Archive for the ‘Marine Insurance’ Category

HFW Insurance Bulletin 26 May 2017

HFW Insurance Bulletin 26 May 2017
In this week’s Bulletin: 1. Regulation and legislation EU: Expiry of the Insurance Block Exemption Regulation 2. Court cases and arbitration England & Wales: Gard Marine v China National:...
May 26th, 2017 | Communication, Insurance and Reinsurance, Legal, Marine Insurance | Read More

Contained losses with the BDI@912; be alerted on Geopolitics and Terrorism…

Contained losses with the BDI@912; be alerted on Geopolitics and Terrorism…
John Faraclas The BDI (Baltic Dry index) lost six points given that there was a contained loss for both the Capers and Panamaxes; geopolitics are worsening and Terrorism of ANY kind must be curbed. John Faraclas’ daily and weekly report: The BDI was also down  44 points since last week’s closing...
May 26th, 2017 | Bribery and Corruption, Chartering, Climate, Container shipping, Dry Bulkcarriers, Emissions, Environment, European Union, Events, Health and Safety, Liner Shipping and Trade, Marine Insurance, Maritime Tourism, Markets, Military, News, Oceanology, Oil Industry, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More

Hot Port News from GAC

Hot Port News from GAC
25-May-2017 PORT WORKING HOURS DURING RAMADAN Yanbu, Saudi Arabia TYPHOON SEASON Hong Kong RAMADAN PORT WORKING HOURS Abu Dhabi, United Arab Emirates MARINE WORKS AT OIL TERMINAL, CHAI WAN Hong Kong UNDERWATER INSPECTION WORKS AND SUBMARINE CABLE LAYING OPERATIONS Hong Kong RAMADAN...
May 25th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Ports & Terminals, Religion | Read More

DNV GL salvage support for the “Modern Express”

DNV GL salvage support for the “Modern Express”
When maritime incidents occur and the DNV GL Emergency Response Service (ERS) is called in, every minute counts, and close cooperation with salvage services is essential for a good outcome. One notable case was “Modern Express”. by Mick Potterton, Head of Section Emergency Response Service Last...
May 25th, 2017 | Maritime Accidents, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Leading fishing insurer Sunderland Marine puts safety first at Skipper Expo

Leading fishing insurer Sunderland Marine puts safety first at Skipper Expo
Tom Rutter Chief executive officer of Sunderland Marine Sunderland Marine, the world’s leading international insurer of fishing vessels and aquaculture risks, is putting safety at the top of its agenda during the Skipper Expo International show at the Aberdeen Exhibition and Conference Centre on 26-27...
May 25th, 2017 | Company Profiles, Conferences, Seminars, Forums, Events, Exhibitions, Fisheries, P and I Clubs | Read More

Cyber Security General Awareness Training

Cyber Security General Awareness Training
DNV GL acknowledges that the maritime sector is in need of adequate cyber security to safeguard organizations, assets and information. To that end, Maritime Academy Hellas is offering on 14 June 2017, a 1-day general awareness Cyber Security course in order to provide awareness for all personnel and...
May 25th, 2017 | Classification Societies, Events, Conferences,Forums and Symposiums, Safety and Security | Read More

Seafarers ‘charity supports ship crew after master’s death

Seafarers ‘charity supports ship crew after master’s death
Fr Colum Kelly AoS port chaplain Seafarers’ charity Apostleship of the Sea (AoS) has responded to the pastoral needs of a group of seafarers after their captain was found dead on their ship during a voyage from New York, United States to Tilbury, Essex. The container ship, Santa Bettina, was a week...
May 24th, 2017 | Charity, HR, Manning - Seafarers and Offshore, Maritime Accidents, Religion | Read More

Merchant ships’ involvement in migrants’ search and rescue operations growing again

Merchant ships’ involvement in migrants’ search and rescue operations growing again
From the Warsaw meeting ECSA’s Maritime Security Working Group recently had an exchange of views with the European Border and Coast Guard Agency in Warsaw on maritime security issues. The Shipping industry is directly affected by challenges, such as migrants at sea.  Whereas the number of migrants...
May 24th, 2017 | Associations, Events, Conferences,Forums and Symposiums, Health and Safety, Immigration, Maritime Accidents, Safety and Security | Read More

