Archive for the ‘Marine Insurance’ Category

IUMI turns the spotlight on Asia….

IUMI turns the spotlight on Asia….
Ole Wikborg IUMI turns the spotlight on Asia as it gears up for its 2014 annual conference in Hong Kong,  By James Brewer  A strong emphasis on Asian markets will be a feature of the 2014 annual conference of the International Union of Marine Insurance (IUMI), it is clear from the agenda for the major...
July 17th, 2014 | Associations, Marine Insurance | Read More

Limitation fund by guarantee: ATLANTIK CONFIDENCE

Limitation fund by guarantee: ATLANTIK CONFIDENCE
Michael Ritter On 6 March 2014, the English Court of Appeal (Civil Division) handed down their judgment of Kairos Shipping Limited v. Enka & Co. LLC (and Others)1. Lady Justice Gloster, giving the leading judgment, ruled that as a matter of English law, pursuant to the Convention on Limitation...
July 16th, 2014 | Banking, Legal, Marine Insurance, News, P and I Clubs | Read More

The “Costa Concordia” is finally afloat

The “Costa Concordia” is finally afloat
Costa Concordia seen during the operations to put it afloat. Photo: PA Costa Concordia is now afloat, Costa Cruises has confirmed. “The Concordia’s stern and bow are now detached from the false sea bed by about 1m, ” the company said. (source: IHS Fairplay) The wreck is now afloat due...
July 16th, 2014 | Associations, Cruise Industry, Headlines, Maritime Accidents, News, Oil Spill, Pollution, Safety and Security, Salvage, Towage, Wreck Removals, Underwater Shipping | Read More

PC Maritime ECDIS enhanced for revised VDR Standards

PC Maritime ECDIS enhanced for revised VDR Standards
PC Maritime have upgraded their ECDIS so that it meets the requirements of the new VDR Performance Standard (MSC.333 (90) which came into force on 1 July 2014. From 1 July 2014 VDR installations must: * include the ability to capture ECDIS screenshots at least every 15 seconds, * record the charts in...
July 16th, 2014 | IT and Communications, Marine Equipment Products and Services, News, Regulatory, Safety and Security, Technical, Technology | Read More

Hot Port news from GAC

Hot Port news from GAC
LIVE FIRING EXERCISES Angola, Soyo TROPICAL STORM EXPECTED TO MAKE LANDFALL TODAY Philippines, all ports CONVEYOR BREAK-DOWN Australia, Port Kembla Live firing exercises July 15, 2014, Angola, Soyo From 14-19 July 2014, the Angolan Armed Forces are carrying out live artillery firing exercise on land,...
July 15th, 2014 | Earthquakes, Tsunamis, Cyclones and Typhoons, Environment, Oceanology, Port Conditions, Ports & Terminals, Safety and Security, Weather | Read More

StormGeo lists its first bond issue on Oslo Børs

StormGeo lists its first bond issue on Oslo Børs
15/07/2014 – StormGeo Holding AS lists its first bond issue on Oslo Børs today. StormGeo is a global weather services provider with operations in offshore, renewables, media, corporate enterprise and shipping industries. The bond loan that is admitted to listing today – StormGeo Holding...
July 15th, 2014 | Earthquakes, Tsunamis, Cyclones and Typhoons, Environment, Markets, Oceanology, Stock Markets, Weather | Read More

ITF helps people of Gaza

ITF helps people of Gaza
Unloading one of the relief flights in 2009 14 July 2014 – With the death toll rising daily in Gaza the ITF today called for an immediate ceasefire and launched an urgent humanitarian appeal for those affected. Condemning the Israeli airstrikes into Gaza as a disproportionate response – that...
July 14th, 2014 | Aviation, Charity, Health and Safety, ITF, Logistics, Military, Piracy and Terrorism, Politics and Government, Safety and Security, UN | Read More

An Interview with John Faraclas in NOUSE

An Interview with John Faraclas in NOUSE
Yvonni-Stefania Efstathiou   John Faraclas Live interview at NOUSE to Yvonni-Stefania Efstathiou*, politics editor  of the University of York’s Student newspaper on Friday the 11th of July 2014 and published today. On a summery yet rainy day, in a café at Holland Park, just a few minutes...
July 14th, 2014 | Associations, Bribery and Corruption, Corruption, Cruise Industry, Defense, Energy, Environment, European Union, Flags, Gas, Holidays, HR, IT and Communications, Legal, LNG, Manning - Seafarers and Offshore, Marine Equipment Products and Services, Maritime Fraud, Maritime History and Museums, Maritime Tourism, Markets, Military, Mining, Oil Industry, Oil Platforms and Rigs, Pensions, Politics and Government, Press and Media, Regulatory, Reports, Safety and Security, Ship Conversions, Shipbuilding and Shipyards, Shipfinance, Shiprepair, Stock Markets, Taxation, Technology, Tourism, Trade and Commerce | Read More

