Archive for the ‘Marine Insurance’ Category

Hill Dickinson LLP and The UK Chamber of Shipping hold Crime at Sea Seminar

Hill Dickinson LLP and The UK Chamber of Shipping hold Crime at Sea Seminar
Maria Pittordis The UK Chamber of Shipping in partnership with international law firm Hill Dickinson held a half-day Crime at Sea Seminar at Hill Dickinson LLP’s office at Broadgate Tower, London on the afternoon of 19th October.  This event discussed, amongst other things, how shipowners should...
October 24th, 2016 | Bribery and Corruption, Corruption, Events, Conferences,Forums and Symposiums, Maritime Fraud, Piracy and Terrorism, Safety and Security | Read More

New Asian hub for IUMI

New Asian hub for IUMI
IUMI President, Dieter Berg Today, in Hong Kong, the International Union of Marine Insurance (IUMI) announced the opening of a new overseas hub in Asia – this is the first time in the organisation’s 142 year history that it has established a permanent presence outside of Europe. Making the announcement...
October 24th, 2016 | Associations, Conferences, Seminars, Forums, Marine Insurance | Read More

Mega-trends that give hull underwriters headaches

Mega-trends that give hull underwriters headaches
Mark Edmondson. Mega-trends that give hull underwriters headaches By James Brewer How do hull and machinery underwriters feel about their challenging speciality? “Approach with caution, migraine in progress,” advises Mark Edmondson, chairman of the ocean hull committee of the International Union...
October 23rd, 2016 | Associations, Conferences, Seminars, Forums, Insurance and Reinsurance, Marine Insurance | Read More

Damen wins 13-tug order from Edison Chouest Offshore

Damen wins 13-tug order from Edison Chouest Offshore
Jan van Hogerwou To be built in the USA under Damen’s Technical Cooperation programme Leading marine transportation provider and the USA’s largest operator of OSVs, Edison Chouest Offshore (ECO), has teamed up with Damen to build a total of 13 heavy duty mooring assistance and escort tugs. These...
October 21st, 2016 | Marine Equipment Products and Services, Salvage, Towage, Wreck Removals, Shipbuilding and Shipyards, Technical, Technology | Read More

African States, the European Union and European shipowners endorse maritime security

African States, the European Union and European shipowners endorse maritime security
Patrick Verhoeven African Heads of State and Government met in Lomé, Togo, on 15 October for a high level summit on maritime security. As the outcome of the summit they agreed on the ‘Lomé Charter’ that should be a next step in ensuring maritime security in Africa. European shipowners strongly...
October 21st, 2016 | Associations, European Union, Maritime Education and Training, Organisations, Safety and Security | Read More

Maersk mantains beaching mantra and chooses to ignore facts revealed by Danwatch

Maersk mantains beaching mantra and chooses to ignore facts revealed by Danwatch
(© S Rahman) Brussels, 21 October 2016 – After investigative journalists have revealed the severe short-comings of Maersk’s shipbreaking practices in Alang, India, the shipping giant blatantly disregards the findings. In an official statement, Maersk defends its new practice of breaking ships...
October 21st, 2016 | Health and Safety, Safety and Security, Ship Demolitions | Read More

Crunch time for shipyards…

Crunch time for shipyards…
Stephen Gordon of Clarksons Research. Crunch time for shipyards, warns Clarksons Research director By James Brewer Ship ordering globally has slowed to a very weak pace, and pressures are building for further yard consolidation and capacity reductions.  This summary of the woes of builders struggling...
October 20th, 2016 | Conferences, Seminars, Forums, Marine Insurance, News, Shipbuilding and Shipyards | Read More

Hot Port News from GAC

Hot Port News from GAC
  20-Oct-2016 SEVERE TYPHOON HAIMA Hong Kong/China REPAIR WORKS FOR NORTH POINT VEHICULAR FERRY PIER Hong Kong Severe Typhoon Haima Thursday, October 20, 2016, Hong Kong/China Severe Typhoon Haima is forecast to cross the northern part of the South China Sea and move progressively...
October 20th, 2016 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

