Archive for the ‘Claims’ Category

The BDI@1,296; “thanks” once again to the Capes… but: Caution should be observed!

The BDI@1,296; “thanks” once again to the Capes… but: Caution should be observed!
John Faraclas The BDI (Baltic Dry Index) gained 59 points earlier on today as the questionable Capes’ BCI clinched another three-digit points and now stand at 1,925 which is 186 plus since yesterday… and soon might be over and above the 2,000 threshold! John Faraclas’ daily brief: The Panamaxes’...
December 5th, 2018 | Chartering, Claims, Comment, Defense, Disputes, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Groundings, Health and Safety, Insight, Marine Insurance, Maritime Accidents, Markets, News, P and I Clubs, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

London P&I Club issues loss prevention guide for coal cargoes

London P&I Club issues loss prevention guide for coal cargoes
THE London P&I Club has published a loss prevention guide on risks associated with the carriage of coal cargoes, with particular emphasis on gas monitoring and ventilation. The guide, written by Paul Willis, Senior Associate with UK-based forensic investigation and root cause analysis specialist...
November 21st, 2018 | Claims, Health and Safety, Marine Insurance, Maritime Accidents, P and I Clubs, Safety and Security | Read More

Record‐low hijackings yet danger persists in Gulf of Guinea, shows latest global piracy report

Record‐low hijackings yet danger persists in Gulf of Guinea, shows latest global piracy report
Captain P. Mukundan A total of 156 incidents of piracy and armed robbery against ships were reported to the ICC International Maritime Bureau’s (IMB) Piracy Reporting Centre (PRC) in the first nine months of 2018 compared to 121 for the same period in 2017. The 2018 figure is broken down as 107 vessels...
October 29th, 2018 | Bribery and Corruption, Claims, Corruption, Headlines, Health and Safety, HR, Insight, Marine Insurance, Maritime Accidents, Maritime Fraud, Military, News, Piracy and Terrorism, Ports & Terminals, Safety and Security, Seizures | Read More

HRAS enables Ethiopian Chief Officer to return home with wages paid

HRAS enables Ethiopian Chief Officer to return home with wages paid
HRAS enables Ethiopian Chief Officer to return home with wages paid 17th October 2018 London. UK. Human Rights at Sea is pleased to report the successful repatriation of an Ethiopian Chief Officer with outstanding wages owed which have now been paid in full after direct, but polite intervention by the...
October 17th, 2018 | Associations, Charity, Claims, HR | Read More

When does a fixture become binding?

When does a fixture become binding?
Fiona Pounds, Claims handler Fiona Pounds: When does a fixture become binding? Parties in more procedurally conservative jurisdictions can be surprised at the ease with which a binding contract can be created under English law. In the context of charterparty (c/p) negotiations, it is generally the case...
October 9th, 2018 | Chartering, Claims, P and I Clubs | Read More

Clyde & Co Legal Update: Court of Appeal decision in ‘Alexandra 1’

Clyde & Co Legal Update: Court of Appeal decision in ‘Alexandra 1’
Insight – Evergreen Marine (UK) Limited vs Nautical Challenge Ltd [2018] EWCA Civ 2173 It takes two to cross In Evergreen Marine (UK) Limited vs Nautical Challenge Ltd [2018] EWCA Civ 2173 the Court of Appeal has ruled on the liability for the collision of ‘Ever Smart’ and ‘Alexandra...
October 5th, 2018 | Claims, Legal, Maritime Accidents, Safety and Security | Read More

Cefor half-year marine hull claims trends

Cefor half-year marine hull claims trends
Helle Hammer, Managing DirectorCefor – The Nordic Association of Marine Insurers The Nordic Association of Marine Insurers (Cefor) has published its latest statistics from the Nordic Marine Insurance Statistics database, a comprehensive database comprising approximately 433,000 registered vessel...
August 29th, 2018 | Associations, Claims, Marine Insurance, Statistics | Read More

New IMB report shows persistent piracy risk in Gulf of Guinea

New IMB report shows persistent piracy risk in Gulf of Guinea
Captain P. Mukundan London and Kuala Lumpur, 24 July 2018 – The second quarterly report from the ICC International Maritime Bureau (IMB) shows that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in six separate incidents. A total of 107 incidents were reported to the IMB Piracy...
July 24th, 2018 | Arrest of ships, Bribery and Corruption, Claims, Corruption, Health and Safety, Maritime Fraud, News, P and I Clubs, Piracy and Terrorism, Reports, Safety and Security | Read More

