Archive for the ‘Marine Insurance’ Category

Falling Dry Market; Wet “re-surfacing”… and Geopolitical Blues…

Falling Dry Market; Wet “re-surfacing”… and Geopolitical Blues…
John Faraclas The BDI (Baltic Dry Index) despite a short lived “rebound” fell six points since last Friday and now reads 1,203. The Wets due to the Geopolitical and Natural disaster events are on the rise. Geopolitics might take a sour turn… John Faraclas daily recap: After a long weekend coupled...
August 29th, 2017 | Dry Bulkcarriers, Earthquakes, Tsunamis, Cyclones and Typhoons, Insight, Markets, News, Reports, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Hot Port news from GAC

Hot Port news from GAC
  29-Aug-2017 SUBMARINE OUTFALL INSPECTION WORKS OFF SHA TAU KOK Hong Kong REPAIR WORKS FOR NORTH POINT VEHICULAR FERRY PIER Hong Kong PORT CONDITION ZULU SET Beaumont/Port Arthur/Orange /Lake Charles, United States TROPICAL STORM HARVEY UPDATE (29 AUGUST) Corpus Christi, United States Submarine...
August 29th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Inland Waterways, Port Conditions, Ports & Terminals, Weather | Read More

North P&I Club welcomes Airbus to CSO Alliance

North P&I Club welcomes Airbus to CSO Alliance
Colin Gillespie August 29, 2017 – North P&I Club has welcomed Airbus to the CSO Alliance, the industry-leading partnership of company security officers (CSOs) established to counter maritime crime. Airbus, the largest aerospace company in Europe and a world-leading manufacturer, has partnered...
August 29th, 2017 | Bribery and Corruption, Corruption, Health and Safety, Maritime Fraud, P and I Clubs, Piracy and Terrorism, Safety and Security | Read More

Hot Port news from GAC

Hot Port news from GAC
  28-Aug-2017 DREDGING AT KWAI TSING CONTAINER TERMINAL 9 SOUTH Hong Kong LOCKS LANE OUTAGE AND THE TRANSIT RESERVATION SYSTEM Panama Canal, Panama MAXIMUM ALLOWABLE DRAFT FOR NEOPANAMAX LOCKS Panama Canal, Panama CLOSURE OF STRAIT FOR BRIDGE WORK Kerch Strait, Russia IMPACT OF HURRICANE...
August 28th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

Hot Port News from GAC

Hot Port News from GAC
  25-Aug-2017 DESIGNATED BUNKERING AREAS IN CANAL WATERS Panama Canal, Panama CANOE RACE Hong Kong VESSEL BOARDINGS SUSPENDED Houston, United States BOARDINGS SUSPENDED AT SB BUOY Beaumont/Port Arthur, United States PORT CONDITION ZULU SET AS HARVEY STRENGTHENS Houston, United States Designated...
August 25th, 2017 | Bunkering, Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Rowing, Sports, Weather | Read More

The BDI@1,200: tough…

The BDI@1,200: tough…
John Faraclas Some say it is a curse for the Capers and Panamaxes to dive following a week of “euphoria”; our interpretation is that you haven’t seen anything yet. John Faraclas’ daily briefing: The BDI (Baltic Dry Index) lost 22 points earlier on today and now stands at 1,200 points – 1-1,100...
August 24th, 2017 | Container shipping, Corruption, Markets, Shipping Indices, Statistics, Stock Markets | Read More

Hot Port News from GAC

Hot Port News from GAC
  24-Aug-2017 PORT CONDITION X-RAY SET Freeport, United States TROPICAL STORM HARVEY INTENSIFYING Texas Coast, United States Port Condition X-Ray set Thursday, August 24, 2017, Freeport, United States The Coast Guard Captain of the Port has set condition X-ray for Port Freeport,...
August 24th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

Making the world safer and healthier

Making the world safer and healthier
Mike Robinson, Chief Executive of British Safety Council Chief Executive of the British Safety Council and its Chairman designate will explore the nature of wellbeing at work and the practical management of workplace risks at the 21stWorld Congress on Safety & Health at Work in Singapore The 21st World...
August 23rd, 2017 | Associations, Health and Safety, HR, Manning - Seafarers and Offshore, Safety and Security | Read More