Marsh: Relocate to new premises in Athens

Marsh: Relocate to new premises in Athens
We are pleased to inform you that Marsh will be relocated to new premises. Due to this event, the office will be closed on Friday, May 26, 2017.  On Monday, May 29 2017, Marsh will operate from its new premises in the following address: 8-10 Sorou and Dimitsanas 151 25  Marousi, Athens The main telephone...
May 24th, 2017 | Company Profiles, Insurance and Reinsurance, Marine Insurance | Read More

Theresa Crossley appointed CEO of International Maritime Rescue Federation

Theresa Crossley appointed CEO of International Maritime Rescue Federation
IMRF members conducting search and rescue The International Maritime Rescue Federation (IMRF), the international charity focussed on preventing loss of life in the world’s waters, has announced that Theresa Crossley will be its new Chief Executive. Theresa will join IMRF in October this year, when...
May 22nd, 2017 | Person Profiles, Safety and Security, WISTA - Women in Shipping | Read More

ITIC and ASG launch new surveyors’ indemnity wording

ITIC and ASG launch new surveyors’ indemnity wording
Mark Brattman, ITIC’s legal director International Transport Intermediaries Club (ITIC) and the Admiralty Solicitors Group (ASG) have launched a new surveyors’ indemnity wording designed to address the imbalance between owners’ and surveyors’ responsibilities typically encountered under existing...
May 22nd, 2017 | Marine Insurance, P and I Clubs | Read More

Meeting old and new friends at The Nautical Institute’s Command Seminar

Meeting old and new friends at The Nautical Institute’s Command Seminar
Trinity House On all counts, as we have reported last Wednesday and Thursday, The Nautical Institute’s Command Seminar Series 2017 event at the heart of the Square Mile’s most prestigious and historic buildings, the 500 plus years old Trinity House, was more than a timely and successful event. Timely...
May 20th, 2017 | Academia, Associations, Environment, Events, Conferences,Forums and Symposiums, Health and Safety, Piracy and Terrorism, Safety and Security, The Nautical Institute | Read More

New chairman Willum Richards to lead Association of Average Adjusters…

New chairman Willum Richards to lead Association of Average Adjusters…
Willum Richards, AAA’s new chairman New chairman Willum Richards to lead Association of Average Adjusters in international drive to bolster high standards in settling marine and offshore claims Willum Richards, the new chairman of the Association of Average Adjusters, has set out his aim to build...
May 19th, 2017 | Associations, Events, Marine Insurance, News | Read More

The Nautical Institute launches maritime evidence guidelines

The Nautical Institute launches maritime evidence guidelines
John Noble and his wife with the Nautical Institute’s President Captain David Snider 18.05.17 – It is rare for a book to sell out before publication, but demand for The Nautical Institute’s latest book, Guidelines for Collecting Maritime Evidence, has been so strong that it has had to be...
May 18th, 2017 | Associations, Books, Conferences, Seminars, Forums, Events, Maritime Accidents, Safety and Security, The Nautical Institute | Read More

LMAA Terms 2017

LMAA Terms 2017
  Insight Introduction of the LMAA 2017 Terms Earlier this year, the LMAA published updated terms and procedures which it announced would come into effect for...
May 16th, 2017 | Arbiitration, Associations, Legal | Read More

A Cyberweapon Unleashed

A Cyberweapon Unleashed
          Last Friday the world witnessed one of the greatest cyber attacks ever recorded. Europol said that the attack was of an “unprecedented level and requires international investigation.” Attack started on Friday and it involved a zero-day hack leaked from the NSA,...
May 16th, 2017 | Corruption, IT and Communications, Piracy and Terrorism, Safety and Security | Read More

‘Implement International Regulations to promote maritime safety, security and improved working conditions’

‘Implement International Regulations to promote maritime safety, security and improved working conditions’
Admiral Peter Brady ‘IMPLEMENT INTERNATIONAL REGULATIONS TO PROMOTE MARITIME SAFETY, SECURITY AND IMPROVED WORKING CONDITIONS’ – REAR ADMIRAL PETER BRADY Jamaica’s Special Envoy to the International Maritime Organization (IMO) Council, Rear Admiral Peter Brady, is calling for the...
May 15th, 2017 | IMO, Politics and Government, Regulatory, Safety and Security | Read More

