Archive for the ‘Marine Insurance’ Category

HRAS News: UK Anti Slavery Day – 18 October 2018

HRAS News: UK Anti Slavery Day – 18 October 2018
UK Anti Slavery Day – 18 October 2018 Thursday 18th of October is Anti-Slavery Day in the UK. While many may think slavery is a thing of the past, modern slavery is estimated to be a £115 billion industry. Human trafficking is an intertwined issue with modern slavery, with the ILO estimating 21 million...
October 19th, 2018 | Anniversaries, Charity, Communication, Corruption, HR, Manning - Seafarers and Offshore | Read More

Recent fires at Gadani yards prompt authorities to shut down all shipbreaking activities

Recent fires at Gadani yards prompt authorities to shut down all shipbreaking activities
Shipbreaking Workers Union and NTUF jointly organized a protest rally in Gadani against the increase in accidents and the closure of the yards NGOs call for the relocation of the industry to facilities equipped for safe and clean recycling Brussels/Islamabad, 19 October 2018 – On 11 October a...
October 19th, 2018 | Environment, Health and Safety, Ship Demolitions | Read More

HFW: Iran sanctions – The English Court steers a course

HFW: Iran sanctions –  The English Court steers a course
Daniel Martin, partner HFW In our previous briefing, we looked at the challenges of complying with EU and US sanctions from 5 November 2018, when further US sanctions are re-imposed, and the need to steer a course between the divergent approaches which are being taken by the EU and the US. The Commercial...
October 19th, 2018 | Legal, Sanctions | Read More

Workplaces remain dangerous environments

Workplaces remain dangerous environments
Working with dangerous fumes and substances British Safety Council supports 2018 European Week for Safety and Health at Work Every year, 8,000 people die because of exposure to  carcinogens at work and 13,500 new occupational cancer cases are registered in Britain (source: HSE). In the EU context, the...
October 19th, 2018 | Associations, Events, Conferences,Forums and Symposiums, Health and Safety | Read More

RMT announces dispute with P&O Dover over attack on sickness procedures

RMT announces dispute with P&O Dover over attack on sickness procedures
Mick Cash MARITIME UNION RMT has announced that it is in dispute with P&O Dover after it unilaterally imposed and refused to withdraw a new sickness procedure. The union wrote to P&O asking the company to withdraw their sickness toolkit policy until such time as a formal agreement can be agreed...
October 19th, 2018 | Health and Safety, HR, Manning - Seafarers and Offshore, Rail | Read More

Britannia announces a further USD10m Capital Distribution and no General Increase for 2019/20

Britannia announces a further USD10m Capital Distribution and no General Increase for 2019/20
Andrew Cutler, CEO Tindall Riley (Britannia) Limited At its Members’ Representative Committee and Board Meetings on 16 October in Hamburg, Britannia P&I Club announced that for 2019/20 there would be no General Increase to its advance call for P&I Members. In addition, Britannia continues to...
October 18th, 2018 | Events, Conferences,Forums and Symposiums, P and I Clubs | Read More

Spirit of compromise thrives as Nordic Marine Insurance Plan heads for revision in 2019

Spirit of compromise thrives as Nordic Marine Insurance Plan heads for revision in 2019
Keith Jones of Aon Risk Solutions, John Martin of Gard and Paul Calvert of the International Underwriting Association The Nordic Marine Insurance Plan will continue to operate in a spirit of compromise and consensus amid modest amendments expected to emerge from the latest regular review of its clauses,...
October 18th, 2018 | Associations, Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Marine Insurance | Read More

Greek shipowners strongly support the forthcoming discussions at the UN IMO for effective implementation and enforcement of the 2020 0.5% global sulphur cap

Greek shipowners strongly support the forthcoming discussions at the UN IMO for effective implementation and enforcement of the 2020 0.5% global sulphur cap
Theodore El. Veniamis, president of the Union of Greek Shipowners Greek shipowners strongly support the forthcoming discussions at the UN IMO for effective implementation and enforcement of the 2020 0.5% global sulphur cap The Union of Greek Shipowners (UGS) remains firmly committed to the successful...
October 18th, 2018 | Associations, Emissions, Energy, Environment, Health and Safety, News | Read More

