Archive for the ‘Marine Insurance’ Category

Multraship / Novatug scoop KVNR award for CARROUSEL RAVE TUG

Multraship / Novatug scoop KVNR award for CARROUSEL RAVE TUG
From the awards ceremony Leading towage and salvage specialist Multraship and its innovation arm, Novatug, have won the prestigious Maritime KVNR Shipping Award 2018 for their ground-breaking Carrousel RAVE TUG (CRT) design. The award was presented to Leendert Muller, managing director of Multraship,...
November 13th, 2018 | Awards, Marine Equipment Products and Services, Salvage, Towage, Wreck Removals, Shipbuilding and Shipyards, Technical, Technology | Read More

IMCA launches Ethics and Compliance Programme

IMCA launches Ethics and Compliance Programme
Allen Leatt Doing Business Without Bribery – a free online ABC training program for its Members IMCA is developing an ethics programme to support its membership comprising three phases: A Code of Practice for the Secretariat which was put in place earlier this year. An Anti-Bribery and Corruption (ABC) eLearning module...
November 12th, 2018 | Associations, Bribery and Corruption, Insight, Maritime Education and Training, News | Read More

IMRF and The Nautical Institute sign MOU

IMRF and The Nautical Institute sign MOU
Theresa Crossley CEO, IMRF and Capt. John Lloyd, CEO Nautical Institute The IMRF (International Maritime Rescue Federation) and The Nautical Institute have signed a memorandum of understanding (MOU) agreeing to work together on projects that support both organisations’ shared objective to improve...
November 12th, 2018 | Associations, Health and Safety, Safety and Security, The Nautical Institute | Read More

ClassNK and TÜV Rheinland sign partnership agreement for Cybersecurity Services

ClassNK and TÜV Rheinland sign partnership agreement for Cybersecurity Services
l to r: Tobias Schweinfurter, President and CEO, TÜV Rheinland Japan, Dr. Michael Fübi, Chairman, TÜV Rheinland and  Koichi Fujiwara, President & CEO, ClassNK Tokyo – Leading classification society ClassNK and TÜV Rheinland have concluded a worldwide partnership agreement for cybersecurity...
November 12th, 2018 | Classification Societies, IT and Communications, Marine Equipment Products and Services, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
09-Nov-2018 AROUND THE ISLAND YACHT RACE Hong Kong RECORD ANNUAL CARGO TONNAGE IN FISCAL YEAR 2018 Panama Canal, Panama SECURITY ZONE ESTABLISHED AROUND GROUNDED FRIGATE Bergen, Norway Around the Island Yacht Race Friday, November 9, 2018, Hong Kong A large-scale yacht race will take place around Hong...
November 9th, 2018 | Canals, Groundings, Marine Insurance, Maritime Accidents, Military, Port Conditions, Ports & Terminals, Safety and Security, Sailing, Sports, Yachting | Read More

InterManager urges crew to help identify enclosed space solutions

InterManager urges crew to help identify enclosed space solutions
Captain Kuba Szymanski InterManager, the international trade association for the shipmanagement sector, has launched a campaign to encourage seafarers to think about safety issues when working in enclosed spaces and to identify measures which they believe would reduce risks. Announcing the campaign during...
November 9th, 2018 | Associations, Events, Conferences,Forums and Symposiums, Health and Safety, Intermanager, Manning - Seafarers and Offshore, Maritime Education and Training, Safety and Security | Read More

The BDI@1,231 …medieval figures that hurt

The BDI@1,231 …medieval figures that hurt
John Faraclas The BDI (Baltic Dry Index) is now 1,016 points below the figure as of the end of December 2013 when it stood at 2,247 points. Geopolitics with all types of wars dangerously spreading; IBIA’s 2018 Convention finale more than a cause to celebrate! John Faraclas daily briefing: The BDI by...
November 8th, 2018 | Alternative Sources of Energy, Chartering, Comment, Conferences, Seminars, Forums, Corruption, Dry Bulkcarriers, EEZ, Emissions, Energy, Environment, Gas, Markets, News, Oil Industry, Pollution, Reports | Read More

Owner claims against manager for failure to update ballast water management plan

Owner claims against manager for failure to update ballast water management plan
FAILURE to keep a proper onboard record of regulatory and legislative changes can have costly consequences for shipowners and their intermediaries, as evidenced by a claim recently handled by International Transport Intermediaries Club (ITIC). The crew of a ship which frequently traded to US ports found...
November 7th, 2018 | Marine Insurance, P and I Clubs | Read More

