Archive for the ‘Marine Insurance’ Category

THOME reviews cyber security protocols

THOME reviews cyber security protocols
Claes Eek Thorstensen There has been a lot of publicity recently about the need for the shipping industry to wake up to the very real threat of malicious cyberattacks. Thome takes cyber security very seriously and continuously monitors its protocols and procedures to keep up to date with the ever changing...
September 23rd, 2016 | IT and Communications, Safety and Security, Shipmanagement | Read More

ABS Introduces Industry-Leading Guide on Subchapter M

ABS Introduces Industry-Leading Guide on Subchapter M
Industry-first Guide helps towing vessel owners comply with Subchapter M requirements. (Houston) ABS, a leading provider of classification and technical services to the marine and offshore industries, announces the publication of the ABS Guide for Building and Classing 46 CFR Subchapter M Towing Vessels...
September 22nd, 2016 | Classification Societies, Regulatory, Salvage, Towage, Wreck Removals, Technical | Read More

Final call for SMEs to apply for new £35k funded R&D programme

Final call for SMEs to apply for new £35k funded R&D programme
Naomi Climer Final call for SMEs to apply for new funded R&D programme to make their innovation a reality and solve healthcare challenge There is still time for SMEs across the UK to apply for support of up to £35,000 if they have a technology that could be adapted and commercialised to solve a...
September 22nd, 2016 | Associations, Health and Safety | Read More

ASTRA and SPAR SHIPPING: What happens when a time charterer fails to pay timely hire?

ASTRA and SPAR SHIPPING: What happens when a time charterer fails to pay timely hire?
Legal Assistance and Defence Cover (LADC) is available to Members in addition to the traditional P&I cover. We are very grateful to Ian Teo, Partner at Rajah & Tann’s, Shipping and International Trade, Singapore, for sharing an example of where LADC cover can assist Members in the event of...
September 22nd, 2016 | Associations, Chartering, Claims, Company Profiles, Disputes, Fixtures, Legal, Person Profiles | Read More

Explosive cocktail of challenges ahead for marine insurers, says IUMI president

Explosive cocktail of challenges ahead for marine insurers, says IUMI president
Dieter Berg Explosive cocktail of challenges ahead for marine insurers, says IUMI president  By James Brewer Marine insurers will have to deal with “an explosive cocktail” of challenges in the period ahead, Dieter Berg, president of the International Union of Marine Insurance, said in his...
September 21st, 2016 | Conferences, Seminars, Forums, Marine Insurance | Read More

Atlantic Marine – Availability and News

Atlantic Marine – Availability and News
The “Atlantic Carrier” ATLANTIC CARRIER and the ROGE ROV SYSTEM: We continue to expand the offshore capabilities for the ROGE ROV. This time, cable tracking using the TSS350 installed onto the ROGE ROV provided excellent results as the stability...
September 21st, 2016 | Safety and Security, Salvage, Towage, Wreck Removals | Read More

INDUSTRY ALERT – Hanjin Line Bankruptcy: Ownership and Return of Leased Containers

INDUSTRY ALERT – Hanjin Line Bankruptcy: Ownership and Return of Leased Containers
In connection with the filing by Hanjin Shipping for bankruptcy: A list of owners of various types of containers (with prefixes) which were previously on lease to Hanjin, has been prepared. ClickHERE to download the document. If you come across any equipment previously on lease to Hanjin Line, this...
September 21st, 2016 | Associations, Claims, Containers, Disputes, Seizures | Read More

Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMI

Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMI
Simon Williams Gloomy outlook for offshore energy insurance sector blighted by falling premium base and increased volatility, says IUMI Speaking at yesterday’s IUMI Genova conference, Simon Williams, Chairman of IUMI’s offshore energy committee, warned that the offshore energy sector was facing a...
September 21st, 2016 | Associations, Energy, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

Reduced income and challenges ahead for marine cargo insurance, says IUMI

Reduced income and challenges ahead for marine cargo insurance, says IUMI
Nick Derrick At yesterday’s IUMI marine insurance conference in Genova, Cargo Committee chairman Nick Derrick announced a reduction in global cargo premiums by 9% from 2014 to 2015, the total premium value being US$15.8 billion. He stated a combination of a strong US dollar and falling cargo values...
September 21st, 2016 | Associations, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