Free training programme on mental health offered to seafarers worldwide

Free training programme on mental health offered to seafarers worldwide
.. A new training package produced by KVH Videotel and ISWAN was introduced yesterday during the 5th Annual International Shipowning & Shipmanagement Summit in London. The package, ‘Seafarers’ Mental Health and Wellbeing’ will be available free of charge throughout the industry...
October 17th, 2018 | Events, Conferences,Forums and Symposiums, Health and Safety, Maritime Education and Training | Read More

Stamco PCTCs installed with Naval Dome Endpoint

Stamco PCTCs installed with Naval Dome Endpoint
Naval Dome Endpoint installation took one hour to complete during the vessel’s port stay in Piraeus Naval Dome has successfully installed its Endpoint maritime cyber defence system to a 57,692GT Pure Car and Truck Carrier (PCTC) operated by Piraeus-based Stamco Ship Management. The vessel, chartered...
October 17th, 2018 | IT and Communications, Safety and Security | Read More

HRAS enables Ethiopian Chief Officer to return home with wages paid

HRAS enables Ethiopian Chief Officer to return home with wages paid
HRAS enables Ethiopian Chief Officer to return home with wages paid 17th October 2018 London. UK. Human Rights at Sea is pleased to report the successful repatriation of an Ethiopian Chief Officer with outstanding wages owed which have now been paid in full after direct, but polite intervention by the...
October 17th, 2018 | Associations, Charity, Claims, HR | Read More

Seafarers’ Mental Health is focus of New Training Programme offered free to Mariners Worldwide

Seafarers’ Mental Health is focus of New Training Programme offered free to Mariners Worldwide
.. KVH Videotel introduced a new training package, “Seafarers Mental Health and Wellbeing,” yesterday during the 5th Annual International Shipowning & Shipmanagement Summit in London, and announced that the package will be available free of charge throughout the industry due to the critical...
October 17th, 2018 | Conferences, Seminars, Forums, Health and Safety, HR, Manning - Seafarers and Offshore, Maritime Education and Training | Read More

The BDI@1,578: an expected volatility and contained fall…

The BDI@1,578: an expected volatility and contained fall…
John Faraclas The BDI (Baltic Dry Index) lost six points thanks to the Capes’ fall… Geopolitics as crucial as ever… particularly on the platoon and financial sector… John Faraclas daily briefing: The Capes’ BCI was down 25 points at 2,164 – …the classic volatile size… Panamaxes were...
October 16th, 2018 | Associations, Chartering, Dry Bulkcarriers, Emissions, Environment, Events, Conferences,Forums and Symposiums, Health and Safety, HR, Intermanager, Maritime Education and Training, Markets, Military, Safety and Security, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

London company market income jumps to £26.3bn

London company market income jumps to £26.3bn
Premium income in the London company market has jumped to £26.314bn, a new report by the International Underwriting Association (IUA) has revealed. Gross written premium in London for 2017 was £18.331bn while a further £7.984bn was identified as written in other locations, but overseen and managed...
October 16th, 2018 | Insurance and Reinsurance, IUA, Marine Insurance, Reports | Read More

Seafarers speak of grief after colleagues’ deaths

Seafarers speak of grief after colleagues’ deaths
Wojceich Holub Apostleship of the Sea Port Chaplain. Crew members from the tanker Key Fighter have spoken about the shock and sadness of losing two of their colleagues who died following an incident on board the ship in early September. The ship was in ballast from Norway to England and the men were...
October 15th, 2018 | Charity, Health and Safety, Maritime Accidents, Religion | Read More

‘The best of the best’ performers in health, safety or environmental management are named

‘The best of the best’ performers in health, safety or environmental management are named
  .. British Safety Council announces the winners of the 2018 Sword of Honour and Globe of Honour awards The British Safety Council has announced the winners of this year’s Sword of Honour and Globe of Honour awards for the exemplary management of health, safety and environmental risks by...
October 15th, 2018 | Awards, Environment, Health and Safety | Read More

Hot Port News from GAC

Hot Port News from GAC
12-Oct-2018 PORT CONDITION WHISKEY (MODIFIED) SET Pennsylvania, New Jersey & Delaware, United States BREAKWATER REINSTATEMENT WORKS AT ABERDEEN SOUTH TYPHOON SHELTER Hong Kong BREAKWATER REINSTATEMENT WORKS AT CHAI WAN CARGO HANDLING BASIN Hong Kong TRAFFIC SUSPENSION FOR YACHT RACES Bosphorus,...
October 12th, 2018 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Sailing, Sports, Weather, Yachting | Read More

