Archive for the ‘Marine Insurance’ Category

Geopolitics and the shipping markets: stark warnings from John Faraclas at Propeller Club event

Geopolitics and the shipping markets: stark warnings from John Faraclas at Propeller Club event
Ken McLean, vice-president of the Port of London chapter of the New York-based Propeller Club and John Faraclas Geopolitics and the shipping market: stark warnings from John Faraclas at Propeller Club event by James Brewer Hidden currents – that is, hidden to the general public and even to some in...
March 7th, 2017 | Arctic Shipping, Canals, Clubs, Conferences, Seminars, Forums, Containers, Cruise Ferry, Dry Bulkcarriers, European Union, Events, Flags, Inland Waterways, Liner Shipping and Trade, Marine Insurance, Maritime Accidents, Maritime Tourism, Markets, Military, News, Organisations, People and Places, Piracy and Terrorism, Politics and Government, Salvage, Towage, Wreck Removals, Ship Demolitions, Shipping Centers, Shipping Indices, Tankers, Trade and Commerce | Read More

Maritime Arbitration: Russia, Singapore, Dubai, India or Hong Kong? Take your pick

Maritime Arbitration: Russia, Singapore, Dubai, India or Hong Kong? Take your pick
A very lively panel; on a l to r: Dr Roman Khodykin – Berwin Leighton Paisner, Christopher Style QC – LCIA Board member, The Hon. Sir Bernard Eder (chairman), Sherina Petit – Norton Rose Fulbright and Colin Wright – St Philips Stone Russia, Singapore, Dubai, India or Hong Kong?...
March 7th, 2017 | Arbiitration, Conferences, Seminars, Forums, Legal, London Shipping Law Centre | Read More

The Swedish Club Welcomes the World*

The Swedish Club Welcomes the World*
A group photo from the WMU visit at the Swedish Club’s HQs Members of the World Maritime University enjoyed a whistle stop tour of the marine insurance realm when they visited The Swedish Club’s headquarters in Gothenburg last week. Twenty students from countries around the world spent the day...
March 7th, 2017 | Events, Maritime Education and Training, P and I Clubs | Read More

More than 400 attend 30th anniversary service marking the Herald of Free Enterprise disaster

More than 400 attend 30th anniversary service marking the Herald of Free Enterprise disaster
Grieving families affected by the Herald of Free Enterprise disaster gathered to mark the 30th anniversary memorial service in Dover on March 6. The Herald capsized in just 90 seconds after setting sail from Zeebrugge, Belgium, on Friday March 6, 1987. It was on course for Dover when tragedy struck and...
March 6th, 2017 | Associations, HR, Maritime Accidents | Read More

Antipollution’s S.A. successful project, the Panagia Tinou

Antipollution’s S.A. successful project, the Panagia Tinou
The “Panagia Tniou” Antipollution SA, leading Greek company in the management of ship-generated solid waste, after an open competition conducted by Piraeus Port Authority is undertaking the refloating and removal of the “Panagia Tinou” wreck from the port of Piraeus. The 1972-built...
March 6th, 2017 | Environment, Health and Safety, News, Safety and Security, Salvage, Towage, Wreck Removals | Read More

Norsafe Wins Polar Code Contract with Damen Schelde Naval Shipbuilding BV

Norsafe Wins Polar Code Contract with Damen Schelde Naval Shipbuilding BV
Picture credit: Damen Schelde Naval Shipbuilding Norsafe has signed a new contract with Damen Schelde Naval Shipbuilding BV to supply its IMO Polar Code compliant Life Saving Appliances (LSA) to an arctic supply and research vessel for the Australian Antarctic Division. It will be supplying two JYN-85...
March 6th, 2017 | Arctic Shipping, Health and Safety, Marine Equipment Products and Services, News, Safety and Security, Technical, Technology | Read More

Maritime union RMT marks Herald of Free Enterprise 30th anniversar‎y

Maritime union RMT marks Herald of Free Enterprise 30th anniversar‎y
Mick Cash As part of the official commemorative events in Dover, maritime union RMT today paid respect to the memories of the 193 crew and passengers who lost their lives in the Herald of Free Enterprise on 6th March 1987.RMT General Secretary, Mick Cash said:“Today we remember those crew and passengers...
March 6th, 2017 | Anniversaries, HR, Maritime Accidents | Read More