IMHR 2016 Conference review

IMHR 2016 Conference review
David Hammond CEO Human Rights at Sea ‘Application of human rights throughout the maritime environment at all times without exception’. IMHR 2016 Conference Review. A week after the inaugural International Maritime Human Rights (IMHR) conference took place on Wednesday 14 September 2016, at The Royal...
September 21st, 2016 | Associations, Charity, Conferences, Seminars, Forums, Energy, Environment, Events, Exhibitions, Health and Safety, HR, Safety and Security | Read More

Britain seeks increased collaboration with Singapore to save lives at work

Britain seeks increased collaboration with Singapore to save lives at work
Mike Robinson Chief Executive of the British Safety Council Chief Executive of the British Safety Council meets business leaders and health and safety professionals at the Singapore Ministry of Manpower to explore how the British Safety Council can work more collaboratively with the Ministry to achieve...
September 21st, 2016 | Associations, Health and Safety, Safety and Security | Read More

Mini Firefighters makes big contribution to Team Britannia’s round the world record bid

Mini Firefighters makes big contribution to Team Britannia’s round the world record bid
Team Britannia & Mini Fire Fighter i Mini Firefighter, the makers of world’s first eco fire extinguisher are the latest company to get behind Team Britannia’s round the world record bid. The small hand held fire extinguisher, from the MFF Group based in Essex, can be used on most types of fire...
September 21st, 2016 | Marine Equipment Products and Services, Maritime Accidents, Safety and Security, Sailing, Sports, Yachting | Read More

IUMI calls for further industry cooperation to tackle containership fires

IUMI calls for further industry cooperation to tackle containership fires
Uwe-Peter Schieder Two recent onboard containership fires have fueled concerns from IUMI (International Union of Marine Insurance) over the challenges involved with managing these incidents at sea. Uwe-Peter Schieder, Vice Chairman of IUMI’s Loss Prevention Committee explains: “At sea, below-deck...
September 20th, 2016 | Associations, Containers, Events, Conferences,Forums and Symposiums, Marine Insurance, Maritime Accidents, Safety and Security | Read More

Maintain anti-piracy naval force, IUMI delegates urge

Maintain anti-piracy naval force, IUMI delegates urge
Helle Hammer Maintain anti-piracy naval force, IUMI delegates urge By James Brewer A renewed call for the international community to maintain a vigorous stance against maritime piracy has been made at the 2016 annual conference of the International Union of Marine Insurance. Helle Hammer, chair...
September 20th, 2016 | Conferences, Seminars, Forums, Health and Safety, Military, Piracy and Terrorism, Safety and Security | Read More

Global ocean hull premiums down in 2015 and sector faces increasing volatility and risk, reports IUMI

Global ocean hull premiums down in 2015 and sector faces increasing volatility and risk, reports IUMI
Mark Edmondson Global premium income related to ocean hull insurance for 2015 was down by 8.4% compared with the previous year and totalled USD 7.5 bn. Although the global fleet continued to grow, average insured vessel values fell and this had impacted negatively on premium income. Although global...
September 20th, 2016 | Associations, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

Tug and Barge Solutions to deliver its compliance management through Helm CONNECT

Tug and Barge Solutions to deliver its compliance management through Helm CONNECT
Daphne, AL – Today, Safety and Compliance solutions provider, Tug and Barge Solutions (TBS), announced its new working arrangement with Helm Operations. The arrangement allows TBS to deliver its safety and compliance management program through Helm CONNECT for customers that elect to use an electronic...
September 20th, 2016 | IT and Communications, Salvage, Towage, Wreck Removals | Read More

Fourth new Transnet Tug rolls off production line

Fourth new Transnet Tug rolls off production line
From the Osprey tug launch [Durban, South Africa, 20 September 2016]  Transnet National Ports Authority (TNPA) is on track with its R1.4 billion tug building contract and today celebrated the ceremonial launch of the fourth of its nine new tugs being built in Durban. The tug – named OSPREY in honour...
September 20th, 2016 | Ports & Terminals, Salvage, Towage, Wreck Removals, Shipbuilding and Shipyards | Read More

Time is running out to file claims against Hanjin Shipping, IUMI conference is told

