Archive for the ‘Marine Insurance’ Category

14th September… a very special race!

14th September… a very special race!
Phil Parry On 14th January 2007, I was told that my son Oscar would not survive the day. At that point, he had endured two forms of leukaemia, two bone marrow transplants, over 100 blood transfusions, five brain haemorrhages and five years of chemotherapy. On 14th September 2018 my colleagues and I...
August 20th, 2018 | Charity, Health and Safety, Sailing | Read More

Tindall Riley Team Raise Money by Walking 56 Miles Along the Thames Path

Tindall Riley Team Raise Money by Walking 56 Miles Along the Thames Path
A group of staff from Britannia’s managers, Tindall Riley, walked 56 miles of the Thames Footpath Route to raise money for the Marine Conservation Society with a mission to complete the walk within 24 hours. 13 staff set off from Cookham, Berkshire, at 6pm on 12th July and walked through the night,...
August 20th, 2018 | Associations, Charity, P and I Clubs, Sports | Read More

ReCAAP Information Sharing Centre and Philippine Coast Guard meeting on security…

ReCAAP Information Sharing Centre and Philippine Coast Guard meeting on security…
The first day of the meeting included a panel discussion to address questions from the audience on the current situation in the Sulu-Celebes Seas ReCAAP Information Sharing Centre and Philippine Coast Guard  Co-Organised Meeting with Government Agencies and Shipping Industry to Enhance Maritime Safety...
August 17th, 2018 | Bribery and Corruption, Corruption, Events, Conferences,Forums and Symposiums, Health and Safety, Maritime Fraud, Safety and Security | Read More

Pilot hydration campaign investigates seafarers’ water consumption on board

Pilot hydration campaign investigates seafarers’ water consumption on board
73 seafarers have taken part in a hydration health promotion campaign for 28 days to assess the effectiveness of materials to encourage fluid intake.  The International Seafarers’ Welfare and Assistance Network (ISWAN) has published the results of a pilot hydration campaign on seafarers’...
August 16th, 2018 | Health and Safety, HR, Maritime Education and Training, Safety and Security | Read More

American Salvage Association offers Honorary Membership to Academia

American Salvage Association offers Honorary Membership to Academia
Rebecca Garcia-Malone, ASA Education Committee Chair, presents Dr. Richard J. Burke, ABS Professor of Naval Architecture & Engineering, SUNY Maritime College, with an official invitation to join the ASA as the very first honorary maritime faculty member representative (July 20th, 2018 at SUNY Maritime...
August 15th, 2018 | Academia, Associations, Awards, HR, Marine Insurance, Salvage, Towage, Wreck Removals | Read More

Stena Drilling streamlines safety equipment management backed by proven VIKING solution

Stena Drilling streamlines safety equipment management backed by proven VIKING solution
VIKING offshore evacuation system As part of its constant drive for new efficiencies, Stena Drilling has placed a significant part of its safety equipment and servicing management under a VIKING Offshore Safety Agreement.  Progressive UK-based offshore drilling company Stena Drilling Limited is committed...
August 15th, 2018 | Health and Safety, Marine Equipment Products and Services, News, Safety and Security, Technical, Technology | Read More

Nomination for IUMI President

Nomination for IUMI President
Richard Turner The presidency of IUMI – the International Union of Marine Insurance – is for a four-year term. The present incumbent, Dieter Berg, ends his full term at this year’s IUMI annual conference in Cape Town and will formally hand over the position to his successor on Wednesday 19...
August 15th, 2018 | Associations, Marine Insurance, News, Person Profiles | Read More

North P&I Club adds strength and depth to the Greek office team

North P&I Club adds strength and depth to the Greek office team
Paul Jennings August 13, 2018 – Leading global marine insurer North P&I Club has further strengthened its Greece based team with a number of new appointments and internal promotions, demonstrating North’s continuing commitment to providing the highest standards of service to its local...
August 13th, 2018 | Company Profiles, HR, Marine Insurance, News, P and I Clubs, Person Profiles | Read More