Cooperation Agreement between ECA and Vestdavit for Launch and Recovery System

Cooperation Agreement between ECA and Vestdavit for Launch and Recovery System
ECA and Vestdavit are proud to announce that, on the occasion of Euronaval, they have signed a cooperation agreement to develop the next generation of Launch and Recovery systems for Unmanned Maritime Systems.ECA logo 20102016 The use of Unmanned Maritime Systems (“UMS”), Remotely Operated Vehicles...
October 20th, 2016 | Health and Safety, Marine Equipment Products and Services, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Norsafe concerned at spate of LSA drill accidents

Norsafe concerned at spate of LSA drill accidents
Norsafe, global leader in lifeboat design, manufacture, and training, is concerned about recent spate of lifeboat drill accidents which have seriously injured or even led to fatalities among crew. A report in April 2016 by academics at the Seafarers International Research Centre found that tight vessel...
October 20th, 2016 | Drill ships, Energy, Health and Safety, Marine Equipment Products and Services, Maritime Accidents, Maritime Education and Training, Safety and Security, Shipbuilding and Shipyards | Read More

IUA calls for covered agreement…

IUA calls for covered agreement…
Dave Matcham IUA CALLS FOR COVERED AGREEMENT TO IMPROVE INTERNATIONAL REINSURANCE REGULATION  Improvements in the efficiency of reinsurance regulation are at risk of being undone if a covered agreement between Europe and the US is not reached, the International Underwriting Association (IUA) has warned. In...
October 20th, 2016 | Associations, Insurance and Reinsurance, IUA, Marine Insurance | Read More

RINA foresees big advance for 3D-printing in shipping and offshore

RINA foresees big advance for 3D-printing in shipping and offshore
Ugo Salerno begins his address. RINA foresees big advance for 3D-printing in shipping and offshore  By James Brewer Ugo Salerno, chairman and chief executive of classification society RINA, has strongly reiterated his organisation’s backing for additive manufacturing, or 3D printing as it is more...
October 18th, 2016 | Classification Societies, Conferences, Seminars, Forums, Marine Insurance | Read More

London Companies record £21.6bn premium income in 2015

London Companies record £21.6bn premium income in 2015
Dave Matcham IUA research identifies £7.3bn premium potentially impacted by Brexit Overall premium income for the London company market in 2015 was £21.645bn, a new report by the International Underwriting Association has revealed. Gross premium written in London totalled £15.150bn, while a further...
October 18th, 2016 | Insurance and Reinsurance, IUA, Marine Insurance, Reports | Read More

Hot Port News from GAC

Hot Port News from GAC
  17-Oct-2016 TROPICAL CYCLONE SARIKA Hong Kong NEW PASSENGER TERMINAL OPENED Murmansk, Russia PORTS CLOSED DUE TO STRONG WINDS Novorossiysk & Taman, Russia Tropical Cyclone Sarika Monday, October 17, 2016, Hong Kong At 2 p.m., Typhoon Sarika was estimated to be about...
October 17th, 2016 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

African and North Atlantic experts meet at IMRF SAR summit

African and North Atlantic experts meet at IMRF SAR summit
London, Monday, October 17. Representatives from the African SAR (search and rescue) Group were able to pick up ideas on how to create a model based on the Maritime Rescue Coordination Centres (RCC) of the North Atlantic Group when the two parties met. The meeting was facilitated by the International...
October 17th, 2016 | Associations, Events, Conferences,Forums and Symposiums, Health and Safety, HR, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Genoa reclaims role as birthplace of modern marine insurance

Genoa reclaims role as birthplace of modern marine insurance
Dieter Berg, Maria Bianca Farina and IUMI secretary general Lars Lange. Genoa reclaims role as birthplace of modern marine insurance By James Brewer The pioneering role of the medieval republic of Genoa in marine insurance was highlighted when underwriters gathered in the city state’s modern incarnation...
October 16th, 2016 | Conferences, Seminars, Forums, Events, Marine Insurance, Maritime History and Museums | Read More

Human Rights at Sea: Autumn 2016 Reporting

Human Rights at Sea: Autumn 2016 Reporting
David Hammond CEO, Human Rights at Sea   Newsletter no.8      Our Reporting: Autumn (Fall) 2016)     View this email in your browser     Read Time: 7 Minutes CEO’s Summary The Autumn (Fall) period has been dominated by the inaugural International...
October 16th, 2016 | Associations, Charity, Communication, Corporate Social Responsibility, Environment, Events, Conferences,Forums and Symposiums, Health and Safety, HR, Maritime Education and Training | Read More