Industry asks DNV GL to explore risks at small scale LNG bunkering and filling stations

Industry asks DNV GL to explore risks at small scale LNG bunkering and filling stations
8th July 2014 – In order to better understand the consequences of an accidental liquefied natural gas (LNG) release, DNV GL has been asked by the industry to initiate a Joint Industry Project (JIP). It will be run in collaboration with E&P companies and LNG market stakeholders. The JIP will...
July 14th, 2014 | Bunkering, Classification Societies, LNG, Marine Equipment Products and Services, Safety and Security | Read More

Royal Marines use Port of Grimsby as a base for Humber Estuary exercise

Royal Marines use Port of Grimsby as a base for Humber Estuary exercise
539 Assault Squadron Royal Marines brought 75 personnel to the Port of Grimsb 14 July 2014 – A group of 75 Royal Marines from 539 Assault Squadron Royal Marines based themselves Associated British Ports’ (ABP) Port of Grimsby for four days recently as part of a military planning exercise. 539...
July 14th, 2014 | Defense, Logistics, Military, News, Ports & Terminals | Read More

ITF condemns Gaza airstrikes and launches appeal to aid victims

ITF condemns Gaza airstrikes and launches appeal to aid victims
The ITF HQ’s in London 14 July 2014 – The ITF (International Transport Workers’ Federation) has condemned the growing number of deaths resulting from Israeli military strikes against Gaza in the last few days and launched an appeal to assist those affected. The air strikes have been in...
July 14th, 2014 | Civil Unrest, HR, ITF, Maritime Fraud, Religion, Safety and Security | Read More

Transnational Seaborne Organised Crime: an Update

Transnational Seaborne Organised Crime: an Update
George Kiourktsoglou Transnational Seaborne Organised Crime: an Update George Kiourktsoglou[1] (Visiting Lecturer, PhD Candidate, University of Greenwich, London) Dr. Alec Coutroubis (Principal Lecturer, University of Greenwich, London) Introduction The definition of Transnational Organised Crime (TOC)...
July 14th, 2014 | Associations, Bribery and Corruption, Corruption, Insight, Maritime Fraud, Organisations, Piracy and Terrorism, Safety and Security, UN | Read More

Private Business Awards recognize achievements of Private Security Company

Private Business Awards recognize achievements of Private Security Company
International security and risk management company Ambrey Risk has been shortlisted for ‘Emerging Entrepreneur of the Year’ by the prestigious Private Business Awards 2014. The founders of Hereford-based Security Company Ambrey Risk, Chris Charnley, John Thompson and Mark Osborne, who have been...
July 14th, 2014 | Associations, Awards, HR, Marine Insurance, Piracy and Terrorism, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
WORLDWIDE – WORLD HOLIDAYS: 13-26 JULY 2014 DRAFT REDUCED DUE TO MONSOON & SILTATION India, New Mangalore VESSEL ENTRY ENTRY/DEPARTURE RESTRICTED Argentina, Necochea World Holidays: 13-26 July 2014 COUNTRY: Worldwide Public holidays around the world in the coming two weeks include the...
July 12th, 2014 | Canals, Earthquakes, Tsunamis, Cyclones and Typhoons, Inland Waterways, Port Conditions, Ports & Terminals, Weather | Read More

The Shipping Market collapses…

The Shipping Market collapses…
John Faraclas With a 63, 46 percent downfall, since the end of December 2013, the BDI is collapsing and unless we see a …”correction”, things will continue to get sour; the same more or less prevails in the wets! We refer to a “correction” just… to give the market a chance, as well as to...
July 11th, 2014 | Breaking News, Bribery and Corruption, Civil Unrest, Corruption, Energy, European Union, Markets, Military, Piracy and Terrorism, Politics and Government, Tourism | Read More

