Archive for the ‘Marine Insurance’ Category

HFW Insurance Bulletin 9 June 2017

HFW Insurance Bulletin 9 June 2017
Rebecca Huggins In this week’s Bulletin: 1. Regulation and legislation Europe: Proposal to merge European insurance and banking supervisory authorities causes controversy Europe/UK: Don’t expect concessions – EU insurance policy mirrors tough political stance on Brexit 2. Court cases...
June 9th, 2017 | Insurance and Reinsurance, Legal, Marine Insurance | Read More

Hot Port News from GAC

Hot Port News from GAC
08-Jun-2017 PORT CLEARANCE AT KHASAB, OMAN, FOR VESSELS IN DIFFICULTY Khasab, Oman Port clearance at Khasab, Oman, for vessels in difficulty Thursday, June 8, 2017, Khasab, Oman The Port of Khasab, northern Oman, has agreed to issue port clearance to vessels having difficulties...
June 8th, 2017 | Port Conditions, Ports & Terminals, Sanctions | Read More

CIC on MLC,2006 has achieved its goal of creating more awareness

CIC on MLC,2006 has achieved its goal of creating more awareness
Richard Schiferli Port State Control Officers in the Paris MoU region have performed a Concentrated Inspection Campaign (CIC) on Maritime Labour Convention (MLC), 2006 in the period from 1 September to 30 November 2016. The aim of the CIC was to verify that the minimum standards for working and living...
June 8th, 2017 | Associations, Health and Safety, HR, Manning - Seafarers and Offshore, Maritime Education and Training, Safety and Security | Read More

Hot Port News from GAC

Hot Port News from GAC
07-Jun-2017 DREDGING WORKS AT NORTH-WESTERN CORNER OF KWAI TSING CONTAINER BASIN Hong Kong ROCK EXCAVATION AND DREDGING WORKS IN KWAI TSING CONTAINER BASIN Hong Kong UPDATE: PORT ENTRY RESTRICTIONS – ABU DHABI Petroleum Ports, Abu Dhabi PORTS RESTRICTIONS – SAUDI ARABIA Saudi...
June 7th, 2017 | Port Conditions, Ports & Terminals, Sanctions | Read More

A ‘youthful’ Association of Average Adjusters celebrates its 148th anniversary at 2017 annual dinner

A ‘youthful’ Association of Average Adjusters celebrates its 148th anniversary at 2017 annual dinner
Partial view of Association event at Savoy Hotel. New generations are upholding the finest traditions of expert service to the global marine insurance market, speakers at the 2017 annual dinner of the Association of Average Adjusters declared. They praised the Association for nurturing an education programme...
June 7th, 2017 | Anniversaries, Associations, Events, Insurance and Reinsurance, Marine Insurance, News | Read More

Hot Port News from GAC

Hot Port News from GAC
06-Jun-2017 PORT ENTRY RESTRICTIONS – ABU DHABI Petroleum Ports, Abu Dhabi Port entry restrictions – Abu Dhabi Tuesday, June 6, 2017, Petroleum Ports, Abu Dhabi Das Port Authority has confirmed that all vessels flying the Flag of Qatar, and all vessels, arriving from...
June 6th, 2017 | Piracy and Terrorism, Port Conditions, Ports & Terminals, Sanctions | Read More

DA-Desk Announces Collaboration with CDI

DA-Desk Announces Collaboration with CDI
Howard Snaith DA-Desk Announces Collaboration with the Chemical Distribution Institute (CDI) to Increase Transparency in the Maritime Industry June 6, 2017 (London, UK | Dubai, UAE) – DA-Desk FZ-LLC, the largest independent provider of port cost management services, and the Chemical Distribution Institute...
June 6th, 2017 | Regulatory, Safety and Security, Ship Agencies | Read More

Shipowners’ Club: Yacht manning levels – FAQs

Shipowners’ Club: Yacht manning levels – FAQs
The Club is often approached by yacht owners and operators for advice on manning levels. This article answers some of the most frequently asked questions to assist Members with their specific operations. How are minimum safe manning levels established? Assessment criteria will vary between Flag States...
June 6th, 2017 | HR, Manning - Seafarers and Offshore, P and I Clubs, Yachting | Read More

Dry and Wet Markets in Red; geopolitics more than explosive

Dry and Wet Markets in Red; geopolitics more than explosive
John Faraclas The week begins with the BDI  (Baltic Dry Index) falling further – although a bit contained at 821 points, that’s minus nine points since last Friday’s report; the Geopolitical situation is more than explosive and Islamist Terrorism tries to disrupt our lives in London and elsewhere...
June 5th, 2017 | Chartering, Conferences, Seminars, Forums, Cruise Industry, Dry Bulkcarriers, Events, Groundings, Health and Safety, Maritime Accidents, Markets, News, Piracy and Terrorism, Reports, Ro-Ro and Passenger Ferries, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Hot Port News from GAC