Hot Port News from GAC

Hot Port News from GAC
04-Mar-2017 WORLD HOLIDAYS: 5-18 MARCH 2017 Worldwide CYCLONE WATCH Northern Territory, Australia World Holidays: 5-18 March 2017 Saturday, March 4, 2017, Worldwide Public holidays around the world in the coming two weeks include the following: 8 Mar (Wed) – Women’s Day 13...
March 4th, 2017 | Earthquakes, Tsunamis, Cyclones and Typhoons, Holidays, Ports & Terminals | Read More

HFW Insurance Bulletin 03 March 2017

HFW Insurance Bulletin 03 March 2017
In this week’s Bulletin: 1. Regulation and legislation UK: The Bank of England reflects on the implementation of Solvency II 2. Court cases and arbitration England and Wales: No rule preventing...
March 3rd, 2017 | Insurance and Reinsurance, Marine Insurance | Read More

Innovative new media simulator brings maritime exercises to life

Innovative new media simulator brings maritime exercises to life
Dustin Eno Baltic Exchange based global crisis communications company, Navigate Response, has launched a social and mainstream media simulator to improve the realism of shipping industry exercises and enhance companies’ crisis response preparations. The online platform, Triton, replicates media...
March 3rd, 2017 | Communication, Company Profiles, IT and Communications, News, Press and Media, Safety and Security | Read More

HFW successfully upholds in Court of Appeal important first instance judgment of Males J on inducement

HFW successfully upholds in Court of Appeal important first instance judgment of Males J on inducement
Costas Frangeskides AXA Versicherung AG (successor to Albingia) v Arab Insurance Group (B.S.C.) HFW represented Arig in the appeal of a 7 July 2015 High Court judgment of Mr Justice Males, in which AXA, as successor in title to German reinsurer, Albingia, was unsuccessful in its attempts to avoid two...
March 2nd, 2017 | Insurance and Reinsurance, Legal, Marine Insurance, News | Read More

Bangladesh ready for next phase to make ship recycling green and sustainable

Bangladesh ready for next phase to make ship recycling green and sustainable
IMO, the Government of the People’s Republic of Bangladesh and the Secretariat of the Basel, Rotterdam and Stockholm Conventions (BRS) have jointly implemented the 30-month “Safe and Environmentally Sound Ship Recycling in Bangladesh – Phase I” (SENSREC project). The Government of Bangladesh...
March 1st, 2017 | Associations, Health and Safety, Ship Demolitions | Read More

Who isn’t afraid of volatility; fighting the geopolitical jargon

Who isn’t afraid of volatility; fighting the geopolitical jargon
John Faraclas The BDI (Baltic Dry Index) as we have warned run out of steam… Volatility is more than dangerous and is here to stay… In the Geopolitical front the fight begins for carving yet another new world and “order”.  Not just new World Order… John Faraclas’ daily briefing: With the...
February 28th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Religion, Reports, Safety and Security, Statistics, Stock Markets, Tankers | Read More

ASPIDA Cyber Security – General Awareness Training

ASPIDA Cyber Security – General Awareness Training
DNV GL acknowledges that the maritime sector is in need of adequate cyber security to safeguard organizations, assets and information. To that end, Maritime Academy Hellas is offering on 16 March 2017, a 1-day general awareness Cyber Security course in order to provide awareness for all personnel and...
February 28th, 2017 | Corruption, Events, Conferences,Forums and Symposiums, Safety and Security | Read More

The Swedish Club Improves Offering to Charterers

The Swedish Club Improves Offering to Charterers
Lars Malm The Swedish Club has launched a new addition to its portfolio, Rules for Charterers’ Insurance, which has been written to recognise the specific needs of charterers and to ensure that cover can be more easily tailor made to meet their individual requirements. Rules for Charterers’ Insurance...
February 28th, 2017 | Chartering, P and I Clubs, Regulatory | Read More

EU’s leverage & insurance policy on dirty shipping needed

EU’s leverage & insurance policy on dirty shipping needed
Brussels, 28 February 2017 – From dangerous emissions in ports to hazardous scrapping on South Asian beaches, European shipping companies pollute and put people’s health and lives at serious risk. In light of the ongoing European Shipping Week and the failure of the International Maritime Organisation...
February 28th, 2017 | Corporate Social Responsibility, Emissions, Environment, Health and Safety, Pollution, Ship Demolitions | Read More

The BDI@878 loses steam yet again; geopolitics though are on the brink for WWIII

The BDI@878 loses steam yet again; geopolitics though are on the brink for WWIII
John Faraclas The BDI (Baltic Dry Index) gained just three points and now reads 878 points “thanks” to the volatile Capers … Geopolitics are to spill over given some nations unprecedented demands and the fault rests with all six superpowers that look for their vested business interests rather than...
February 27th, 2017 | Comment, Conferences, Seminars, Forums, Disputes, Legal, London Shipping Law Centre, Markets, News, P and I Clubs, Reports, Safety and Security, Shipbuilding and Shipyards, Shipping Indices | Read More