Piracy and Sea Robbery Situation in Asia for January to September 2018

Piracy and Sea Robbery Situation in Asia for January to September 2018
Piracy and Sea Robbery Situation in Asia for January to September 2018 Single-sheet Summary for ReCAAP ISC 3rd Quarter 2018 Report (Pg 1) Summary   A total of 64 incidents of piracy and armed robbery against ships (comprising 50 actual incidents and 14 attempted incidents) reported in Asia during...
October 12th, 2018 | Bribery and Corruption, Maritime Fraud, Piracy and Terrorism, Reports | Read More

Hot Port News from GAC

Hot Port News from GAC
11-Oct-2018 PORTS RE-OPENED AFTER MICHAEL MAKES LANDFALL Mobile, Pascagoula & Gulfport, United States EARTHQUAKES ROCK EAST JAVA, BALI & PAPUA NEW GUINEA Indonesia & Papua New Guinea Ports re-opened after Michael makes landfall Thursday, October 11, 2018, Mobile, Pascagoula & Gulfport,...
October 11th, 2018 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals | Read More

American Club Circular No. 39/18 – Continuing Warranty of Seaworthiness OF SEAWORTHINESS

American Club Circular No. 39/18 – Continuing Warranty of Seaworthiness OF SEAWORTHINESS
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club OCTOBER 11, 2018 CIRCULAR NO. 39/18 TO MEMBERS OF THE ASSOCIATION Dear Member: CONTINUING WARRANTY OF SEAWORTHINESS It has come to your Managers’ attention that, from time to time, Members are offered...
October 11th, 2018 | P and I Clubs, Safety and Security | Read More

Clearwater works with Norway’s maritime war risk insurance club (DNK) to develop ground-breaking digital solutions for maritime insurance market

Clearwater works with Norway’s maritime war risk insurance club (DNK) to develop ground-breaking digital solutions for maritime insurance market
Clearwater Tracking and DNK have partnered to provide the first end-to-end truly digital platform for maritime insurance, operations and management, deploying advanced satellite technology from ORBCOMM for cost-effective, near real-time data on vessel position, breach reporting and other on-board information Poole,...
October 11th, 2018 | Insurance and Reinsurance, Marine Insurance, News, P and I Clubs | Read More

North P&I Club celebrates new, larger office opening in Piraeus

North P&I Club celebrates new, larger office opening in Piraeus
Paul Jennings and Ioanna Procoplou cutting the ribbon at office opening October 10, 2018 – North P&I Club celebrated the opening of its new office in Piraeus, Greece, yesterday with an open-house reception for around 350 representatives from the Greek shipping community. The reception, which...
October 10th, 2018 | Company Profiles, Events, P and I Clubs, People and Places | Read More

OCIMF releases best practices for conducting navigational assessments

OCIMF releases best practices for conducting navigational assessments
10 October 2018 – London OCIMF has today released a new information paper on best practices for conducting navigational assessments, called A Guide to Best Practice for Navigational Assessments and Audits. Navigational assessments and audits help vessel owners, operators and Masters to identify areas...
October 10th, 2018 | Books, Communication, Health and Safety, Manning - Seafarers and Offshore, Maritime Education and Training, Regulatory, Reports, Safety and Security, Shipmanagement | Read More

Falling BDI@1,503 a concern?

Falling BDI@1,503 a concern?
John Faraclas The BDI (Baltic Dry Index) lost 27 points since yesterday and if same goes below the 1,500 point-threshold it will be an issue. Geopolitics equalise the theatre of the absurd! John Faraclas’ brief report: The Capes did it again; falling 81 points and going well below the 2,000 points...
October 9th, 2018 | Banking, Bribery and Corruption, Chartering, Dry Bulkcarriers, Markets, News, Reports, Shipping Indices, Statistics, Stock Markets | Read More

When does a fixture become binding?

When does a fixture become binding?
Fiona Pounds, Claims handler Fiona Pounds: When does a fixture become binding? Parties in more procedurally conservative jurisdictions can be surprised at the ease with which a binding contract can be created under English law. In the context of charterparty (c/p) negotiations, it is generally the case...
October 9th, 2018 | Chartering, Claims, P and I Clubs | Read More