Hot Port News from GAC

Hot Port News from GAC
  14-Oct-2016 LARGE SWELLS AS NICOLE HEADS BACK OVER ATLANTIC USA, Bermuda & Canada TRAFFIC SUSPENSION FOR YACHT, SAILING AND SWIMMING RACES Bosphorus, Turkey Large swells as Nicole heads back over Atlantic Friday, October 14, 2016, USA, Bermuda & Canada At 500am AST...
October 14th, 2016 | Canals, Earthquakes, Tsunamis, Cyclones and Typhoons, Inland Waterways, Port Conditions, Ports & Terminals, Sailing, Sports, Weather | Read More

3rd IMRF APRC Asia-Pacific SAR Regional Development Meeting

3rd IMRF APRC Asia-Pacific SAR Regional Development Meeting
  Bruce Reid   Dear SAR Colleagues, We are delighted to provide the Summary Report and copies of the presentations made at the 3rdIMRF APRC Regional Development Meeting held last month in Ningbo. I would like to thank the representatives from the 17 countries and 26 organisations, who...
October 14th, 2016 | Associations, Events, Conferences,Forums and Symposiums, Health and Safety, Maritime Accidents, Safety and Security, Salvage, Towage, Wreck Removals | Read More

New Marsh report: Switching From Paper to Electronic Bills of Lading

New Marsh report: Switching From Paper to Electronic Bills of Lading
Gordon Street London, 14 October, 2016 — Attached is Marsh’s latest report, “Switching From Paper to Electronic Bills of Lading”, which looks at bills of lading (BOL) fraud in the maritime and marine industries. The report covers: ·         How, as paper-based BOLs are replaced by...
October 14th, 2016 | Chartering, Claims, Corruption, Fixtures, IT and Communications, Maritime Fraud, Markets, P and I Clubs, Reports, Trade and Commerce | Read More

Hot Port News from GAC

Hot Port News from GAC
  13-Oct-2016 POWERFUL HURRICANE NICOLE SET TO STRIKE BERMUDA Bermuda Powerful Hurricane Nicole set to strike Bermuda Thursday, October 13, 2016, Bermuda At 200am AST (0600 UTC), the large eye of Hurricane Nicole was located near latitude 30.6 N, longitude 66.2 W. Nicole is moving...
October 13th, 2016 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

HFW Insurance Bulletin 13 Oct. 2016

HFW Insurance Bulletin 13 Oct. 2016
In this week’s Bulletin: 1. Regulation and legislation UK: Brexit – five priorities for insurers UK: PRA consultation on amendments to whistleblowing rules UK: Tax has to be taxing 2. HFW...
October 13th, 2016 | Insurance and Reinsurance, Marine Insurance | Read More

Crew Health: Protecting your skin on board

Crew Health: Protecting your skin on board
13 October 2016 – Did you know that skin is our largest and fastest growing organ? It has three crucial functions: Protection: The skin acts as a barrier from temperature variations, micro-organisms and chemicals. Regulation: The skin helps us to maintain an optimum body temperature through the...
October 13th, 2016 | Health and Safety, HR, Manning - Seafarers and Offshore, P and I Clubs | Read More

Investigative journalists catch Maersk red-handed in Alang

Investigative journalists catch Maersk red-handed in Alang
(© S Rahman) Brussels, 13 October 2016 – Investigative journalists from Danwatch today release their comprehensive report on the reality inside Shree Ram shipbreaking yard in Alang, India, where the Maersk Georgia and Maersk Wyoming are currently being dismantled. The in-depth investigations...
October 13th, 2016 | Associations, Health and Safety, Ship Demolitions | Read More

North P&I Club holds its annual seminar at The Yacht Club of Greece

North P&I Club holds its annual seminar at The Yacht Club of Greece
Helen Yacoumis of North (left); Vivi Kolliopoulou and Katerina Panagiotopoulou of Thenamaris Ship Management Inc; and Kostas Katsoulieris and Tony Allen of North at North’s Greek reception on 11 October 2016 Around 150 members and guests attended North’s annual seminar at the Yacht Club of Greece...
October 13th, 2016 | Associations, Conferences, Seminars, Forums, Events, P and I Clubs | Read More