Archive for the ‘Marine Insurance’ Category

American Club circular no.. 04/19 – US imposes new sanctions against the government of Venezuela through designation of PdVSA

American Club circular no.. 04/19 – US imposes new sanctions against the government of Venezuela through designation of PdVSA
Joe Hughes AMERICAN CLUB CIRCULAR NO. 04/19 – UNITED STATES IMPOSES NEW SANCTIONS AGAINST THE GOVERNMENT OF VENEZUELA THROUGH DESIGNATION OF PETROLEOS DE VENEZUELA, S.A. (PdVSA)  FEBRUARY 6, 2019   CIRCULAR NO. 04/19   TO MEMBERS OF THE ASSOCIATION   Dear Member:   UNITED STATES IMPOSES...
February 6th, 2019 | Markets, News, Oil Industry, Sanctions | Read More

LCC: Constructive Total Loss and SCOPIC

LCC: Constructive Total Loss and SCOPIC
James Turner, QC of Quandrat Chambers Members will be aware of the significant Court of Appeal judgment in “The Renos” last year. The claim dealt with the question of whether SCOPIC costs could count towards a CTL calculation in a Hull and Machinery claim. Because of the way in which SCOPIC operates,...
February 6th, 2019 | Claims, Defense, Disputes, Marine Insurance, Maritime Accidents, P and I Clubs, Salvage, Towage, Wreck Removals | Read More

IMCA publishes summary of 2018 safety rules flashes

IMCA publishes summary of 2018 safety rules flashes
  Nick Hough, IMCA’s Technical Adviser for Health, Safety, Security & Environment, 136 incidents reported in 29 Safety Flashes in 2018 The International Marine Contractors Association (IMCA) has issued an Information Note showing that in 2018 it published 29 Safety Flashes reporting...
February 6th, 2019 | Associations, Health and Safety | Read More

Britannia granted licence to underwrite business in Singapore

Britannia granted licence to underwrite business in Singapore
John O’Flaherty, Chief Executive, Tindall Riley (Britannia) Singapore (TR(B)S) Britannia Granted Licence to Underwrite Business in Singaporeand Launches Two Chinese Language Websites Britannia Singapore On 25 January Britannia P&I Club was granted a licence to underwrite business from its...
February 5th, 2019 | Company Profiles, P and I Clubs | Read More

North P&I Club launches Can Test training pack

North P&I Club launches Can Test training pack
Simon MacLeod, Deputy Director (Loss Prevention), North P&I February 5, 2019 – North P&I Club has launched its comprehensive new series of bite-sized training packs to help seafarers avoid the contributing factors to workplace casualties, as well as unplanned events that did not result...
February 5th, 2019 | Health and Safety, Maritime Accidents, Maritime Education and Training, P and I Clubs, Safety and Security | Read More

UK Government to support safe maritime trade and economic growth across overseas territories

UK Government to support safe maritime trade and economic growth across overseas territories
UKHO staff with seminar delegates from overseas territories UK Hydrographic Office (UKHO), with support from Maritime & Coastguard Agency (MCA), work with representatives from 10 overseas territories to support maritime trade across the world’s oceans TAUNTON, 05 FEBRUARY, 2019 – The UKHydrographic ...
February 5th, 2019 | Events, Conferences,Forums and Symposiums, Maritime Education and Training, Safety and Security, Trade and Commerce | Read More

Canadian Government Vessels of Concern Risk Assessment Methodology Contract Award

Canadian Government Vessels of Concern Risk Assessment Methodology Contract Award
l to r: Brian Leblanc, Acting Assistant Commissioner, Atlantic Region, CCG. John Doucet, Acting Superintendent, Vessels of Concern (VOC), CCG Ewan Browell, LOC CanadaDarren Fisher, M.P. Dartmouth-Cole Harbour, Nova Scotia Andy Blackmer, Dillon Consultingand Anne Miller, Regional Director, Incident Management,...
February 5th, 2019 | Marine Equipment Products and Services, Safety and Security, Technical | Read More

IMCA to unveil 2018 Dynamic Positioning stats and Practitioner Accreditation Schem

IMCA to unveil 2018 Dynamic Positioning stats  and Practitioner  Accreditation Schem
Andy Goldsmith Highest number of reports on DP Station Keeping events since Reporting Scheme began Date for DP Practitioner Accreditation Scheme announced  The International Marine Contractors Association’s (IMCA) Captain Andy Goldsmith, Technical Adviser – Marine, will reveal the findings...
February 5th, 2019 | Events, Conferences,Forums and Symposiums, Safety and Security | Read More

