Archive for the ‘Marine Insurance’ Category

Tsavliris Salvage joins forces with Green Award Foundation

Tsavliris Salvage joins forces with Green Award Foundation
l to r: Nicolas Tsavliris, Andreas Tsavliris, Dimitrios Mattheou (Chairman, Green Award Foundation), George Tsavliris, Jan Fransen (Executive Director, Green Award) Tsavliris Salvage celebrated its induction into the Green Award Foundation during a reception at the Yacht Club of Greece on January 10,...
January 17th, 2019 | Awards, Emissions, Environment, Events, Oceanology, Oil Spill, Pollution, Salvage, Towage, Wreck Removals | Read More

New IUA appointment to review central processing services

New IUA appointment to review central processing services
Peter Sammons The International Underwriting Association (IUA) has appointed a consultant to help its member companies make the most of their use of central London Market processing services. A review of service levels will be conducted and the full range of end-end-end business processes analysed, including...
January 17th, 2019 | Associations, Company Profiles, Insurance and Reinsurance, IUA, Marine Insurance, Person Profiles | Read More

The Killing of Fesaitu Riamkau: A Fijian Crewman

The Killing of Fesaitu Riamkau: A Fijian Crewman
15 January 2019 Any advice for people going to sea? “It’s up to them. Anything can happen at sea.” Munivai Taukave Lorenti London.UK. Human Rights at Sea today publishes a new redacted case study, including witness statements detailing the background to the killing of Fesaitu Riamkau in Panama,...
January 16th, 2019 | Charity, Health and Safety, HR, Manning - Seafarers and Offshore, Marine Insurance, Maritime Accidents, Safety and Security | 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

ITIC reimburses broker accused by owner of breach of authority

ITIC reimburses broker accused by owner of breach of authority
International Transport Intermediaries Club (ITIC) recently represented a shipbroker accused by an owner of breach of warranty of authority in a dispute arising under a non-performing contract of affreightment (CoA). The shipbrokers had negotiated the terms of a CoA between the charterers and the ship...
January 14th, 2019 | Chartering, P and I Clubs | Read More

AFL’s USA subsidiary Zodiac fills insurance gap with new D&O cover

AFL’s USA subsidiary Zodiac fills insurance gap with new D&O cover
Zodiac president David Wash London, 11 January, 2019: Lloyd’s broker AFL Insurance Brokers Ltd (AFL) is delighted to announce that its independent USA managing general agent subsidiary Zodiac Insurance Services, LLC. (Zodiac) has launched innovative new Directors and Officers (D&O) capacity for...
January 11th, 2019 | Company Profiles, Insurance and Reinsurance, Marine Insurance, Person Profiles | Read More

Pocket Guide – new concept introduced by Seagull

Pocket Guide – new concept introduced by Seagull
Pocket Guide – new concept from Seagull Last year, Seagull Maritime introduced a new concept to their comprehensive library of learning – The Pocket Guide. This has been developed as a supplement to the e-learning modules. But what is a Pocket guide?   A Pocket Guide is an electronic tool...
January 11th, 2019 | Environment, Health and Safety, HR, IT and Communications, Safety and Security, Shipmanagement | Read More

Prohibition of Open-Loop Scrubber systems in all ports and Emission Control Areas (ECAs) of PRC

Prohibition of Open-Loop Scrubber systems in all ports and Emission Control Areas (ECAs) of PRC
PROHIBITION OF OPEN-LOOP SCRUBBER SYSTEMS IN ALL PORTS AND EMISSION CONTROL AREAS (ECAs) OF THE PEOPLE’S REPUBLIC OF CHINA (PRC)   As of January 1, 2019, the use of open-loop scrubbers in the ECAs of the PRC has been banned. These ECAs cover most of the PRC’s coastline and inland waterways.   The...
January 8th, 2019 | Emissions, Environment, P and I Clubs, Pollution | Read More

