Archive for the ‘Marine Insurance’ Category

Transnet concludes agreement for new helicopters

Transnet concludes agreement for new helicopters
One of Transnet National Ports Authority’s existing AgustaWestland (AW 109) helicopters in the Port of Durban. [Durban, South Africa, 20 February 2018]  Transnet National Ports Authority (TNPA) has concluded negotiations and signed an agreement for the manufacture, supply and delivery of two new helicopters...
February 20th, 2018 | Aviation, Ports & Terminals, Safety and Security | Read More

From stamp to screen: DNV GL issues over 50,000 electronic certificates

From stamp to screen: DNV GL issues over 50,000 electronic certificates
Hamburg, 20 February 2018: With the introduction of IMO compliant electronic class and statutory certificates DNV GL took classification into new territory. Now, just four months after the launch of this new service, more than 50,000 certificates have been issued. “We have been overwhelmed by the...
February 20th, 2018 | Classification Societies, IT and Communications, Marine Equipment Products and Services, News, Regulatory, Safety and Security, Shipmanagement | Read More

Britannia appoints new exclusive correspondent in Taiwan

Britannia appoints new exclusive correspondent in Taiwan
In a move to maintain the highest possible service levels to its Members in Asia, Britannia P&I has recently made two important changes. In April last year, Britannia’s Managers, Tindall Riley, acquired the club’s Exclusive Correspondent in Japan, Cornes P&I. Renamed Tindall Riley (Britannia)...
February 20th, 2018 | Company Profiles, Mergers and Acquisitions, P and I Clubs | Read More

Iskes Towage & Salvage adds two more Damen ASD Tugs 2810 to its fleet

Iskes Towage & Salvage adds two more Damen ASD Tugs 2810 to its fleet
Damen ASD Tugs 2810. Iskes Towage & Salvage, the leading maritime service provider based in the port of IJmuiden/Amsterdam, has taken delivery of two Damen ASD Tugs 2810. The vessels were built at Damen Song Cam Shipyards, Vietnam, and delivered last year to Damen Shipyards Gorinchem, the Netherlands,...
February 19th, 2018 | Marine Equipment Products and Services, Salvage, Towage, Wreck Removals, Shipbuilding and Shipyards | Read More

Demonstrated compliance in CIC on Safety of Navigation

Demonstrated compliance in CIC on Safety of Navigation
Richard Schiferli Port State Control Officers in the Paris MoU region and the Tokyo MoU performed a joint Concentrated Inspection Campaign (CIC) on Safety of Navigation, including ECDIS, 2017 in the period from 1 September to 30 November 2017. The aim of the CIC was to verify that the minimum standards...
February 19th, 2018 | Regulatory, Safety and Security | Read More

ING and EIB provide EUR 300m to finance green shipping

ING and EIB provide EUR 300m to finance green shipping
l to r: Stephen Fewster, Global Head of Transportation Finance at ING, Werner Hoyer EIB President, Isabel Fernandez, Head of Wholesale Banking at ING Amsterdam, 19 February 2018 – ING and the European Investment Bank (EIB) today signed an agreement to support green investments for the European...
February 19th, 2018 | Banking, Emissions, Environment, European Union, Finance, Inland Waterways, Insurance and Reinsurance, Marine Insurance, Politics and Government, Ports & Terminals, Shipfinance | Read More

BDI’s mild dive at 1,089; havoc in Geopolitics

BDI’s mild dive at 1,089; havoc in Geopolitics
John Faraclas The BDI lost six points thanks to the surge of Panamaxes and the reduced fall of Capers. Geopolitics including the economy on Planet Ocean is in tatters. John Faraclas early daily briefing/recap: The Capers’ fall was a …bit contained and the loss of 58 points brought the BCI down at...
February 15th, 2018 | Bribery and Corruption, Conferences, Seminars, Forums, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

