Archive for the ‘Marine Insurance’ Category

Volatility continues with the Capers raising the BDI@1,449

Volatility continues with the Capers raising the BDI@1,449
John Faraclas …seaborne on Superfast XI The BDI (Baltic Dry Index) gained 34 points since yesterday, thanks to the as ever volatile Capers – it now reads 1,449; Geopolitics continue to be dodgy… John Faraclas’ midweek report: The Capers “back” on truck with a triple-digit uplift; the...
September 20th, 2017 | Environment, European Union, Immigration, Maritime Accidents, Markets, Military, News, Organisations, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Reports, Safety and Security | Read More

Seafarer Mental Health Trauma Leaflet now available in Tagalog language

Seafarer Mental Health Trauma Leaflet now available in Tagalog language
Human Rights at Sea is very pleased to announce that following the success of the mental health welfare leaflet “Remaining Resilient after Traumatic Events”, the leaflet is now available in the Tagalog language. The leaflet is now available on both the HRAS (Publications) and UK P&I (Knowledge)...
September 20th, 2017 | Charity, Health and Safety, HR, Safety and Security | Read More

Q3 2017 Tsavliris Activities

Q3 2017 Tsavliris Activities
The “Rainbow Harmony” Viewers can read herebelow Tsavliris’ Salvage Group activities for Q3 2017 On 14 June 2017, the Bulk Carrier “RAINBOW HARMONY” (GT 22,456 – DWT 35,106) immobilised about 300 miles west of Luanda, Angola following generators failure.  During the incident...
September 20th, 2017 | Maritime Accidents, News, Reports, Safety and Security, Salvage, Towage, Wreck Removals | Read More

CSSF grows by two further members and prepares for the next meeting in Asia

CSSF grows by two further members and prepares for the next meeting in Asia
Hamburg, 20 September 2017. Piraeus (Greece) based shipping company Danaos Shipping Co. Ltd. joined the Container Ship Safety Forum (CSSF) in July 2017 and Nav-Tech B.V., the newly formed in-house ship management entity of Samskip from Rotterdam (The Netherlands), has been welcomed in the forum as...
September 20th, 2017 | Containers, Events, Conferences,Forums and Symposiums, Marine Equipment Products and Services, Safety and Security, Shipmanagement | Read More

Hot Port News from GAC

Hot Port News from GAC
  19-Sep-2017 “EXERCISE OVERLOAD” Melbourne, Australia HURRICANE MARIA HEADED FOR VIRGIN ISLANDS & PUERTO RICO Caribbean Sea “Exercise Overload” Tuesday, September 19, 2017, Melbourne, Australia Port Users are advised that the whole of port all hazards field exercise...
September 19th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Environment, Oil Spill, Pollution, Port Conditions, Ports & Terminals, Weather | Read More

Offshore energy insurance market is “sinking”, warns IUMI

Offshore energy insurance market is “sinking”, warns IUMI
At today’s annual IUMI (International Union of Marine Insurance) conference in Tokyo, James McDonald, chairman of IUMI’s Offshore Energy Committee warned that the sector was “sinking”. His warning was based on declining total premium income set alongside upstream energy large...
September 19th, 2017 | Energy, Marine Insurance | Read More

IUMI calls for improved firefighting systems on board container vessels

IUMI calls for improved firefighting systems on board container vessels
Helle Hammer. With the growing size of container vessels, and a recent spate of fires on board these ships, IUMI is concerned that current firefighting provisions are insufficient.  The International Union of Marine Insurance (IUMI) has published today – Tuesday 19 September – a position...
September 19th, 2017 | Associations, Conferences, Seminars, Forums, Marine Insurance, Maritime Accidents | Read More

IUMI President predicts shake-up in marine underwriting

IUMI President predicts shake-up in marine underwriting
Dieter Berg Opening today’s annual IUMI conference in Tokyo, President Dieter Berg predicted an impending shake-up in the marine insurance sector driven by the current environment of disruption. Disruption, according to Berg, is the raft of technology and business innovation that is destroying...
September 18th, 2017 | Associations, Conferences, Seminars, Forums, Marine Insurance | Read More

Global marine underwriting premiums continue to fall, reports IUMI.