Capes “sink” the BDI at 1,395…

Capes “sink” the BDI at 1,395…
John Faraclas The BDI (Baltic Dry Index) lost 33 points earlier on today and now stands at 1,395; Geopolitics still messy and IBIA’s Annual Convention makes waves. John Faraclas’ daily briefing: The  volatile Capes’ BCI three-digit loss of 101 points bringing down this index at 2,296 points was...
November 6th, 2018 | Associations, Bunkering, Chartering, Classification Societies, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Events, Conferences,Forums and Symposiums, Insight, Legal, Marine Equipment Products and Services, Maritime Fraud, Maritime Fraud, Maritime Tourism, Markets, Oil Industry, Piracy and Terrorism, Politics and Government, Regulatory, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Technology, Tourism | Read More

The American Club’s Loss Prevention materials LUB’S and Services: A status Update

The American Club’s Loss Prevention materials LUB’S and Services: A status Update
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club NOVEMBER 5, 2018, CIRCULAR NO. 40/18, TO MEMBERS OF THE ASSOCIATION THE AMERICAN CLUB’S LOSS PREVENTION MATERIALS AND SERVICES: A STATUS UPDATE The American Club and its Managers are committed...
November 5th, 2018 | Associations, Marine Insurance, P and I Clubs, Safety and Security | Read More

The BDI@1,457: a contained fall amid Geopolitical chaos… or what?

The BDI@1,457: a contained fall amid Geopolitical chaos… or what?
John Faraclas The BDI (Baltic Dry Index) fell 13 points losing the 1,500-point base of last week when it stood at 1,519 points – down 62! Geopolitics are not only perplexed they are dubious and the outcome on many global issues remains totally uncertain and this in turn will affect shipping – in...
November 2nd, 2018 | Chartering, Dry Bulkcarriers, Health and Safety, Markets, News, Piracy and Terrorism, Ports & Terminals, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tourism, Trade and Commerce | Read More

Vote for your favourite finalist in the IMRF Awards now!

Vote for your favourite finalist in the IMRF Awards now!
Voting has opened for the IMRF’s People’s Choice Award, and the finalist attracting the most votes on facebook will be announced as the winner on Thursday 8 November. The finalists for the IMRF Awards 2018, are all exceptional individuals and organisations from around the world who go above...
November 2nd, 2018 | Associations, Awards, Charity, Environment, Health and Safety, HR, Pollution, Safety and Security | Read More

ICRMC Bermuda brings out the top cyber experts – Register Today!

ICRMC Bermuda brings out the top cyber experts – Register Today!
Plan your trip to Bermuda in December and join global cyber leaders from Deloitte, Aon, Willis Towers Watson, AXA XL, Moody’s, AIG and more Take your place among a set of world-class cyber leaders including CISOs from Silicon Valley and Wall Street, global cyber leaders from insurance and industry,...
November 1st, 2018 | Associations, Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Marine Insurance | Read More

ClassNK Releases “PrimeShip-GREEN/ProSTA ver.ITTC”

ClassNK Releases “PrimeShip-GREEN/ProSTA ver.ITTC”
Tokyo – Leading classification society ClassNK released “PrimeShip-GREEN/ProSTA ver.ITTC” on 1st November 2018. It is the world’s first software that calculates and analyzes a ship’s speed for Energy Efficiency Design Index (EEDI) calculation in compliance with the latest International Towing...
November 1st, 2018 | Classification Societies, IT and Communications, Marine Equipment Products and Services, Salvage, Towage, Wreck Removals | Read More

Red sky at Night …err Red Markets in October… keeps you wonder!

Red sky at Night …err Red Markets in October… keeps you wonder!
John Faraclas The BDI fell below the 1,500 threshold earlier on today and now reads 1,490 – that’s minus 23 points, 23 important and otherwise valuable points. Geopolitics still messy, enigmatic and above all perplexed… John Faraclas’ daily briefing: The Capes’ BCI lost 34 points and now stands...
October 31st, 2018 | Associations, Conferences, Seminars, Forums, Energy, Environment, Events, Health and Safety, Marinas, Markets, Medical, Piracy and Terrorism, Politics and Government, Safety and Security, Sailing, Sports, Tourism, Yachting | Read More

Hot Port News from GAC

Hot Port News from GAC
31-Oct-2018 YACHT RACE FROM HONG KONG TO DAYA BAY Hong Kong RECORD-LOW HIJACKINGS YET DANGER PERSISTS IN GULF OF GUINEA: IMB GLOBAL PIRACY REPORT Worldwide Yacht race from Hong Kong to Daya Bay Wednesday, October 31, 2018, Hong Kong A yacht race from Hong Kong to Daya Bay in the Mainland will take place...
October 31st, 2018 | Piracy and Terrorism, Safety and Security, Sailing, Sports, Yachting | Read More