Hot Port News from GAC
05-Jun-2017 PORT ENTRY RESTRICTIONS Bahrain PORT ENTRY RESTRICTIONS – FUJAIRAH Fujairah, United Arab Emirates SHIP TO SHIP OPERATIONS SUSPENDED AT ANCHORAGE Salalah, Oman REMOVAL OF GOVERNMENT MOORING BUOY A29 OFF CAUSEWAY BAY TYPHOON SHELTER Hong Kong SUBMARINE OUTFALL INSPECTION...
June 5th, 2017 | Corruption, Earthquakes, Tsunamis, Cyclones and Typhoons, Politics and Government, Ports & Terminals, Sanctions | Read More

London is alive and kicking; no fear!

London is alive and kicking; no fear!
The despicable atrocities by an organised group of Islamist terrorist cowards late last night here in London (22:08 BST), in one of Father Thames’ London bridges, the often crowded London Bridge and its adjacent popular area including the Borough Market, will NOT stop life going on, despite what these...
June 4th, 2017 | Corruption, Health and Safety, HR, Military, News, Piracy and Terrorism, Politics and Government, Religion, Safety and Security, Tourism | Read More

The BDI@830, geopolitics and climate change: …all your swans are geese

The BDI@830, geopolitics and climate change: …all your swans are geese
John Faraclas Now then, how does it feels financially for the investors as they see the BDI (Baltic Dry Index) standing at 830 points– minus 20 since yesterday and 62 since last Friday the 26th of May? John Faraclas’ daily and weekly recap: The Capers lost 56 points and the BCI 2014 stands at...
June 2nd, 2017 | Academia, Airline Industry, Anniversaries, Associations, Conferences, Seminars, Forums, Corruption, Environment, Events, Markets, WISTA - Women in Shipping | Read More

Hughes bullish on Club’s future, and that of the International Group

Hughes bullish on Club’s future, and that of the International Group
Joe Hughes NEW YORK MARITIME INC. HOSTS ANNUAL MEETING OF MEMBERS. AMERICAN CLUB’S JOE HUGHES DELIVERS KEYNOTE ADDRESS CELEBRATING CLUB’S CENTURY OF SERVICE TO THE GLOBAL SHIPPING COMMUNITY, EXEMPLIFYING NEW YORK’S OUTREACH TO THE WORLD. HUGHES BULLISH ON CLUB’S FUTURE, AND THAT OF THE INTERNATIONAL...
June 1st, 2017 | Associations, Events, Marine Insurance, News, P and I Clubs | Read More

American Salvage Association Upholds Value of Response Providers Salvage and Marine Firefighting Services Under Commercial Attack

American Salvage Association Upholds Value of Response Providers Salvage and Marine Firefighting Services Under Commercial Attack
Todd Schauer June 1, 2017- Washington, DC   In a recent statement at a Congressional hearing, American Salvage Association (ASA) President, Todd Schauer, was required to defend the response capabilities of the industry, and, by extension, the implementation of regulations themselves by the United States...
June 1st, 2017 | Associations, Events, Conferences,Forums and Symposiums, Politics and Government, Salvage, Towage, Wreck Removals | Read More

Anatomy of an Accident from the Swedish Club dissects major casualty response

Anatomy of an Accident from the Swedish Club dissects major casualty response
Anatomy of an Accident, a new publication from The Swedish Club, provides a unique insight into the huge coordinated exercise that surrounds a serious vessel casualty. Illustrating just how easily an incident can escalate; the guide explores the various parties and processes involved in dealing with...
May 31st, 2017 | Maritime Accidents, Maritime Education and Training | Read More

Exams triumph results in four new Fellows of Association of Average Adjusters

Exams triumph results in four new Fellows of Association of Average Adjusters
Keith Martin (centre), chairman 2016-17 of Association of Average Adjusters, congratulates new Fellows Andrew Slade, Heather Robinson, Robert Tomlinson and Stelios Magkanaris Four marine claims experts have achieved one of the sector’s highest accolades in qualifying as Fellows of the Association of...
May 31st, 2017 | Academia, HR, Marine Insurance, Maritime Education and Training, News | Read More

ITIC reimburses surveyor accused of negligence leading to ferry damage

ITIC reimburses surveyor accused of negligence leading to ferry damage
International Transport Intermediaries Club (ITIC) has reimbursed a marine surveyor accused of negligence by the owner of a ferry which sustained significant machinery damage while being towed to a shipyard. The ferry, which operated in North American waters, was due to be towed to a shipyard to undergo...
May 31st, 2017 | Marine Insurance, Maritime Accidents, P and I Clubs, Safety and Security | Read More