Global marine underwriting premiums continue to fall, reports IUMI.
Astrid Seltmann IUMI debates the growing challenge of reconciling dropping income levels with the risk of having to cover even larger single claims in an environment of ever increasing accumulation of values. IUMI – the International Union of Marine Insurance – presented its annual statistical report...
September 18th, 2017 | Associations, Marine Insurance, Reports | Read More

The Health of US Presidents

The Health of US Presidents
Dr John Mather. The Health of US Presidents: Fitness to Lead By James Brewer A call for rigorous monitoring of the health of American presidents and other leading statesmen and stateswomen has been made by an eminent medical expert, in an intriguingly documented presentation at a meeting in London. John...
September 17th, 2017 | Health and Safety, Insight, News | Read More

Name and shame the Athens Riviera’s polluters

Name and shame the Athens Riviera’s polluters
John Faraclas at Edem beach …Falifornia It is nearly a week now that the entire Athens Riviera in the Saronic Gulf is threatened from a maritime accident leading to a catastrophic pollution with incalculable repercussions on all sector of everyday day life – economic, environmental, financial,...
September 16th, 2017 | Associations, Corruption, Environment, Manning - Seafarers and Offshore, Maritime Accidents, News, Oceanology, Oil Spill, Politics and Government, Pollution | Read More

Crowley Jones Act vessels loaded with fuel for Hurricane Stricken Locales dispatched

Crowley Jones Act vessels loaded with fuel for Hurricane Stricken Locales dispatched
… (JACKSONVILLE, FLA.; Sept. 14, 2017)  Crowley Maritime Corp. announced today that it has dispatched 18 company owned and/or operated Jones Act petroleum vessels to discharge gasoline and diesel into Florida ports in the coming few days. This mobilization responds to fuel shortages caused by...
September 14th, 2017 | Company Profiles, Earthquakes, Tsunamis, Cyclones and Typhoons | Read More

HELMEPA on the “Agia Zoni II” incident

HELMEPA on the “Agia Zoni II” incident
HELMEPA Director General, Mr. Dimitris Mitsatsos It is with sadness and apprehension that we follow the development of the oil spill resulting from the wreck of the vessel “Agia Zoni II” in the Saronic Gulf. Unfortunately, accidents are unavoidable but for their minimization there is a need for prevention...
September 14th, 2017 | Associations, Charity, Environment, Health and Safety, Maritime Accidents, News, Politics and Government, Pollution, Safety and Security, Salvage, Towage, Wreck Removals | Read More

NORSAFE developing USV in joint initiative with Kongsberg Maritime

NORSAFE developing USV in joint initiative with Kongsberg Maritime
Norsafe has been working alongside Kongsberg to develop an Unmanned Surface Vessel (USV) to act as a combined autonomous and data collection platform with different sensors. Kongsberg selected Norsafe AS as a partner for multi-purpose USV manufacturing because of their well-known reputation for building...
September 14th, 2017 | Health and Safety, Marine Equipment Products and Services, Safety and Security, Shipbuilding and Shipyards, Technical, Technology | Read More

NGOs mantain pressure on owners and scrap dealers of FPSO North Sea Produce

NGOs mantain pressure on owners and scrap dealers of FPSO North Sea Produce
The North Sea Producer beached in Chittagong – © NGO Shipbreaking Platform Brussels, 13 September 2017 – 16 August of last year the FPSO NORTH SEA PRODUCER was beached in Chittagong, Bangladesh. The ship was allowed to leave the UK based on the false promise that it would be further operationally...
September 13th, 2017 | Health and Safety, Safety and Security, Ship Demolitions | Read More

SeafarerHelp named Shoreside Team of the Year

SeafarerHelp named Shoreside Team of the Year
… ISWAN’s SeafarerHelp, a free, confidential, 24/7 helpline which supports thousands of seafarers every year, was named ‘Shoreside Team of the Year’ at last night’s 2017 Safety at Sea Awards, held during London International Shipping Week. Members of ISWAN and the SeafarerHelp...
September 13th, 2017 | Associations, Charity, Events, Conferences,Forums and Symposiums, Health and Safety, HR, Manning - Seafarers and Offshore, Safety and Security | Read More

Capers’ volatility continues as the BDI falls. @1,344 caution is the only remedy…

Capers’ volatility continues as the BDI falls. @1,344 caution is the only remedy…
John Faraclas The BDI  (Baltic Dry Index) fell 11 points since yesterday, thanks to the counter form the Panamaxes, otherwise the losses were going to be bigger. Geopolitics turn sour… and London International Shipping Week rewrites Shipping Business History: London will continue to call the shots;...
September 12th, 2017 | Associations, Bribery and Corruption, Conferences, Seminars, Forums, Corruption, Dry Bulkcarriers, Markets, News, Reports, Statistics, Stock Markets, Tankers | Read More