IMCA publishes new guidance on divers’ Health, Fitness & Medical issues

IMCA publishes new guidance on divers’ Health, Fitness & Medical issues
Bryan McGlinchy Diver health (medical fitness) and physical fitness issues need to be managed more effectively The International Marine Contractors Association’s (IMCA) newly published ‘Guidance on Health, Fitness and Medical Issues in Diving Operations’ (IMCA D 061) has been prepared in response...
October 31st, 2018 | Associations, Health and Safety, HR | Read More

Capital Ship Management Corp. receives Amver Awards by the U.S. Coast Guard

Capital Ship Management Corp. receives Amver Awards by the U.S. Coast Guard
.. Athens, Greece, October 30, 2018. Capital Ship Management Corp received Amver Awards by the U.S. Coast Guard for the vessels M/V ‘Agamemnon’, M/T ‘Aiolos’ (ex ‘British Emissary’) and M/T ‘Aktoras ’ (ex ‘British Envoy’). Mr. Benjamin M. Strong, Director, Amver Maritime...
October 30th, 2018 | Associations, Awards, Events, Health and Safety, Safety and Security | Read More

ESPO Award 2018: Port of Tallinn

ESPO Award 2018: Port of Tallinn
(c) Port of Tallinn 30 October 2018 – The ESPO Award 2018 will go to the port authority that creates a good workplace environment for its current and future employees and demonstrates its investment in a diverse and inclusive environment, facilitating mutual respect, non-discrimination and personal...
October 30th, 2018 | Awards, Health and Safety, Ports & Terminals | Read More

IMCA launches eCMID 11 and eMISW 4 QUESTION SETS

IMCA launches eCMID 11 and eMISW 4 QUESTION SETS
Mark Ford Updated eCMID question sets include cyber security, Maritime Labour Convention and vessel reactivation IMCA M 167 rewritten as single reference point on inspection process and report use The International Marine Contractors Association (IMCA) has launched an updated suite of question...
October 30th, 2018 | Associations, Health and Safety, IT and Communications, Safety and Security, Technical, Technology | Read More

Ukraine’s thorny IMF relationship, Roundtable with Donald Kohn

Ukraine’s thorny IMF relationship, Roundtable with Donald Kohn
Commentary: Ukraine’s thorny IMF relationship By Mark Sobel in Washington The IMF’s relationship with Ukraine has always been among its most high profile and difficult interactions. The US and Europe have consistently encouraged the IMF to remain engaged in Ukraine, viewing this as a means...
October 30th, 2018 | Banking, Civil Unrest, Events, Conferences,Forums and Symposiums, Finance | Read More

Record‐low hijackings yet danger persists in Gulf of Guinea, shows latest global piracy report

Record‐low hijackings yet danger persists in Gulf of Guinea, shows latest global piracy report
Captain P. Mukundan A total of 156 incidents of piracy and armed robbery against ships were reported to the ICC International Maritime Bureau’s (IMB) Piracy Reporting Centre (PRC) in the first nine months of 2018 compared to 121 for the same period in 2017. The 2018 figure is broken down as 107 vessels...
October 29th, 2018 | Bribery and Corruption, Claims, Corruption, Headlines, Health and Safety, HR, Insight, Marine Insurance, Maritime Accidents, Maritime Fraud, Military, News, Piracy and Terrorism, Ports & Terminals, Safety and Security, Seizures | Read More

Injured workers should retain fair access to legal representation

Injured workers should retain fair access to legal representation
David Parr, Policy and Technical Services Director, British Safety Council British Safety Council supports the Usdaw campaign for the retention of fair access to legal representation for injured workers The British Safety Council, a charity and corporate membership organisation which for over 60 years...
October 25th, 2018 | Health and Safety, Legal | Read More

DNV GL – ERS: Managing emergencies, preventing disasters

DNV GL – ERS: Managing emergencies, preventing disasters
.. Emergency response services, or ERS, are on hand to help owners minimize risk in the first, critical hours after an incident. But sometimes, as MSC found out after an incident involving one of their vessels, the benefits of working with real ERS experts can extend long after the emergency has passed. In...
October 24th, 2018 | Classification Societies, Health and Safety, Insight, Maritime Accidents, Safety and Security | Read More

Drugs and Alcohol at Sea

Drugs and Alcohol at Sea
… The Club is pleased to provide Members with a new edition of our Drugs and Alcohol at Sea booklet. The revised guidance aims to provide the most up to date advice, assisting with the prevention of related incidents as well as encouraging healthy lifestyle choices and the positive wellbeing...
October 23rd, 2018 | Associations, Food and Drink, Health and Safety, Reports | Read More