Archive for the ‘Claims’ Category

CCRIF Announces Final Payout Numbers of US$12.8 million to The Bahamas following Hurricane Dorian

CCRIF Announces Final Payout Numbers of US$12.8 million to The Bahamas following Hurricane Dorian
CCRIF Announces Final Payout Numbers of US$12.8 million to The Bahamas following Hurricane Dorian Grand Cayman, Cayman Islands, September 26, 2019. CCRIF announced today that it has made two payouts to the Government of The Bahamas totalling US$12.8 million (US$12,824,153) following the passage of Hurricane...
September 27th, 2019 | Claims, Earthquakes, Tsunamis, Cyclones and Typhoons, Health and Safety, Insurance and Reinsurance | Read More

The discount rate: Has the Government gone far enough?

The discount rate: Has the Government gone far enough?
The discount rate: Has the Government gone far enough? Last week it was announced that as of 5 August 2019, the discount rate (a figure used to help calculate lump sum compensation payments for high value personal injury claims) will increase from -0.75% to -0.25% following a review under the Civil...
July 26th, 2019 | Claims, Health and Safety, P and I Clubs | Read More

OCIMF releases fourth edition of Effective Mooring

OCIMF releases fourth edition of Effective Mooring
The Cover of “Effective Mooring”  OCIMF releases fourth edition of Effective Mooring 4 March 2019 London Mooring is one of the most complex and dangerous operations for ship and terminal crew. If something goes wrong, the consequences can be severe. That’s why the Oil Companies International...
March 4th, 2019 | Books, Claims, Environment, Health and Safety, HR, Manning - Seafarers and Offshore, Maritime Accidents, Maritime Education and Training, Safety and Security | Read More

Charity calls for ship owners to embrace conflict resolution as a matter of urgency, following three knife attacks at sea in as many weeks

Charity calls for ship owners to embrace conflict resolution as a matter of urgency, following three knife attacks at sea in as many weeks
Stuart Rivers International maritime charity Sailors’ Society is calling on ship owners to embrace conflict resolution as a matter of urgency, following three knife attacks at sea in almost as many weeks. Sailors’ Society’s CEO Stuart Rivers said, “The tragic news, that two people were killed...
February 22nd, 2019 | Charity, Claims, Corruption, Health and Safety, News, Piracy and Terrorism | Read More

Jurisdictional speciality

Jurisdictional speciality
The Club’s global claims team is organised into regional departments which are dedicated to specific jurisdictions or vessel types. This ensures the claims team has specialist knowledge of jurisdictions which enables us to better advise Members of the strategy to adopt when facing claims in that particular...
February 15th, 2019 | Claims, P and I Clubs | Read More

LCC: Constructive Total Loss and SCOPIC

LCC: Constructive Total Loss and SCOPIC
James Turner, QC of Quandrat Chambers Members will be aware of the significant Court of Appeal judgment in “The Renos” last year. The claim dealt with the question of whether SCOPIC costs could count towards a CTL calculation in a Hull and Machinery claim. Because of the way in which SCOPIC operates,...
February 6th, 2019 | Claims, Defense, Disputes, Marine Insurance, Maritime Accidents, P and I Clubs, Salvage, Towage, Wreck Removals | Read More

IMB piracy report 2018: attacks multiply in the Gulf of Guinea

IMB piracy report 2018: attacks multiply in the Gulf of Guinea
Captain P. Mukundan London and Kuala Lumpur, 16 January 2019 – Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals. Worldwide,...
January 16th, 2019 | Arrest of ships, Bribery and Corruption, Claims, Corruption, Insight, Maritime Fraud, News, Piracy and Terrorism, Reports, Safety and Security | Read More

RMT to take demands for a fair deal for workers on BREXIT Ferry contracts direct to Chris Grayling

RMT to take demands for a fair deal for workers on BREXIT Ferry contracts direct to Chris Grayling
Mick Cash Maritime union RMT will be taking the demands for a fair deal for British workers on Government Brexit ferry contracts direct to Transport Secretary Chris Grayling on Friday morning. RMT will be holding a protest outside the DfT at 10am on Friday 11th January (Department for Transport, Great...
January 8th, 2019 | Claims, Cruise Ferry, HR, Labour Disputes, Manning - Seafarers and Offshore, Ro-Ro and Passenger Ferries | Read More

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