Claims teams talent needs to be unleashed to reap the benefits of digitalisation: PwC’s Claims Workforce of the future: 2030

Claims teams talent needs to be unleashed to reap the benefits of digitalisation: PwC’s Claims Workforce of the future: 2030
Jim Bichard, UK insurance leader at PwC Insurance claims teams must adapt if they are to not just survive the inevitable impact of technology but also harness the benefits, according to a new report from PwC. The report, launched today to coincide with the Lloyd’s Market Association’s (LMA)...
July 4th, 2018 | Claims, Insurance and Reinsurance, Marine Insurance | Read More

Slow and Steady Wins the Race to Lower Operating Costs, says The Swedish Club

Slow and Steady Wins the Race to Lower Operating Costs, says The Swedish Club
Main Engine Damage The Swedish Club warns that vessel operators should always look to the long term, when specifying the type of engines to be installed across the fleet. Latest statistics from the Club show that vessels propelled by medium/high speed engines have a claims frequency 2.5 times higher...
June 28th, 2018 | Books, Claims, P and I Clubs | Read More

Clyde & Co Legal Update: All risks – no cover for non-existent cargo

Clyde & Co Legal Update: All risks – no cover for non-existent cargo
Last month a decision was handed down in the matter of Englehart CTP (US) LLC v Lloyd’s Syndicate 1221 in relation to marine cargo insurance and the scope of all risks insurance. In brief summary, the decision confirms that: The words “this insurance covers all risks of loss of or damage...
May 9th, 2018 | Claims, Legal, Marine Insurance | Read More

North P&I Club strengthens cargo claims team

North P&I Club strengthens cargo claims team
David Richards May 1, 2018 – North P&I Club has further strengthened its specialist cargo claims team with the appointment of David Richards as Deputy Director (Cargo). This appointment is an important element in North’s ongoing commitment to provide the highest standards of service delivery...
May 2nd, 2018 | Claims, Company Profiles, HR, Insurance and Reinsurance, Marine Insurance, News, P and I Clubs, Person Profiles | Read More

HRAS News: Update on Shipbreaking in South Asia from the NGO Shipbreaking Platform

HRAS News: Update on Shipbreaking in South Asia from the NGO Shipbreaking Platform
… Update on Shipbreaking in South Asia from the NGO Shipbreaking Platform 1st of May 2018 Brussels. There were a total of 206 ships broken in the first quarter of 2018. Of these, 152 ships were sold to the beaches of South Asia for dirty and dangerous breaking. So far this year, 10 workers have...
May 2nd, 2018 | Claims, Disputes, Health and Safety, HR, ITF, Safety and Security, Ship Demolitions | Read More

ITIC helps limit naval architect’s exposure after survey vessel capsizes

ITIC helps limit naval architect’s exposure after survey vessel capsizes
In a recent dispute, International Transport Intermediaries Club (ITIC) helped a naval architect to successfully reduce the level of a claim by a shipbuilder for damages and loss of profits following the sinking of a hydrographic survey vessel which was deemed to be unstable. The naval architect was...
May 2nd, 2018 | Claims, Legal, Maritime Accidents, P and I Clubs, Regulatory, Shipbuilding and Shipyards | Read More

How cutting-edge technology is assisting insurance claims analysis and investigation

How cutting-edge technology is assisting insurance claims analysis and investigation
Phil Thompson (left) and Zarir Irani. How cutting-edge technology is assisting insurance claims analysis and investigation By James Brewer  Rembrandt is helping get to the bottom of – and possibly prevent – casualties in ocean and coastal shipping.  This is not the Dutch master painter of the Golden...
April 4th, 2018 | Claims, Conferences, Seminars, Forums, Groundings, Marine Insurance, Maritime Accidents, Technology | Read More

The “AQASIA” – Court of Appeal rules on the Hague Rules limitation

The “AQASIA” – Court of Appeal rules on the Hague Rules limitation
The m/v “AQASIA” Regular recipients of our email updates may recall that this case is about whether a carrier of bulk cargo can limit its liability for a cargo damage claim under Article IV Rule 5 of the Hague Rules, and, in particular, what is the meaning of “unit” in this provision....
February 22nd, 2018 | Claims, Legal, News | Read More

