding Forum which attracted more than 100 delegates. At the end of two days of debate it was agreed that the industry needs to design ships differently and be more technologically innovative to reach...
November 27th, 2017 | Emissions, Energy, Environment, Events, Conferences,Forums and Symposiums, Safety and Security, Shipbuilding and Shipyards | Read More

Insurer MS Amlin honours Marguerite Horner…

Insurer MS Amlin honours Marguerite Horner…
Marguerite Horner. Insurer MS Amlin honours Marguerite Horner for poignant painting of migrants’ church By James Brewer After surviving an arduous journey across North Africa and the Mediterranean and overland in France, only to be forced to bivouac on waste ground outside the port of Calais, a group...
November 25th, 2017 | Art and auctions, Charity, Exhibitions, Insight, Insurance and Reinsurance, Marine Insurance, Paintings and Sculpture, People and Places, Photography | Read More

Britannia P&I Hosts European Members’ Forum in Greece

Britannia P&I Hosts European Members’ Forum in Greece
Dale Hammond (left) and Jonathon Bott (right) The important role that Members from Europe play within the Britannia P&I Club was among the issues discussed at its annual European Members Forum held on 9 November in Athens. The Forum, now in its 21st year, which was attended by 52 Members from across...
November 24th, 2017 | Events, Conferences,Forums and Symposiums, P and I Clubs | Read More