Crowley to deploy powerful tug Veteran in the Port of Los Angeles / Long Beach

Crowley to deploy powerful tug Veteran in the Port of Los Angeles / Long Beach
The “Veteran” Newly Upgraded Goliah Will Relocate to San Francisco  (SAN PEDRO, Calif.; Aug. 22, 2017) ­– Crowley Marine Services is deploying the tugboat Veteran in the Port of Los Angeles/Long Beach to provide enhanced docking safety for all vessels, including large petroleum...
August 22nd, 2017 | Port Conditions, Ports & Terminals, Salvage, Towage, Wreck Removals | Read More

The 2nd International Conference “Advanced Port Fleet – the Basis of Safety” at St. Petersburg

The 2nd International Conference “Advanced Port Fleet – the Basis of Safety” at St. Petersburg
… The 2nd International Conference “Advanced Port Fleet – the Basis of Safety” is meant to be a practical platform for discussions between shipbuilders, customers and contractors related to the fleet of icebreakers, tugboats and vessels providing bunkering and environmental services.   Leading...
August 22nd, 2017 | Conferences, Seminars, Forums, Ports & Terminals, Safety and Security, Salvage, Towage, Wreck Removals | Read More

First of ten Stan Tug 1907 ICE completed by Great Lakes Shipyard for The Great Lakes Towing Company

First of ten Stan Tug 1907 ICE completed by Great Lakes Shipyard for The Great Lakes Towing Company
…from the handover ceremony The first of ten Stan Tug 1907 ICE vessels has been delivered by Great Lakes Shipyard to its sister company The Great Lakes Towing Company, both based in Ohio, USA. Named Cleveland, she is a significant milestone in a licencing programme agreed between Damen Shipyards...
August 22nd, 2017 | Marine Equipment Products and Services, Ports & Terminals, Salvage, Towage, Wreck Removals, Shipbuilding and Shipyards, Technical, Technology | Read More

The Swedish Club Secures Further Solvency Strength

The Swedish Club Secures Further Solvency Strength
Cover The Swedish Club returned a solid performance in the first six months of the accounting year, following the release today of its half year results. Despite its decision to offer a discount of 4 % to all P&I members 2017/2018, the Club delivered an operating surplus of USD 19.0 million for the...
August 22nd, 2017 | P and I Clubs | Read More

The BDI on a slowing down mode amid Terrorism’s mess

The BDI on a slowing down mode amid Terrorism’s mess
John Faraclas The BDI managed to clinch just six points and now stands at 1,266; the Geopolitics with Terrorism on the rise “promise” to keep us busy and wondering. John Faraclas daily market briefing: The Capers’ BCI is definitely slowing down with only ten points plus since last Friday the 18th...
August 21st, 2017 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, European Union, Events, Exhibitions, HR, Maritime Accidents, Markets, Military, News, Piracy and Terrorism, Politics and Government, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Hot Port News from GAC

Hot Port News from GAC
  21-Aug-2017 ESTABLISHMENT OF SILT CURTAINS FOR PIPE PILE INSTALLATION Hong Kong COMMUNICATIONS OF COMMERCIAL SHIPS WITH COALITION FORCES Yemen COLLISION OF US GUIDED-MISSILE DESTROYER JOHN S MCCAIN AND TANKER ALNIC MC [UPDATE 1] Singapore Establishment of silt curtains for pipe...
August 21st, 2017 | Maritime Accidents, Port Conditions, Ports & Terminals | Read More

Hear from the Global Bauxite Working Group and Local P&I Correspondents

Hear from the Global Bauxite Working Group and Local P&I Correspondents
Be among the first to hear the Global Bauxite Working Group’s findings  At the IMO’s CCC4 Sub-Committee in September, the Global Bauxite Working Group will be presenting the findings of their hotly-anticipated report. These findings could have significant implications for the carriage, classification...
August 21st, 2017 | Academia, Conferences, Seminars, Forums, Health and Safety, P and I Clubs, Safety and Security | Read More

VANQUISH TM – The new non-invasive, non surgical procedure body contouring procedures

VANQUISH TM – The new non-invasive, non surgical procedure body contouring procedures
… VANQUISH – The new non-invasive, non surgical procedure body contouring procedures by Dr. Evelyn Stefanaki M.D. Dermatologist, Dermatology Microsurgeon, Clinical Fellow Royal Free Hospital Non-invasive body contouring treatment is an ever-expanding category in aesthetics. Today there is an...
August 21st, 2017 | Health and Safety, Insight, Medical, WISTA - Women in Shipping | Read More