Full details of innovative supply chain safety measures published

Full details of innovative supply chain safety measures published
ICHCA International has today published a digest of entries to the 2nd TT Club Innovation in Safety Award, comprising no fewer than twenty-two effective improvements to supply chain practices 15.02.2018 – Presented at ICHCA’s 65th anniversary conference last year, the 2nd TT Club Innovation...
February 15th, 2018 | Awards, Health and Safety, P and I Clubs, Safety and Security | Read More

Survitec to present at the Informal Tanker Operators’ Safety Forum

Survitec to present at the Informal Tanker Operators’ Safety Forum
Safety solutions provider Survitec is to attend the Informal Tanker Operators’ Safety Forum (ITOSF) which takes place in Athens at the Grand Bretagne Hotel, on 21st and 22nd February 201 The two-day event is a gathering of representatives of more than 70 tanker management companies, exchanging views...
February 15th, 2018 | Events, Conferences,Forums and Symposiums, Marine Equipment Products and Services, Safety and Security, Tankers | Read More

TT Talk – Dangerous Goods

TT Talk – Dangerous Goods
Following from TT Club: 13 FEB TT Talk – Dangerous Goods                     Welcome to the latest issue of TT Talk, your monthly bulletin on loss prevention from TT Club. This may seem a regular theme, but developments in international regulation and in opportunities to improve safety...
February 13th, 2018 | Communication, P and I Clubs, Safety and Security | Read More

Dutch prosecutors press criminal charges against Seatrade

Dutch prosecutors press criminal charges against Seatrade
Ingvild Jenssen Managers risk prison sentences and hefty fines for the illegal sale of end-of-life ships Brussels/Rotterdam, 15 February 2018 – For the first time in Europe, Public Prosecutors are bringing criminal charges against a ship owner – Seatrade – for having sold vessels to scrap yards...
February 13th, 2018 | Health and Safety, Ship Demolitions | Read More

Tsavliris activities during Q4 2017

Tsavliris activities during Q4 2017
Bulkcarrier “Sinica Graeca” Q4 2017 Tsavliris Activities Viewes can read herebelow the latest international activities and see relevant photos from the Tsavliris Salvage: Bulk Carrier “SINICA GRAECA” On 17 August 2017, the Bulk Carrier “SINICA GRAECA” (GT 35,884 – DWT 63,270),...
February 12th, 2018 | News, Salvage, Towage, Wreck Removals | Read More

Maritime Labour Convention 2006 As Amended (MLC) – Liability for Uninsured MLC Liabilities

Maritime Labour Convention 2006 As Amended (MLC) – Liability for Uninsured MLC Liabilities
… Following from Steamship Mutual: As Members will be aware from the Club’s Circulars L.280 of June 2016 and L.284 of October 2016 concerning the implementation of financial certification requirements in accordance with the amendments to the Maritime Labour Convention 2006 (“MLC”), the...
February 12th, 2018 | Associations, HR, P and I Clubs | Read More

HFW Briefing – Adam & Eve & Arbitration

HFW Briefing – Adam & Eve & Arbitration
Brian Perrott  Adam & Eve & Arbitration There are still arbitration clauses that contain arcane language requiring arbitrators to be “commercial men”. In this article we examine how the English courts have interpreted this “commercial men” wording and consider whether...
February 12th, 2018 | Arbiitration, Legal | 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

IMO moves to outlaw carriage of high sulphur marine fuel ahead of 2020 usage ban

IMO moves to outlaw carriage of high sulphur marine fuel ahead of 2020 usage ban
London, 9 February 2018 – Moves to close a loophole in enforcement of the cap on high-sulphur marine fuel, which comes into effect in January 2020, have been welcomed by the Clean Shipping Coalition (CSC). Ships will be banned at that time from burning any marine fuel with a sulphur content above...
February 9th, 2018 | Bunkering, Emissions, Environment, Health and Safety, Manning - Seafarers and Offshore, Pollution | Read More