HudsonTrident Announces Updated Facility Security Course

HudsonTrident Announces Updated Facility Security Course
Mike Edgerton Camden, New Jersey, United States, August 3, 2018 // HudsonAnalytix, Inc. is pleased to announce its maritime security subsidiary, HudsonTrident has updated its Facility Security Officer Course to reflect recent changes in the International Ship and Port Security Code Model Course.  The...
August 13th, 2018 | Maritime Education and Training, Port Conditions, Ports & Terminals, Safety and Security | Read More

Brexit ‘nightmare’ for industry unless government breaks political deadlock

Brexit ‘nightmare’ for industry unless government breaks political deadlock
Giving insurance a voice: Brexit ‘nightmare’ for industry unless government breaks political deadlock We are delighted to introduce our latest report – Brexit and the insurance sector: Towards 2020 and beyond – as part of Kennedys’ ongoing commitment to providing key business insights...
August 10th, 2018 | Insurance and Reinsurance, Marine Insurance, Reports | Read More

Daily Overview of Global Markets & the SEE Region (Friday, August 10, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, August 10, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Global equity markets pulled back on Friday as turmoil in major emerging markets (the plunging Turkish lira, Sino-US trade conflict as well as US sanctions on Russia for election meddling) continued to dampen sentiment. In FX markets,...
August 10th, 2018 | Banking, Finance, Markets, Reports, Sanctions, Shipfinance, Statistics, Stock Markets | Read More

Hot Port News from GAC

Hot Port News from GAC
09-Aug-2018 TYPHOON NOTICE Hong Kong PORT OPERATIONS UNAFFECTED BY SECOND EARTHQUAKE Lombok, Indonesia Typhoon notice Thursday, August 9, 2018, Hong Kong It is reported that the tropical cyclone over the central and northern parts of the South China Sea will move in the general direction towards the...
August 9th, 2018 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals | Read More

LCC: “Subject to review” clauses – Is there an intention to be immediately bound?

LCC: “Subject to review” clauses – Is there an intention to be immediately bound?
“Subject to review” clauses are frequently used in fixture proposals to indicate that the parties have not yet agreed to an enforceable contract. However, the recent case of Toptip vs Mercuria in Singapore demonstrates such language may not be sufficient to avoid the contract coming into...
August 8th, 2018 | Chartering, Fixtures, Legal, P and I Clubs | Read More

Piracy and Sea Robbery Situation in Asia in July 2018

Piracy and Sea Robbery Situation in Asia in July 2018
.. In July 2018, a total of seven incidents (all actual incidents) of armed robbery against ships were reported All incidents have been verified and reported to the ReCAAP ISC by ReCAAP Focal Points and Contact Point Compared to the preceding month of Jun 2018, there has been an increase in the...
August 8th, 2018 | Piracy and Terrorism, Reports, Safety and Security | Read More

The United States formally reimposes secondary sanctions against Iran

The United States formally reimposes secondary sanctions against Iran
Joe Hughes From the American Club to its members: AUGUST 07, 2018   CIRCULAR NO. 28/18   TO THE MEMBERS OF THE ASSOCIATION   Dear Member:   THE UNITED STATES FORMALLY REIMPOSES SECONDARY SANCTIONS AGAINST IRAN   Introduction On May 8, 2018, President Trump withdrew the United States from participation...
August 7th, 2018 | News, P and I Clubs, Sanctions | Read More

Ship agent liable for negligence leading to excessive dunnage disposal charges

Ship agent liable for negligence leading to excessive dunnage disposal charges
International Transport Intermediaries Club (ITIC) has recently reported a dispute in which a ship agent in Australia was held liable to its shipowner principal for excessive charges demanded by a contractor for the disposal of dunnage and other materials related to the packing of cargo. The agent was...
August 6th, 2018 | Chartering, Legal, P and I Clubs | Read More

Rising to the digital challenge in shipping

Rising to the digital challenge in shipping
Joint TT Club & McKinsey report concludes that the future is digital   ‘Brave new world?’ examines two potential future digital scenarios, one of which is termed ‘Digital reinvention’ Industry experts, looking at the future for the container transport industry over the next 25 years,...
August 6th, 2018 | Containers, IT and Communications, P and I Clubs, Technical, Technology | Read More

Fuel contamination – a get me home solution?

