Archive for the ‘Claims’ Category

Nairobi International Convention on the Removal of Wrecks

Nairobi International Convention on the Removal of Wrecks
To all Members, The Circular published on the 5th November 2014 informed Members that the Nairobi International Convention on the Removal of Wrecks (“WRC”) enters into force on 14th April 2015. This additional circular provides a reminder to Members that if the vessel is flagged in a State Party...
February 12th, 2015 | Associations, Claims, Environment, Health and Safety, Maritime Accidents, P and I Clubs, Safety and Security, Salvage, Towage, Wreck Removals | Read More

No let up in navigational claims reports The Swedish Club

No let up in navigational claims reports The Swedish Club
Lars Malm According to The Swedish Club, half of the costs of hull and machinery claims handled by the Club have arisen due to navigational claims such as collisions, contacts or groundings – a figure that has remained steady over recent years despite improved technology and the widespread implementation...
February 12th, 2015 | Associations, Claims, Health and Safety, Manning - Seafarers and Offshore, Marine Insurance, Maritime Accidents, Maritime Education and Training, News, P and I Clubs, Safety and Security | Read More

“BRILLANTE VIRTUOSO”: Judgment [HD-UKLIVE.FID2551190]

“BRILLANTE VIRTUOSO”: Judgment [HD-UKLIVE.FID2551190]
Rhys Clift The “BRILLANTE VIRTUOSO”  SUEZ FORTUNE INVESTMENTS LTD and PIRAEUS BANK SA v TALBOT UNDERWRITING LTD and others On 5th-6th July 2011, the vessel Brillante Virtuoso was taken by pirates off the coast of Aden, Yemen. The pirates ordered the vessel to proceed to Somalia, but after...
January 15th, 2015 | Banking, Bribery and Corruption, Claims, Corruption, Disputes, Energy, Health and Safety, Insurance and Reinsurance, Legal, Marine Insurance, Maritime Accidents, Maritime Fraud, Maritime Fraud, Piracy and Terrorism, Safety and Security, Salvage, Towage, Wreck Removals, Seizures, Ship Finance, Shipfinance | Read More

ITIC says careless errors result in claims against ship agents

ITIC says careless errors result in claims against ship agents
Careless errors by ship agents are resulting in costly claims, according to ITIC. In the latest issue of its Claims Review, ITIC cites the case of a ship agent which incorrectly calculated two pro-forma invoices in respect of port dues, using the cheaper rate for a cargo of malt, rather than the rate...
December 4th, 2014 | Claims, Marine Insurance, Ports & Terminals | Read More

London P&I Club helps owners counter the cappuccino effect

London P&I Club helps owners counter the cappuccino effect
The London P&I Club has advised its members on precautions to adopt to detect the presence of cappuccino bunkers. In the latest issue of its StopLoss Bulletin, the club explains that the cappuccino effect is essentially the frothing or bubbling effect caused by compressed air blown through the...
December 4th, 2014 | Associations, Bunkering, Claims, Corruption, Disputes, Maritime Fraud | Read More

New emergency claims response service

New emergency claims response service
Acknowledging the increasing need of our membership to have comprehensive emergency response plans and access to immediate assistance in the event of an incident, we have introduced an out of office emergency response service for our Members and brokers. This complements the existing service already...
December 4th, 2014 | Claims, Marine Insurance, P and I Clubs | Read More

Welcome to the USA!

Welcome to the USA!
Joe Hughes No, it’s not the name of a new song or Broadway show, but the catchy title given by the American P&I Club to its latest information aid to members and, indeed, the wider shipping industry. Joe Hughes, chairman and ceo of managers Shipowners Claims Bureau Inc., explains: “The global...
December 4th, 2014 | Associations, Claims, Health and Safety, Marine Insurance, P and I Clubs, Regulatory, Safety and Security | Read More

A career in salvage and wreck removal….

A career in salvage and wreck removal….
John M. Noble A career in salvage and wreck removal with a look at some current issues,  By John M Noble Introduction My path to the world of salvage and wreck removal started in a most conventional manner.  After two years at HMS Conway, I served in Alfred Holt and Co (Blue Funnel) as a Midshipman...
November 11th, 2014 | Associations, Claims, Company Profiles, Corporate Social Responsibility, Disputes, Featured, Groundings, Health and Safety, HR, Insurance and Reinsurance, Marine Insurance, Maritime Accidents, Maritime Education and Training, P and I Clubs, Person Profiles, Ports & Terminals, Safety and Security, Salvage, Towage, Wreck Removals | Read More