U-FREIGHT supports TAPA’s supply chain security efforts

U-FREIGHT supports TAPA’s supply chain security efforts
The news that cargo thefts at unsecured locations in the Europe, Middle East and Africa (EMEA) region accounted for 173 or 85.1 percent of incidents reported in November 2017, is further evidence of the need for diligence in supply chain security, says international freight forwarding and logistics company,...
February 12th, 2018 | Associations, Claims, Corruption, Logistics, Port Conditions, Safety and Security | Read More

No Fault Regime Confirmed when Apportioning Liability under the Inter-Club Agreement

No Fault Regime Confirmed when Apportioning Liability under the Inter-Club Agreement
Eurof Lloyd-Lewis and Emma Skakle No Fault Regime Confirmed when Apportioning Liability under the Inter-Club Agreement – by Eurof Lloyd-Lewis Partner, Clyde & Co LLP Transgrain Shipping (Singapore) Ptd Limited v Yangtze Navigation (Hong Kong) Co Ltd (“MV YANGTZE XING HUA”) [2017]...
February 6th, 2018 | Claims, Legal, P and I Clubs | Read More

Majority of Auxiliary Engine Damage occurs due to Human Error warns The Swedish Club

Majority of Auxiliary Engine Damage occurs due to Human Error warns The Swedish Club
Peter Stålberg, Senior Technical AdviserThe Swedish Club An investigation by The Swedish Club into auxiliary engine damage has revealed that the majority of all damage takes place immediately after maintenance work. A key finding is that 55% of casualties occur within only 10% of the time between overhaul...
January 8th, 2018 | Claims, HR, Maritime Accidents, P and I Clubs, Safety and Security | Read More

ITIC settles off-hire dispute resulting from ship manager’s negligence

ITIC settles off-hire dispute resulting from ship manager’s negligence
International Transport Intermediaries Club (ITIC) recently settled a claim brought against a ship manager for failure to maintain its obligations under a technical management contract, leading to liability for costs incurred when the vessel was denied permission to berth by port authorities in Australia. The...
November 2nd, 2017 | Chartering, Claims, Disputes, P and I Clubs, Shipmanagement | Read More

Trade Union Votes to Tackle Stena Ferries

Trade Union Votes to Tackle Stena Ferries
… Ferry Officers to be Balloted for Industrial Action Nautilus UK branch conference condemns Stena Line threat to UK jobs Stena Line officers could be balloted for industrial action unless the company starts to engage in meaningful negotiations over a threat to UK seafarers’ jobs on its North...
October 3rd, 2017 | Associations, Claims, Disputes, HR, Jobs, Manning - Seafarers and Offshore, Strikes | Read More

ITIC pays out for pool manager’s acceptance of unacceptable tanker

ITIC pays out for pool manager’s acceptance of unacceptable tanker
International Transport Intermediaries Club (ITIC)* has highlighted the costly consequences of a shipping pool manager’s failure to accurately describe a tanker, leading to a substantial claim by charterers. The pool manager misdescribed the tanker as being acceptable to a specific oil major, even...
June 30th, 2017 | Chartering, Claims, Disputes, Legal, P and I Clubs, Tankers | Read More

The “Ocean Victory”: clarification for charterers and those insuring their liabilities

The “Ocean Victory”: clarification for charterers and those insuring their liabilities
Gard Marine and Energy Limited (appellant) v China National Chartering Company Limited (respondents) and others [10.05.17] 26 May 2017 Andrew Purssell, Michael Biltoo Supreme Court decides in favour of the ship owner in a landmark case arising from the loss of a Capesize bulk carrier, The “Ocean...
May 30th, 2017 | Claims, Health and Safety, Legal, Maritime Accidents, 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

London P&I Club supports appointment of warranty surveyors for deck cargo loads

London P&I Club supports appointment of warranty surveyors for deck cargo loads
Paul Walton THE London P&I Club has highlighted a recent increase in the incidence of deck cargoes shifting in heavy weather, and supported a recommendation to appoint a warranty surveyor to supervise high-risk marine construction and transportation project operations where appropriate. In an article...
March 20th, 2017 | Claims, Consulting, Marine Insurance, Maritime Accidents, P and I Clubs | Read More