Care for hospitalised seafarers still a challenge says seafarers’ charity

Care for hospitalised seafarers still a challenge says seafarers’ charity
… At the beginning of 2019, global seafarers’ charity, Stella Maris (Apostleship of the Sea) says that supporting seafarers in hospital remains a vital part of its work during one of the most stressful times a seafarer can face. At the end of 2018 the charity had been supporting seafarers in...
January 8th, 2019 | Associations, Charity, Health and Safety, 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

Hot Port news from GAC

Hot Port news from GAC
07-Jan-2019 CREW RESCUED AFTER VESSEL SINKS Black Sea, Turkey Crew rescued after vessel sinks Monday, January 7, 2019, Black Sea, Turkey A research and rescue operation is underway after a distress signal was received from a Panama-flagged vessel reported to be sinking 77 sea miles off the Black Sea...
January 7th, 2019 | Marine Insurance, Maritime Accidents, Ports & Terminals, Salvage, Towage, Wreck Removals | Read More

North P&I Club’s Rune Dybedal appointed NSOCC chairman

North P&I Club’s Rune Dybedal appointed NSOCC chairman
Rune Dybedal, Chairman of the North Sea Operators’ Claims Conference (NOSCC) January 7, 2018 – North P&I Club’s Rune Dybedal has been appointed Chairman of the North Sea Operators’ Claims Conference (NSOCC). Dybedal will use his Chairmanship to continue to develop the NSOCC as...
January 7th, 2019 | Company Profiles, News, P and I Clubs, Person Profiles | Read More

IMCA safety statistics – a new look for the new year

IMCA safety statistics – a new look for the new year
Nick Hough, IMCA’s Technical Adviser, responsible for IMCA’s Health, Safety, Security & Environment Committer IMCA contractor members to take part in annual safety survey The International Marine Contractors Association (IMCA) is introducing a new web-based method for collecting safety...
January 7th, 2019 | Associations, News, Safety and Security | Read More

Markets in despair but hope and success is there only for the adventurous risk-takers…

Markets in despair but hope and success is there only for the adventurous risk-takers…
John Faraclas The BDI (Baltic Dry Index) fall was very much contained, thanks once again to the volatile Capes. The New Year as we believe might begin when the Far East and mainly Japan begin to kick-off. Geopolitics as ever messy. John Faraclas’  daily and …Festive Season’s recaps: The...
January 4th, 2019 | Bribery and Corruption, Chartering, Emissions, Energy, Environment, Insight, Markets, Military, News, Pollution, Reports, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
04-Jan-2019 FIRE ONBOARD CARGO VESSEL Istanbul, Turkey LAUNCH OF “ESEAGO” MOBILE APPLICATION Hong Kong CHANNEL CLOSED AFTER GROUNDING New Orleans, United States Fire onboard cargo vessel Friday, January 4, 2019, Istanbul, Turkey A fire-fighting operation is underway after a fire was reported onboard...
January 4th, 2019 | Canals, Groundings, Inland Waterways, IT and Communications, Maritime Accidents, Port Conditions, Ports & Terminals, Technology | Read More

HRAS News: Migrants crossing The English Channel & Port Strategies

HRAS News: Migrants crossing The English Channel & Port Strategies
… COMMENT 28 December 2018 London.UK.  The recent increase in migrant crossings from France to England across one of the world’s busiest shipping lanes, has prompted calls within the UK to increase sea patrols and prevent crossings. Nonetheless, the issue should not be unexpected for UK Border...
December 31st, 2018 | Charity, Health and Safety, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
24-Dec-2018 EXERCISING SAFETY AND VIGILANCE DURING FESTIVE SEASONS Singapore REMOVAL OF WRECK Hong Kong GEOPHYSICAL SURVEY AT PING CHAU Hong Kong PORT OPENED AFTER TSUNAMI Merak, Indonesia Exercising safety and vigilance during festive seasons Monday, December 24, 2018, Singapore The Maritime and Port...
December 24th, 2018 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Top 10 Bermuda market highlights 2018