TT Club pinpoints contamination as primary cause of Tank Container Claims

TT Club pinpoints contamination as primary cause of Tank Container Claims
Phillip Emmanouel Leading freight transport insurer TT Club reveals detailed results of its claims survey highlighting tank container incidents: contamination accounts for nearly half with damage to tanks adding another third Shanghai, 6th November 2014 Speaking at the Asia Tank Container Organization’s...
November 6th, 2014 | Associations, Claims, Disputes, Health and Safety, Marine Insurance, News, Safety and Security | Read More

Indian Asphalt Venture seafarers released by Somalia pirates

Indian Asphalt Venture seafarers released by Somalia pirates
  The seven released crew men at the airport in Nairobi after their release. Photo: MPHRP Seven Indian seafarers held hostage by pirates in Somalia for more than four years have been released. (source:  IHS Maritime 360) The men are the remaining crew members of the Panama-flagged 3, 884dwt general...
November 5th, 2014 | Associations, Bribery and Corruption, Claims, Corruption, Health and Safety, HR, Piracy and Terrorism, Safety and Security | Read More

ITIC warns of email fraud

ITIC warns of email fraud
ITIC has warned of continued attempts by fraudsters to target payments between shipping companies. Speaking at the 45th FONASBA Annual Meeting in Gothenburg, ITIC claims director Andrew Jamieson explained that recent cases had been variations on earlier frauds. In April this year, ITIC warned its members...
October 9th, 2014 | Associations, Claims, Marine Equipment Products and Services | Read More

ITIC urges shipbrokers to put it in writing

ITIC urges shipbrokers to put it in writing
Specialist transport intermediary insurer, ITIC, has warned shipbrokers that they face the risk of serious financial loss if they fail to ensure that all parties to fixture agreements are in possession of full, confirmed information prior to the conclusion of negotiations. In the latest issue of its...
October 1st, 2014 | Associations, Claims, Disputes, Legal, Marine Equipment Products and Services, Marine Insurance | Read More

‘K’ Line pays $67.7M to resolve US anti-trust allegations

‘K’ Line pays $67.7M to resolve US anti-trust allegations
Kawasaki Kisen Kaisha (‘K’ Line) has agreed to pay $67.7M fine to the United States Department of Justice to settle allegations of anti-trust law violations. (source: IHS Maritime 360) Japan’s third biggest shipping company, led by Jiro Asakura, had entered into a plea agreement and...
October 1st, 2014 | Accountancy, Claims, Liner Shipping and Trade, Organisations, Ro-Ro and Passenger Ferries, Shipmanagement | Read More

Governments face huge challenge in clamping down on clandestine shipment of hazardous goods by sea

Governments face huge challenge in clamping down on clandestine shipment of hazardous goods by sea
John Wilson Governments face huge challenge in clamping down on clandestine shipment of hazardous goods by sea,  By James Brewer in Hong Kong Attempts to clamp down harder on shippers contravening the rules governing the transport of hazardous goods by sea could backfire, a safety expert has warned. John...
September 24th, 2014 | Associations, Claims, Conferences, Seminars, Forums, Disputes, HR, Insurance and Reinsurance, Marine Insurance, P and I Clubs, Regulatory, Safety and Security, Shipmanagement | Read More

IUMI warns on sanctions as the blacklist grows

IUMI warns on sanctions as the blacklist grows
IUMI delegates in session in Hong Kong IUMI warns on sanctions as the blacklist grows,  By James Brewer in Hong Kong The International Union of Marine Insurance is calling on insurers and reinsurers to ensure they apply a clear policy with regard to political and economic sanctions that are in force. Measures...
September 22nd, 2014 | Associations, Claims, Corporate Social Responsibility, Corruption, HR, Insurance and Reinsurance, Legal, Marine Insurance, Maritime Accidents, Maritime Fraud, Maritime Fraud, News, P and I Clubs, Safety and Security, Sanctions, Shipmanagement | Read More

Liquid cargo contamination

Liquid cargo contamination
Following is from the Shipowners’ Club on Liquid Cargo Contamination:   Situation We have recently experienced an increase in liquid cargo contamination claims, especially where the ‘First Foot Sample’ was found to be off-specification upon analysis. Many of these claims occur when a...
August 8th, 2014 | Associations, Claims, Marine Insurance, Maritime Accidents, P and I Clubs | Read More

Piraeus Association for Maritime Arbitration- Shanghai Arbitration Commission

Piraeus Association for Maritime Arbitration- Shanghai Arbitration Commission
Aiming to strengthen the relations and to develop the mutual cooperation in the field of commercial arbitration, the Piraeus Association for Maritime Arbitration and the Shanghai Arbitration Commission agreed to implement the provisions according to a signed protocol during their recent meeting at the...
July 28th, 2014 | Arbiitration, Associations, Claims, Disputes, Events, Legal, Shipbuilding and Shipyards | Read More