Maritime charity calls on people to send well wishes to sick seafarer

Maritime charity calls on people to send well wishes to sick seafarer
Sailors’ Society port chaplain Steve Loader recently visited Mohammed A maritime charity which is supporting a sick seafarer in Torbay Hospital is calling on people to send him their well wishes. Indonesian Mohammed Rosuli was hospitalised on Friday (25 January) after complications from an operation...
January 31st, 2019 | Charity, Health and Safety, Manning - Seafarers and Offshore | Read More

Midweek blues with the BDI@721…

Midweek blues with the BDI@721…
John Faraclas The entire Market – both Dry and Wet was down today and I guess you must be very affluent this time to avoid even more losses… Let’s see how many can sail through… Geopolitics in total mess affecting the entire shipping industy. John Faraclas’ midweek note: The BDI (Baltic...
January 30th, 2019 | Chartering, Comment, Dry Bulkcarriers, Insight, Markets, Obituaries, Reports, Sanctions, Seizures, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

ITIC e-learning video highlights dangers of switch bills of lading

ITIC e-learning video highlights dangers of switch bills of lading
International Transport Intermediaries Club (ITIC) has produced an e-learning video for ship agents on the use of ‘switch bills of lading’, a second sets of bills used as a substitute for the original bills of lading issued at time of shipment. ITIC legal advisor Mark Brattman says, “There are...
January 30th, 2019 | Associations, Chartering, Marine Insurance, Maritime Education and Training, P and I Clubs | Read More

The future of health and safety in the Middle East

The future of health and safety in the Middle East
Mike Robinson, Chief Executive of British Safety Council How do you future-proof your organisation? At its fourth annual conference in Dubai, the British Safety Council will explore how local businesses can prepare for opportunities and challenges ahead The British Safety Council, one of the most trusted...
January 29th, 2019 | Events, Conferences,Forums and Symposiums, Health and Safety, Maritime Education and Training | Read More

IUA sets out priorities for London Company Market in 2019

IUA sets out priorities for London Company Market in 2019
Dave Matcham The publication of a major official report on the wholesale insurance market is just one of several regulatory issues expected to dominate the International Underwriting Association’s agenda in 2019. The body, which represents the London company market, has issued its annual business plan...
January 28th, 2019 | Associations, Insurance and Reinsurance, IUA, Marine Insurance, Reports, Sanctions | Read More

HFW: Insurance Bulletin – January 2019

HFW: Insurance Bulletin – January 2019
Costas Frangeskides, Partner, Holman Fenwick Willan LLP In this issue: Court cases and arbitration; Market Developments 1. Court cases and arbitration England & Wales: Making sense of jurisdiction clauses 2. Market developments UK: Pool Re withdraws terror attack event cover Andrew Bandurka Should...
January 25th, 2019 | Arbiitration, Insurance and Reinsurance, Legal | Read More

m/v Stellar Daisy

m/v Stellar Daisy
MV STELLAR DAISY Further to recent media reports, Korean Register can confirm that following the Republic of Korea court hearing on 24 January, the court rejected a request for an arrest warrant for a KR surveyor. The MV STELLAR DAISY vessel was classed with KR and she was surveyed in accordance with...
January 25th, 2019 | Classification Societies, Health and Safety, IACS, Legal, Safety and Security | Read More

North P&I Club enhances Asia Pacific Loss Prevention team

North P&I Club enhances Asia Pacific Loss Prevention team
January 24, 2018 – North P&I Club has further strengthened its Loss Prevention team in the Asia Pacific region with the a Andrew Glen, North P&I ddition of Andrew Glen, who has relocated to Singapore from North’s UK based head office. Andrew, a Master Mariner, joined North in 2006...
January 24th, 2019 | Company Profiles, Marine Insurance, P and I Clubs, Person Profiles | Read More

Hot Port News from GAC

Hot Port News from GAC
23-Jan-2019 WEIGHT LIMITATION OF DANGEROUS GOODS Singapore TROPICAL LOW 12 U (UPDATE 3) Dampier, Australia CYCLONE RESPONSE PROCEDURE ACTIVATED Port Hedland, Australia Weight limitation of dangerous goods Wednesday, January 23, 2019, Singapore From 1 January 2019, the Notification relating to the Weight...
January 23rd, 2019 | Earthquakes, Tsunamis, Cyclones and Typhoons, Port Conditions, Ports & Terminals, Weather | Read More