Asian Gypsy Moth vessel inspection

Asian Gypsy Moth vessel inspection
Australia, all ports Asian Gypsy Moth vessel inspection July 11, 2014, Australia, all ports Australia’s Department of Agriculture will conduct its annual heightened surveillance regime to manage the risks posed by Asian Gypsy Moth (AGM) on international vessels from 15 July to 31 October. In...
July 11th, 2014 | Associations, Maritime Accidents, Organisations, Ports & Terminals, Safety and Security | Read More

Lookout: Surge in piracy attacks

Lookout: Surge in piracy attacks
Situation There has been a surge in piracy attacks in South East Asia, particularly in the Straits of Malacca,  that we would like to draw to our Member’s attention. The International Maritime Bureau has reported 23 attacks between January and March 2014 and a further six attacks since April 2014...
July 11th, 2014 | Associations, Marine Insurance, Maritime Fraud, P and I Clubs, Piracy and Terrorism | Read More

Setting the agenda on climate change

Setting the agenda on climate change
Thurday 10 July 2014 – The World Bank’s Understanding Risk conference took place between 30 June and 4 July with the aim of producing actionable information on climate change. But it was the Prince of Wales and Lloyd’s Chairman John Nelson who set the agenda in the week before. (source:...
July 10th, 2014 | Climate, Environment, Insurance and Reinsurance, Marine Insurance, Pollution | Read More

SeafarerHelp assisted over 6, 400 seafarers & their families in 2013

SeafarerHelp assisted over 6, 400 seafarers & their families in 2013
SeafarerHelp is the free 24 hour multi-lingual helpline for seafarers run by the not for profit organisation, the International Seafarers’ Welfare Assistance Network (ISWAN). ISWAN have just produced the 2013 Annual Review for SeafarerHelp. During 2013 the SeafarerHelp team dealt with problems...
July 10th, 2014 | Health and Safety, ITF, Marine Equipment Products and Services | Read More

Wilson Sons Shipyards signs two PSV 5000 contracts with Damen Shipyards Group at ITS

Wilson Sons Shipyards signs two PSV 5000 contracts with Damen Shipyards Group at ITS
Erik Hertel (Sales Manager Damen), Bram Verwijs (Project Manager Damen), Michael Schröder (CEO Ultratug), Federico Irrgang (President Wilson, Sons Ultratug), Arnaldo Calbucci (Vice-President Wilson, Sons), Martín Brau (CEO Antares Naviera), |René Berkvens (CEO Damen), Adalberto Souza (Director Wilson...
July 10th, 2014 | Marine Insurance, News, Salvage, Towage, Wreck Removals, Shipbuilding and Shipyards, Supply ships | Read More

SAMI urges widespread piracy caution

SAMI urges widespread piracy caution
Peter Cook With the worrying rise in piracy attacks across the South East Asian region, the global focal point for maritime security matters, the Security Association for the Maritime Industry (SAMI) has urged all Company Security Officers (CSOs), Masters and Ship Security Officers (SSOs) to exercise...
July 9th, 2014 | Associations, Breaking News, Piracy and Terrorism, Safety and Security | Read More

Anti-Bribery, Corruption and Human Rights…

Anti-Bribery, Corruption and Human Rights…
Neil Hutchison from Mazars speaking Anti-Bribery, Corruption and Human Rights within the Maritime Industry,  By Alicia Little, Jeanius Consulting The Shipping Professional Network London (SPNL) recently hosted another great event, courtesy of Mazars, who hosted and sponsored the event. Members and guests...
July 9th, 2014 | Associations, Bribery and Corruption, Conferences, Seminars, Forums | Read More

WTS secures second order for Unitor

WTS secures second order for Unitor
PROSPECTOR 1 arrives by ship in the Cromarty Firth. Wilhelmsen Technical Solutions secures second order for Unitor fire-fighting system from Prospector Offshore Drilling Successful retrofit to first newbuilding sees Aberdeen-based owner specify further Low Expansion Foam system for second China-built...
July 9th, 2014 | Drill ships, Marine Equipment Products and Services, Safety and Security, Technology | Read More

London P&I Club Chairman calls for international action on ports of refuge

London P&I Club Chairman calls for international action on ports of refuge
  John M. Lyras JOHN M Lyras, Chairman of the London P&I Club, has called for concerted international action on the provision of places of refuge for ships involved in casualties. Writing in the club’s 2014 Annual Report, Mr Lyras says, “Nearly twelve years after the Prestige disaster, it...
July 9th, 2014 | Marine Insurance, Maritime Accidents, News, P and I Clubs, Safety and Security | 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