New report from the Swedish club makes work of heavy weather

New report from the Swedish club makes work of heavy weather
Lars Malm Modern weather routing techniques have made facing heavy weather considerably less hazardous for the modern mariner than for his forbears. However such techniques are not a panacea and a new report from The Swedish Club published today, Heavy Weather, offers guidance on how to avoid the many...
July 8th, 2014 | Claims, Earthquakes, Tsunamis, Cyclones and Typhoons, Health and Safety, Marine Insurance, News, P and I Clubs, Safety and Security, Shipmanagement, Weather | Read More

The International Environmental Impact of Marine Incidents

The International Environmental Impact of Marine Incidents
Stavroula Gavridi You all know how sensitive we are on environmental issues, as well as how interested we are on fresh ideas and lastly how transparency should really be implemented. “Everybody” cares for the environment but few pragmatically act to save same. Marine incidents will be always...
July 7th, 2014 | Claims, Corruption, EEZ, Environment, Legal, Marine Insurance, Maritime Accidents, Maritime Fraud, Oceanology, Oil Spill, Pollution, Safety and Security | Read More

Cargo veteran Nicholas Gooding warns that Lloyd’s claims reform process is backfiring…

Cargo veteran Nicholas Gooding warns that Lloyd’s claims reform process is backfiring…
Nicholas Gooding Cargo veteran Nicholas Gooding warns that Lloyd’s claims reform process is backfiring and calls for closer market dialogue,  By James Brewer A senior figure in the Lloyd’s marine market has lambasted Lime Street’s claims reform project, which was introduced with the stated aim...
June 28th, 2014 | Associations, Claims, Marine Insurance | Read More

Carrier Transicold Introduces Anti-Tamper Refrigerant Seal System

Carrier Transicold Introduces Anti-Tamper Refrigerant Seal System
Carrier Transicold’s optional new anti-tamper seal system for container refrigeration units. SYRACUSE, N.Y., May 20, 2014 — Carrier Transicold’s new anti-tamper refrigerant seal system will help ensure a higher level of refrigerant integrity and traceability for container refrigeration systems....
May 20th, 2014 | Claims, Containers, Marine Equipment Products and Services, News, Reefer Containers, Reefer ships, Safety and Security | Read More

A major ship casualty could plunge owners into “negative equity” trap, warns Average Adjusters chairman

A major ship casualty could plunge owners into “negative equity” trap, warns Average Adjusters chairman
Keith Jones London, May 8: A warning that shipowners could face being saddled with ‘negative equity’ in the insurance aftermath of disasters at sea was sounded today at the annual general meeting in Lloyd’s Old Library of the 145-year-old Association of Average Adjusters, attended by a large number...
May 9th, 2014 | Claims, Legal, Marine Insurance, Maritime Accidents | Read More

ITIC highlights risk of innocent ship agents being sued

ITIC highlights risk of innocent ship agents being sued
ITIC* has reminded ship agents and other shipping and transport intermediaries that, in today’s highly competitive industry, they run the risk of being sued even when they are not at fault. In the latest issue of its Claims Review, ITIC reports the case of a ship agent which was named as a second...
May 1st, 2014 | Books, Claims, Legal, P and I Clubs, Ports & Terminals, Reports, Seizures, Ship Agencies | Read More

“Stowaways by sea” – order your copy today

“Stowaways by sea” – order your copy today
Improvements in security have not reduced the number of stowaways or the number of incidents and it is seafarers who have to cope with the extra work, delay, uncertainty and possible violence. The Nautical Institute’s recent addition to its maritime security suite is a handbook that gives practical...
April 30th, 2014 | Arrest of ships, Books, Claims, Corporate Social Responsibility, Health and Safety, HR, Immigration, Labour Disputes, Manning - Seafarers and Offshore, Maritime Fraud, P and I Clubs, Piracy and Terrorism, Politics and Government, Regulatory, Safety and Security, The Nautical Institute | Read More

DGS Marine opens new office in Manila

DGS Marine opens new office in Manila
David Skinner Expansion of global network follows 19% premium growth for DGS Marine in February P&I renewals DGS Marine, a leading global P&I (protection and indemnity) management provider, and exclusive manager for the British European and Overseas (BE&O) P&I facility, has announced...
April 16th, 2014 | Claims, Company Profiles, HR, Insurance and Reinsurance, Marine Insurance, P and I Clubs | Read More