New initiatives announced to strengthen Singapore as a Global Maritime Hub

New initiatives announced to strengthen Singapore as a Global Maritime Hub
Dr Lam Pin Min, Senior Minister of State for Transport and Health, Singapore Dr Lam Pin Min, Senior Minister of State for Transport and Health, announced two initiatives for the maritime industry at the Singapore Shipping Association’s (SSA) Annual Lunar New Year Cocktail Reception yesterday evening....
January 23rd, 2019 | Events, Conferences,Forums and Symposiums, Marine Insurance, Markets | Read More

Solving the wellbeing puzzle

Solving the wellbeing puzzle
Professor Dame Carol Black photographed for the RSA, commissioned by Wardour Dame Carol Black advises how to create a wellbeing culture in three new films produced by the British Safety Council ​Recent research by the British Safety Council identified significant levels of uncertainty in the UK about...
January 22nd, 2019 | Associations, Consumers Market, Film Industry, Health and Safety, HR, Story of the Day | Read More

Bermuda raising profile of life & annuity insurance sector

Bermuda raising profile of life & annuity insurance sector
Jereme Ramsay Hamilton, Bermuda, January, 2019 – The Bermuda Business Development Agency (BDA) is partnering with the island’s fast-growing life and annuity re/insurance sector to promote a strong presence at the industry’s largest US conference this spring. For the first time,...
January 21st, 2019 | Associations, Events, Conferences,Forums and Symposiums, Insurance and Reinsurance, Marine Insurance | Read More

Another Dutch ship owner faces huge fine for having beached a vessel

Another Dutch ship owner faces huge fine for having beached a vessel
Ingvild Jenssen Brussels, 20 January 2019 – Dutch ship owner Holland Maas Scheepvaart Beheer II BV has been fined 780.000 EUR and paid a settlement of 2.2 million EUR – totaling to a price tag of almost 3 million EUR – for having beached a ship for scrapping in India. In 2013, Holland...
January 20th, 2019 | Environment, Health and Safety, Pollution, Ship Demolitions | Read More

North is the first UK P&I Club to confirm post-Brexit trading arrangements

North is the first UK P&I Club to confirm post-Brexit trading arrangements
Paul Jennings, Chief Executive Officer, North P&I Club January 18, 2018 – North P&I, one of the world’s leading providers of marine insurance, today confirmed that its subsidiary in Ireland, North of England P&I DAC, has received authorisation as a non-life insurance business from...
January 18th, 2019 | Company Profiles, Insurance and Reinsurance, Marine Insurance, Markets, News, P and I Clubs, Person Profiles | Read More

Tsavliris Salvage joins forces with Green Award Foundation

Tsavliris Salvage joins forces with Green Award Foundation
l to r: Nicolas Tsavliris, Andreas Tsavliris, Dimitrios Mattheou (Chairman, Green Award Foundation), George Tsavliris, Jan Fransen (Executive Director, Green Award) Tsavliris Salvage celebrated its induction into the Green Award Foundation during a reception at the Yacht Club of Greece on January 10,...
January 17th, 2019 | Awards, Emissions, Environment, Events, Oceanology, Oil Spill, Pollution, Salvage, Towage, Wreck Removals | Read More

New IUA appointment to review central processing services

New IUA appointment to review central processing services
Peter Sammons The International Underwriting Association (IUA) has appointed a consultant to help its member companies make the most of their use of central London Market processing services. A review of service levels will be conducted and the full range of end-end-end business processes analysed, including...
January 17th, 2019 | Associations, Company Profiles, Insurance and Reinsurance, IUA, Marine Insurance, Person Profiles | Read More

The Killing of Fesaitu Riamkau: A Fijian Crewman

The Killing of Fesaitu Riamkau: A Fijian Crewman
15 January 2019 Any advice for people going to sea? “It’s up to them. Anything can happen at sea.” Munivai Taukave Lorenti London.UK. Human Rights at Sea today publishes a new redacted case study, including witness statements detailing the background to the killing of Fesaitu Riamkau in Panama,...
January 16th, 2019 | Charity, Health and Safety, HR, Manning - Seafarers and Offshore, Marine Insurance, Maritime Accidents, Safety and Security | Read More