New professional indemnity insurance examination set for expansion

New professional indemnity insurance examination set for expansion
Chris Jones A dedicated qualification for professional indemnity practitioners is set to be expanded after a successful first round of examinations. The International Underwriting Association launched the Professional Indemnity Form (PIF) Test last year in response to requests from companies writing...
February 27th, 2017 | Associations, Education and Training, Insurance and Reinsurance, IUA, Marine Insurance, Maritime Education and Training | Read More

The BDI@856 amid mega Geopolitical mayhem

The BDI@856 amid mega Geopolitical mayhem
John Faraclas The BDI (Baltic Dry Index) gained 50 (indeed you read correct, fifty) points plus and now stands at 856 points, thanks to the as ever volatile Capers; Geopolitics and in general the masses all over Planet Ocean are in a very uneasy situation. John Faraclas’ daily recap: The Capers’...
February 23rd, 2017 | Anniversaries, Associations, Bribery and Corruption, Charity, Clubs, Communication, Corruption, Earthquakes, Tsunamis, Cyclones and Typhoons, Energy, Environment, Events, Conferences,Forums and Symposiums, Health and Safety, Immigration, Jobs, Maritime History and Museums, Markets, Military, News, Person Profiles, Reports, Safety and Security, Shipping Indices, Statistics, Stock Markets, Trade and Commerce, WISTA - Women in Shipping | Read More

Hot Port News from GAC

Hot Port News from GAC
23-Feb-2017 GOVERNMENT INSTITUTIONS & BANKS CLOSE FOR CARNIVAL Panama STORM DORIS REACHES UK SHORES United Kingdom Government institutions & banks close for Carnival Thursday, February 23, 2017, Panama Due to the upcoming Carnival holidays in Panama, Government institutions...
February 23rd, 2017 | Canals, Earthquakes, Tsunamis, Cyclones and Typhoons, Holidays, Inland Waterways, Port Conditions, Ports & Terminals, Weather | Read More

The Swedish Club delivers on a firm foundation

The Swedish Club delivers on a firm foundation
Lars Rhodin At the closure of the renewal season The Swedish Club is pleased to report performance in line with expectations and consistent with its strategy of balanced growth on a firm foundation. Gross tonnage is anticipated to post a 4 to 5 % increase in this policy year, which is coupled with the...
February 21st, 2017 | Marine Insurance, P and I Clubs | Read More

North P&I Club supports members through renewal

North P&I Club supports members through renewal
Paul Jennings and Andrew Wilson.j North P&I Club is stronger after its annual renewal on 20 February 2017, further consolidating its position as one of the leading members of the International Group of P&I Clubs. According to joint managing director, Paul Jennings, ‘As part of North’s...
February 20th, 2017 | Marine Insurance, P and I Clubs | Read More

Hot port News from GAC

Hot port News from GAC
17-Feb-2017 NAVAL FIRING PRACTICE Mumbai, India QUARANTINE NON-DECLARED PORT (SSCC/SSCEC) Eden, Australia TEMPORARY LOADING FACILITY AT JUNK BAY Hong Kong TEMPORARY LOADING FACILITY OFF CHA KWO LING Hong Kong Naval firing practice Friday, February 17, 2017, Mumbai, India The...
February 17th, 2017 | Health and Safety, Military, Port Conditions, Ports & Terminals | Read More

Fire aboard APL Austria container vessel extinguished at Ngqura

Fire aboard APL Austria container vessel extinguished at Ngqura
Fire-fighters trying to put off the fire Fire Aboard APL Austria Container Vessel Extinguished at Ngqura [NELSON MANDELA BAY, South Africa, 17 February 2017]  The joint effort undertaken by a comprehensive Disaster Management team at the Port of Ngqura has helped to avert a potential maritime disaster...
February 17th, 2017 | Marine Insurance, Maritime Accidents | Read More

16th of March: Cyber Security – General awareness training

16th of March: Cyber Security – General awareness training
ΝΕW! Cyber Security – General awareness training DNV GL acknowledges that the maritime sector is in need of adequate cyber security to safeguard organizations, assets and information. To that end, Maritime Academy Hellas is offering on 16 March 2017, a 1-day general awareness Cyber Security...
February 13th, 2017 | Classification Societies, Corruption, Defense, Events, Conferences,Forums and Symposiums, Marine Insurance, Maritime Fraud, Piracy and Terrorism, Safety and Security | Read More