HudsonAnalytix and North of England promote cyber security awareness

HudsonAnalytix and North of England promote cyber security awareness
Max Bobys Camden, NJ, USA, September 12, 2017 // HudsonAnalytix, Inc. is pleased to announce it has entered into an agreement with North P&I Club to offer its HACyberLogix platform to member companies seeking cost-effective solutions for evaluating and assessing their cybersecurity needs.  Beginning...
September 12th, 2017 | IT and Communications, P and I Clubs, Safety and Security | Read More

RMT on Government announcement on public sector pay

RMT on Government announcement on public sector pay
Mick Cash RMT CONFIRMS VOTE FOR ACTION ON STAGECOACH SOUTH WEST BUSES RMT General Secretary Mick Cash said: “Divide and rule will not deflect from the campaign to scrap the pay cap for all and that includes our members on the Royal Fleet Auxiliary down in the Caribbean dealing with the aftermath...
September 12th, 2017 | Associations, Disputes, HR, Rail | Read More

Interferry conference to spotlight issues with bottom line benefits

Interferry conference to spotlight issues with bottom line benefits
Mike Corrigan Trade association Interferry stages its 42nd annual conference in Split, Croatia, next month with an agenda highlighting the income and savings potential in three key areas – the customer experience, ship technologies and safety issues including cybersecurity. The event runs from October...
September 12th, 2017 | Corruption, Cruise Ferry, Events, Conferences,Forums and Symposiums, IT and Communications, Marine Equipment Products and Services, Maritime Fraud, Piracy and Terrorism, Ro-Ro and Passenger Ferries, Safety and Security, Technical, Technology | Read More

How Does Arbitration Support London?

How Does Arbitration Support London?
The panel with the Hon Sir Bernard Eder – fourth from the left who chaired the event. Picture credits Anna Kaparaki An exceptional event “How Does Arbitration Support London?” took place earlier on tonight at the DLA Piper premises in the City of London.  The event was organised by the London...
September 11th, 2017 | Arbiitration, Conferences, Seminars, Forums, Events, London Shipping Law Centre, Shipping Centers | Read More

London P&I Club joins with BV in issuing blackout and engine failure guidance

London P&I Club joins with BV in issuing blackout and engine failure guidance
Carl Durow The London P&I Club, in a joint project with leading classification society Bureau Veritas and its casualty and salvage subsidiary TMC Marine, has issued a new booklet providing operational guidance for preventing blackout and main engine failures. This new publication, the second in a...
September 11th, 2017 | Books, Classification Societies, Groundings, Marine Insurance, P and I Clubs, Safety and Security, Technical, Technology | Read More

BIMCO launches new guidance for seafarers on avoiding life boat accidents

BIMCO launches new guidance for seafarers on avoiding life boat accidents
Aron Frank Sørensen of BIMCO.  BIMCO has developed new guidance for seafarers on the safe launching and recovery of lifeboats using fall preventer devices (FPDs), to reduce the number of seafarer fatalities and injuries. Lifeboat accidents resulting in fatalities and serious injuries are all too frequent,...
September 11th, 2017 | Associations, BIMCO, Books, Health and Safety, Manning - Seafarers and Offshore, Maritime Accidents, Safety and Security | Read More

Hot Port news from GAC

Hot Port news from GAC
  09-Sep-2017 WORLD HOLIDAYS: 10-23 SEPTEMBER 2017 Worldwide TRAFFIC MOVEMENTS RESUMED AFTER SUSPENSION DUE TO LISTING VESSEL Vizag, India ANTICIPATED PORT CONDITIONS FOR HURRICANE IRMA Brunswick & Savannah, GA, United States FLORIDA PREPARES FOR HURRICANE IRMA Florida ports, United...
September 9th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

Capers volatility lift the BDI and Wets too amid nature’s tempest…

Capers volatility lift the BDI and Wets too amid nature’s tempest…
John Faraclas The BDI (Baltic Dry Index) gained another 36 points earlier on and now reads 1,332; on a weekly basis it was up 150 points raising hopes but we want you all to stay put until the BDI goes over and above the  2,200 points – the December 2013 level! The Wets were also up but with very...
September 8th, 2017 | Chartering, Conferences, Seminars, Forums, Container shipping, Containers, Dry Bulkcarriers, Earthquakes, Tsunamis, Cyclones and Typhoons, Energy, Environment, Events, Exhibitions, Markets, Military, News, Oil Industry, People and Places, Piracy and Terrorism, Pollution, Ports & Terminals, Safety and Security, Sailing, Shipping Indices, Sports, Statistics, Stock Markets, Tankers, Weather, Yachting | Read More