Fuel contamination – a get me home solution?
An example of a damaged plunger Contaminated fuel now also found in the world’s largest ship refuelling hub, Singapore, in addition to the Americas, has resulted in engine failures and mechanical damage according to a recent report from a Singapore-based marine fuel surveyor. Given certain parameters,...
August 2nd, 2018 | Bunkering, Corruption, Environment, Technical, Technology | Read More

London Court of International Arbitration finds the Djiboutian Government’s Seizure of Doraleh Terminal Illegal

London Court of International Arbitration finds the Djiboutian Government’s Seizure of Doraleh Terminal Illegal
Tribunal declares validity of the concession agreement DUBAI, United Arab Emirates, August 2, 2018/ — An Arbitral Tribunal of the London Court of International Arbitration (“LCIA”) today confirmed the illegitimacy of the Government of Djibouti’s action of seizing control of the Doraleh Container...
August 2nd, 2018 | Disputes, Legal, Port Conditions, Ports & Terminals | Read More

GAC Dubai raises its pharmaceutical logistics game

GAC Dubai raises its pharmaceutical logistics game
GAC Dubai’s Qualilty Manager, Sandeep Kumar, receiving the award from DNV representative Medical Devices Management System certification demonstrates company’s ability in specialised field Dubai, UAE 2 August 2018 – GAC Dubai has been awarded the ISO 13485:2016 Medical Devices Management...
August 2nd, 2018 | Health and Safety, Logistics, Medical | Read More

Launch of joint concentrated inspection campaign on MARPOL Annex VI

Launch of joint concentrated inspection campaign on MARPOL Annex VI
Richard Schiferli The Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint Concentrated Inspection Campaign (CIC) on MARPOL Annex VI. The main objectives of this CIC are to: establish the level of compliance with the requirements...
August 1st, 2018 | Emissions, Environment, Health and Safety, Maritime Accidents, Maritime Education and Training, News, Oil Spill, Pollution, Safety and Security | Read More

Capes rule the day but caution is advised…

Capes rule the day but caution is advised…
John Faraclas The BDI (Baltic Dry Index)  gained another 44 points and now stands at 1,747 thanks to the Capes’ continuous surge… Geopolitics a bit of the same – still getting worse. John Faraclas’ daily briefing: The Capes’ BCI was up 191 points – now reading 3,471 points. CAUTION as this...
July 31st, 2018 | Chartering, Dry Bulkcarriers, Health and Safety, Markets, Reports, Safety and Security, Shipping Indices, Tankers | Read More

Blaze and Blame

Blaze and Blame
.John Faraclas WITHOUT PREJUDICE Blaze and Blame Eight days have passed since the despicable events of the 23rd of July in Attica – mainly hitting Kineta, Mati, Rafina, Little Red Port, Neos Voutzas in the wildfires inferno which until this moment have claimed the lives of 92 people including young...
July 31st, 2018 | Corruption, Health and Safety, Insight, Politics and Government, Safety and Security | Read More

Final results of CIC on Safety of Navigation published

Final results of CIC on Safety of Navigation published
Richard Schiferli Today the final results of the Concentrated Inspection Campaign on Safety of Navigation (including ECDIS) have been published. The Paris Memorandum of Understanding (Paris MoU) on Port State Control (PSC) carried out a Concentrated Inspection Campaign (CIC) on Safety of Navigation including...
July 31st, 2018 | Health and Safety, Reports, Safety and Security | Read More

The Capes rollercoaster continues…

The Capes rollercoaster continues…
John Faraclas The BDI  ended up at 1,703, that’s  +27 points all thanks to the Capes as all other indices fell or remained idle. Geopolitics far worse than last Friday the 27th of July. John Faraclas’ daily market and geopolitics brief: The Capes’ BCI   gained 83 points and now reads 3,280,...
July 30th, 2018 | Dry Bulkcarriers, Markets, News, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers | Read More