Cyber security – the increasing threat to your business, May 2017

Cyber security – the increasing threat to your business, May 2017
Matthew Montgomery, senior associate at HFW HFW Briefing: Cyber security by  Matthew Montgomery At the last count, it was estimated that Friday’s cyber attack impacted upon 200,000 victims in at least 150 countries. The attack used “WannaCry” malware to disable computer systems and present users...
May 15th, 2017 | Bribery and Corruption, Company Profiles, Legal, News, Person Profiles, Safety and Security | Read More

NAMEPA’s Safety at Sea and AMVER Awards Event in Washington DC

NAMEPA’s Safety at Sea and AMVER Awards Event in Washington DC
Joe Hughes NAMEPA’s Annual Safety at Sea Seminar and AMVER Reception being held on National Maritime Day Event highlights challenges for mariners and companies May 11, 2017 – The American Club’s Chairman and CEO, and Chairman of North American Marine Environment Protection Association (NAMEPA),...
May 11th, 2017 | Conferences, Seminars, Forums, Environment, P and I Clubs | Read More

HFW Briefing: The OCEAN VICTORY – the final word on the safety of Kashima Port

HFW Briefing: The OCEAN VICTORY – the final word on the safety of Kashima Port
Jean Koh, partner at HFW More than 10 years after the grounding and subsequent total loss of the OCEAN VICTORY at Kashima port Japan, the final word on the safety of the port was given by the Supreme Court on 10 May 2017. Affirming the Court of Appeal decision1, the Supreme Court unanimously found that...
May 11th, 2017 | Groundings, Legal, Marine Insurance, Maritime Accidents, News, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Bermuda leaders featured on AM BestTV

Bermuda leaders featured on AM BestTV
AM BestTV’s Meg Green with Bermuda Premier Michael Dunkley, left, and Finance Minister Bob Richards at RIMS 2017 in Philadelphia Hamilton, Bermuda, May 10, 2017 – Bermuda government, industry and regulatory leaders have been featured on AM BestTV following RIMS 2017 interviews in which they...
May 10th, 2017 | Associations, Insurance and Reinsurance, Marine Insurance | Read More

Any port in a storm?

Any port in a storm?
Robert Shearer of Thomas Cooper Any port in a storm? A re-examination of the law concerning safe ports in The Ocean Victory By Robert Shearer The Supreme Court has recently handed down judgment in the long running matter of The Ocean Victory1, which provides a useful summary of the position with regards...
May 10th, 2017 | Chartering, Legal, Ports & Terminals, Safety and Security | Read More

North speaks at Greece’s Merchant Marine Academy on ‘Game Changing’ maritime casualties

North speaks at Greece’s Merchant Marine Academy on ‘Game Changing’ maritime casualties
Tony Allen (North P&I Director – Greece), left, and Vassilis Stavropoulos, Academy Director, Hydra Merchant Marine Academy with a commemorative shield presented in recognition of North’s support. May 10, 2017 – North P&I Club has delivered a presentation to the Merchant Marine Academy...
May 10th, 2017 | Claims, Conferences, Seminars, Forums, Health and Safety, Marine Insurance, Maritime Accidents, P and I Clubs, Safety and Security, Salvage, Towage, Wreck Removals | Read More

North P&I Club updates guidance on letters of indemnity

North P&I Club updates guidance on letters of indemnity
Cover of ‘Letters of Indemnity: A Guide to Good Practice’ Second Edition North P&I Club has published a new edition of its popular guide book on letters of indemnity, which continue to be widely used in the shipping industry for a range of purposes. Written by leading maritime mediator Stephen...
May 10th, 2017 | P and I Clubs | Read More

Steamship Mutual Financial Update and 2017 Renewal

Steamship Mutual Financial Update and 2017 Renewal
FINANCIAL UPDATE AND 2017 RENEWAL The Reports and Accounts of Steamship Mutual Underwriting Association Limited, The Steamship Mutual Underwriting Association (Bermuda) Limited and The Steamship Mutual Trust were approved by their respective Directors at Board Meetings held in Hamburg, Germany, on...
May 10th, 2017 | Associations, P and I Clubs, Reports | Read More