Hot Port News from GAC

Hot Port News from GAC
  08-Feb-2018 MOSQUITO ERADICATION CERTIFICATE  China MEASURES TO PREVENT THE SPREAD OF YELLOW FEVER  China Mosquito Eradication Certificate Thursday, February 8, 2018, China Vessels from Nigeria, Peru and Brazil (except for the states of Ceará, Rio Grande do Norte, Paraiba,...
February 8th, 2018 | Health and Safety, Medical, Port Conditions, Ports & Terminals | Read More

Cyber-risk exercises marine insurers

Cyber-risk exercises marine insurers
IUMI leaders in London. Cyber-risk exercises marine insurers By James Brewer Marine insurers are grappling with hard-to-quantify factors in their attempts to devise the right cyber-risk clauses for clients. Limited data on the frequency of attacks, severity of loss and probability of physical damage...
February 7th, 2018 | Conferences, Seminars, Forums, Marine Insurance, News | Read More

Caught in the net: Substandard Turkish cargo ship detained in Hamburg after main engine failure. Very poor working/living conditions

Caught in the net: Substandard Turkish cargo ship detained in Hamburg after main engine failure. Very poor working/living conditions
The Mistral PARIS MoU: Today the Secretariat has posted a new “Caught in the Net” concerning a substandard Turkish cargo ship detained in Hamburg after main engine failure. Very poor working and living conditions for the crew. Full details can be found herebelow:  On 20 July 2017 early afternoon...
February 6th, 2018 | Classification Societies, Health and Safety, News, Regulatory, Safety and Security | Read More

Steamship Insurance Management Services Limited: Management Succession Plan

Steamship Insurance Management Services Limited: Management Succession Plan
Following from Steamship Mutual: Management Succession Plan The Managers have announced their succession plan for the immediate future. Gary Rynsard will step down from the role of Executive Chairman in February 2019 and will be replaced in that position by Stephen Martin. Gary will remain with the...
February 6th, 2018 | Company Profiles, P and I Clubs, Person Profiles | 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

DNV GL launches Nauticus Hull version V20

DNV GL launches Nauticus Hull version V20
Screenshot of new Nauticus Hull version showing the hull scantling design program. Next generation hull calculation software: DNV GL launches Nauticus Hull version V20 Høvik, 6 February 2018: DNV GL’s Nauticus Hull software has been given a major upgrade to provide improved support for the new DNV...
February 6th, 2018 | Classification Societies, Dry Bulkcarriers, IACS, IT and Communications, News, Safety and Security, Ship Conversions, Shipbuilding and Shipyards, Shiprepair, Tankers, Technical, Technology | Read More

Cyber security tests on “Zim Genova” containership demonstrate naval Dome solution

Cyber security tests on “Zim Genova” containership demonstrate naval Dome solution
Naval Dome cyber security testing carried out in port Naval Dome has successfully completed the pilot testing of its multi-layered cyber security system for Lloyd’s Register aboard XT Shipping’s Zim Genova. The 4300TEU containership was operational during the tests, which were supervised by the...
February 5th, 2018 | Classification Societies, IT and Communications, Safety and Security | Read More

Ministry of Education of the United Arab Emirates partners with BSC…

Ministry of Education of the United Arab Emirates partners with BSC…
H.E Eng.Abdulrahman Al Hammadi, Undersecre-tary for Inspection & Support Services at the Ministry of Education UAE, Mr. Abdulla Alkaabi, Cultural Attache, Ministry of Education UAE, and Eng.Hamdan Alsaedi, EHS Director, Ministry of Education UAE, Chris Wales, Chief Technology Officer at the British...
February 5th, 2018 | Academia, Education and Training, Environment, Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, HR, Safety and Security | Read More

An IUA comment on the London Market electronic placement (PPL)

An IUA comment on the London Market electronic placement (PPL)
Dave Matcham Viewers can read herebelow a comment from the International Underwriting Association on Lloyd’s announcement (press release) about mandating Placing Platform Limited (PPL). Dave Matcham, chief executive of the IUA, said: “PPL can only be successful if it is widely used across the London...
February 5th, 2018 | Insurance and Reinsurance, Marine Insurance, News | Read More