Time is running out to file claims against Hanjin Shipping, IUMI conference is told
Mike Roderick of Clyde & Co. Time is running out to file claims against Hanjin Shipping, IUMI conference is told By James Brewer Shipowners, charterers, cargo interests, forwarders and other parties have been advised to expedite their claims against stricken Hanjin Shipping. The warning comes...
September 20th, 2016 | Associations, Breaking News, Company Profiles, Container shipping, Containers, Marine Insurance, Markets, Stock Markets | Read More

Cargo liquefaction a problem for bulk terminals

Cargo liquefaction a problem for bulk terminals
ABTO Chief Executive Ian Adams speaking to ICHCA members last week in London CARGO LIQUEFACTION A PROBLEM FOR BULK TERMINALS, WARNS ABTO CHIEF The Association of Bulk Terminal Operators has warned that cargo liquefaction – an issue commonly associated with the seaborne transportation of unprocessed...
September 20th, 2016 | Health and Safety, Ports & Terminals, Safety and Security | Read More

IUMI president warns of challenges of insuring billion dollar ships

IUMI president warns of challenges of insuring billion dollar ships
Dieter Berg IUMI president warns of challenges of insuring billion dollar ships,  By James Brewer Insurers face huge challenges with the advent of what amounts to the billion dollar (in terms of risk exposures) cargoship, IUMI president Dieter Berg warned as he opened the organisation’s 2016...
September 19th, 2016 | Associations, Conferences, Seminars, Forums, Marine Insurance | Read More

British Marine and Datatag’s official COMPASS Scheme goes live

British Marine and Datatag’s official COMPASS Scheme goes live
Kevin Howells, Managing Director of Datatag and Sarah Dhanda, Membership & Services Director of British Marine British Marine and Datatag’s official COMPASS Scheme goes live to tackle marine theft COMPASS (the Combined Official Marine Protection and Security System) which is powered by Datatag and...
September 19th, 2016 | Associations, Corruption, Maritime Fraud, Safety and Security | Read More

ARC welocmes comments highlighting responsibilities for keeping ships safe in West Africa

ARC welocmes comments highlighting responsibilities for keeping ships safe in West Africa
Management company Africa Risk Compliance (ARC) has welcomed recent comments highlighting the issue of who should be responsible for ensuring the security of ships operating in West Africa. It was reportedly stated on the sidelines of the Safety At Sea Conference, that if Navies in the region can’t...
September 19th, 2016 | Associations, Piracy and Terrorism, Safety and Security | Read More

Global marine underwriting premiums down by 10.5%…

Global marine underwriting premiums down by 10.5%…
Astrid Seltmann Global marine underwriting premiums down by 10.5%; continued uncertainty lies ahead, warns IUMI IUMI – the International Union of Marine Insurance – unveiling its annual statistical report on the marine insurance market at today’s conference in Genova, announced global underwriting...
September 19th, 2016 | Associations, Environment, Events, Conferences,Forums and Symposiums, Marine Insurance | Read More

Legambiente joins Platform’s campaign for sustainable ship recycling

Legambiente joins Platform’s campaign for sustainable ship recycling
© Andreas Ragnarsson – http:// www.andreasragnarsson.com/portfolio/ portfolio/ Brussels, 19 September 2016 – The NGO Shipbreaking Platform welcomes onboard Legambiente, its first-ever Italian member organization.  Legambiente is a non-profit association created in 1980 for the safeguard...
September 19th, 2016 | Associations, Corporate Social Responsibility, Environment, Health and Safety, Pollution, Safety and Security, Ship Demolitions | Read More

Videotel Produces New Programme for Safe Navigation in one of the World’s Busiest Shipping Lanes

Videotel Produces New Programme for Safe Navigation in one of the World’s Busiest Shipping Lanes
Nigel Cleave “Safe Passage in the Singapore Strait” is a multi-national training initiative led by the maritime authorities of Indonesia, Malaysia, and Singapore MIDDLETOWN, RI, and LONDON, UK – September 19, 2016 – The Maritime and Port Authority of Singapore (MPA) has released a training...
September 19th, 2016 | Film Industry, Health and Safety, Maritime Education and Training, Press and Media, Safety and Security | Read More