HRAS News: Fishing, safety and the Human Element

HRAS News: Fishing, safety and the Human Element
… The recent Nautical Institute Seaways article (June 2017) in co-ordination with the New Zealand based FISH Safety Foundation has looked in detail at the growing need and trend to openly discuss the issues of safety in the global fishing industry, including the protection of basic human rights....
August 18th, 2017 | Charity, Fisheries, Health and Safety, HR, Safety and Security | Read More

North P&I Club appoints Dawn Robinson as global director of people

North P&I Club appoints Dawn Robinson as global director of people
Dawn Robinson – Global Director of people at North P&I 14 August 2017 – North P&I Club has appointed a new Global Director of People as part of a company-wide focus on driving forward leadership and development. Dawn Robinson has joined the global marine insurer following three...
August 14th, 2017 | Company Profiles, HR, News, P and I Clubs, Person Profiles | Read More

TK Foundation gives IMRF $450,000 to support African SAR development

TK Foundation gives IMRF $450,000 to support African SAR development
Bruce Reid  The International Maritime Rescue Federation (IMRF) has been awarded $450,000 USD by The TK Foundation to support its work building vital maritime search and rescue (SAR) capability in Africa. The funding will be spread over three years and will support the IMRF’s Global SAR Development...
August 14th, 2017 | Associations, Charity, Health and Safety, News, Safety and Security, Salvage, Towage, Wreck Removals | Read More

TT Club Provides Insurance Cover for Russian Forwarder among First to Use ‘Uber-style’ Business Model

TT Club Provides Insurance Cover for Russian Forwarder among First to Use ‘Uber-style’ Business Model
The Russian start-up freight forwarder, Deliver (www.deliver.ru) is an innovative online cargo transport operation that is among the first in the country to implement an ‘Uber-style’ mode of service.  Through its network Deliver aims to achieve greater convenience for its customers and efficiency...
August 14th, 2017 | Company Profiles, Logistics, P and I Clubs | Read More

European Commission reports on feasibility of a financial instrument

European Commission reports on feasibility of a financial instrument
… NGOs urge that it is necessary to hold the shipping industry accountable Brussels, 11 August 2017 – The European Commission released its report on the viability of a financial incentive for sustainable ship recycling under the EU Ship Recycling Regulation this week. Whilst it acknowledges...
August 11th, 2017 | Environment, Health and Safety, HR, Safety and Security, Ship Demolitions | Read More

HRAS: Year 4 Corporate Profile Document published

HRAS: Year 4 Corporate Profile Document published
“Over the past year Human Rights at Sea has successfully brought fundamental seafarers’ rights issues to the attention of a wider audience than ever before.  The detailed list of achievements from David Hammond and his small but very dedicated team is impressive by any standards, bringing home the...
August 11th, 2017 | Charity, Communication, Health and Safety, HR | Read More

The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty

The Pros and Cons of the BDI@1,092 amid Geopolitical uncertainty
John Faraclas The BDI (Baltic Dry Index) – thanks to the Capers and partly to the Panamaxes, managed to gain 42 points and now reads 1,092… The Geopolitical uncertainty which seems a bit extended, as well as alarming, due to the North Korean palaver, might produce a bit of everything…and affect...
August 10th, 2017 | Bribery and Corruption, Chartering, Containers, Dry Bulkcarriers, Liner Shipping and Trade, Markets, Military, News, Piracy and Terrorism, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

ICHCA community to discuss how to protect global cargo chain against physical and cyber attacks

ICHCA community to discuss how to protect global cargo chain against physical and cyber attacks
… ICHCA will use its 65th anniversary conference in October to tackle risks to the cyber and physical security of the global cargo chain 10.08.2017 – Following the Petya attack in June, one of the biggest cyber-attacks ever experienced in global shipping which crippled A.P. Moller-Maersk’s...
August 10th, 2017 | Associations, Events, Conferences,Forums and Symposiums, Safety and Security | Read More

S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional

S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional
Andrew Cutler S&P Global ratings affirms Britannia P&I’s ratings at ‘A’ (stable) while enhancing its liquidity rating to ‘exceptional S&P Global Ratings, the world’s leading independent credit ratings provider, has affirmed its ‘A’ long-term financial strength...
August 10th, 2017 | Company Profiles, News, P and I Clubs | Read More