The “Ocean Victory”: clarification for charterers and those insuring their liabilities

The “Ocean Victory”: clarification for charterers and those insuring their liabilities
Gard Marine and Energy Limited (appellant) v China National Chartering Company Limited (respondents) and others [10.05.17] 26 May 2017 Andrew Purssell, Michael Biltoo Supreme Court decides in favour of the ship owner in a landmark case arising from the loss of a Capesize bulk carrier, The “Ocean...
May 30th, 2017 | Claims, Health and Safety, Legal, Maritime Accidents, Safety and Security | Read More

Inmarsat offers risk assessment for cyber security industry working group

Inmarsat offers risk assessment for cyber security industry working group
30 May, 2017: Inmarsat (LSE: ISAT.L) is giving its full backing to a new joint working group formed by the International Association of Classification Societies (IACS) to develop a coordinated position on cybercrime and its prevention.  The maritime industry’s leading satellite service provider said...
May 30th, 2017 | Classification Societies, IT and Communications, Safety and Security | Read More

Nor-Shipping 2017: VIKING has the power to simplify safety

Nor-Shipping 2017: VIKING has the power to simplify safety
VIKING Life-Saving Equipment Senior Vice President, Benny Carlsen This year’s edition of Nor-Shipping will see VIKING showcase its ability to optimize and simplify safety for shipowners and seafarers alike. Presenting the latest evolution of its successful Shipowner Agreement concept, along with brand...
May 29th, 2017 | Events, Conferences,Forums and Symposiums, Exhibitions, Health and Safety, Marine Equipment Products and Services, Safety and Security, Technical, Technology | Read More

The Paris MOU marks its 35th Anniversary by holding its 50th meeting in Gdansk, Poland

The Paris MOU marks its 35th Anniversary by holding its 50th meeting in Gdansk, Poland
The Paris MoU Committee in Gdansk Poland. The Paris Memorandum of Understanding on Port State Control (Paris MoU) held its 50th Committee meeting in Gdansk, Poland, from the 22nd to the 26th May 2017, this special meeting was chaired by Mr. Brian Hogan. During the meeting, member States also commemorated...
May 29th, 2017 | Anniversaries, Health and Safety, Regulatory, Safety and Security, Shipmanagement | Read More

Contained losses with the BDI@912; be alerted on Geopolitics and Terrorism…

Contained losses with the BDI@912; be alerted on Geopolitics and Terrorism…
John Faraclas The BDI (Baltic Dry index) lost six points given that there was a contained loss for both the Capers and Panamaxes; geopolitics are worsening and Terrorism of ANY kind must be curbed. John Faraclas’ daily and weekly report: The BDI was also down  44 points since last week’s closing...
May 26th, 2017 | Bribery and Corruption, Chartering, Climate, Container shipping, Dry Bulkcarriers, Emissions, Environment, European Union, Events, Health and Safety, Liner Shipping and Trade, Marine Insurance, Maritime Tourism, Markets, Military, News, Oceanology, Oil Industry, People and Places, Piracy and Terrorism, Politics and Government, Pollution, Ports & Terminals, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce, UN | Read More

HFW Insurance Bulletin 26 May 2017

HFW Insurance Bulletin 26 May 2017
In this week’s Bulletin: 1. Regulation and legislation EU: Expiry of the Insurance Block Exemption Regulation 2. Court cases and arbitration England & Wales: Gard Marine v China National:...
May 26th, 2017 | Communication, Insurance and Reinsurance, Legal, Marine Insurance | Read More

Hot Port News from GAC

Hot Port News from GAC
25-May-2017 PORT WORKING HOURS DURING RAMADAN Yanbu, Saudi Arabia TYPHOON SEASON Hong Kong RAMADAN PORT WORKING HOURS Abu Dhabi, United Arab Emirates MARINE WORKS AT OIL TERMINAL, CHAI WAN Hong Kong UNDERWATER INSPECTION WORKS AND SUBMARINE CABLE LAYING OPERATIONS Hong Kong RAMADAN...
May 25th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Ports & Terminals, Religion | Read More

DNV GL salvage support for the “Modern Express”

DNV GL salvage support for the “Modern Express”
When maritime incidents occur and the DNV GL Emergency Response Service (ERS) is called in, every minute counts, and close cooperation with salvage services is essential for a good outcome. One notable case was “Modern Express”. by Mick Potterton, Head of Section Emergency Response Service Last...
May 25th, 2017 | Maritime Accidents, Safety and Security, Salvage, Towage, Wreck Removals | Read More