Top 10 Bermuda market highlights 2018
Innovation The Bermuda market differentiated itself more than ever through pioneering legislation and aggressive business development this year. The proactive trailblazing boosted our competitive advantage and laid the foundation for a new industry, fintech, earning monikers like “Innovation...
December 21st, 2018 | Associations, Banking, Events, Conferences,Forums and Symposiums, Finance, Insurance and Reinsurance, Marine Insurance, Reports | Read More

IMCA launches code of conduct for members

IMCA launches code of conduct for members
Allen Leatt, CEO, IMCA New Code of Conduct Fully in line with 2018 ethics programme The International Marine Contractors Association (IMCA) has developed a new Code of Conduct for its Members. This represents the final stage of a three stage programme launched this year, comprising: A Code of...
December 21st, 2018 | Associations, Bribery and Corruption, Regulatory | Read More

American Club sails on steadily without need of premium rises

American Club sails on steadily without need of premium rises
Joe Hughes opens the Trinity House presentation. Steady as she goes – this was the main message from Joe Hughes, chairman and chief executive for Shipowners Claims Bureau, managers for the American P&I Club when he delivered the annual progress report on the club and the fixed premium facility...
December 20th, 2018 | Events, P and I Clubs | Read More

Hot Port News from GAC

Hot Port News from GAC
19-Dec-2018 ACCEPTANCE OF VESSELS Paradip, India CARGO VESSEL GROUNDED AT NORTHERN ENTRANCE Bosphorus, Turkey Acceptance of vessels Wednesday, December 19, 2018, Paradip, India Vessels will be allowed into Paradip Port Limits only after the vessel’s profile (VESPRO) is approved through the Port Community...
December 19th, 2018 | Canals, Groundings, Inland Waterways, Port Conditions, Ports & Terminals | Read More

HFW: Insurance Bulletin – December 2018

HFW: Insurance Bulletin – December 2018
Costas Frangeskides, Partner, Holman Fenwick Willan LLP In this issue: Regulation and legislation; Court cases and arbitration; HFW publications and events 1. Regulation and Legislation UK: The FCA’s Brexit Impact Assessment UK: Covered Agreement announced between the UK and the US EU: EIOPA consults...
December 19th, 2018 | Communication, Insurance and Reinsurance, Marine Insurance, News | Read More

North P&I and Apostleship of the Sea spread Christmas cheer to seafarers

North P&I and Apostleship of the Sea spread Christmas cheer to seafarers
Paul Atkinson with seafarers from the general cargo ship Arklow Meadow with some of the shoeboxes. For the second year running, marine mutual liability insurer North P&I Club and seafarers’ charity Apostleship of the Sea (AoS) have teamed-up to spread some Christmas cheer to seafarers. On Thursday,...
December 19th, 2018 | Charity, P and I Clubs | Read More

Outcome of IACS Council 78

Outcome of IACS Council 78
Jeong-kie Lee, IACS COUNCIL FOCUSES ON CHALLENGES OF CYBER SAFETY AND GHG EMISSIONS WHILE FURTHER STRENGTHENING QUALITY OPERATIONS The IACS Council held its 78th session (C78) in London last week where Cyber Safety, Quality and the Environment featured prominently in discussions.  Coming immediately...
December 17th, 2018 | Associations, Classification Societies, Environment, Events, Conferences,Forums and Symposiums, IACS, Safety and Security | Read More

ITIC puts members on alert after uncovering fraudulent diversion of cash

ITIC puts members on alert after uncovering fraudulent diversion of cash
International Transport Intermediaries Club (ITIC) has warned its members to perform proper bank account checks when transferring funds to principals and intermediaries. The warning comes following the fraudulent diversion of a significant sum of cash transmitted in good faith by ship agents to the master...
December 17th, 2018 | Corruption, Maritime Fraud, P and I Clubs | Read More