The UK P&I Club is trialling a new self-assessment scheme for its entered ships. The scheme is designed to help the Club’s shipowner Members take a more hands-on role in identifying and controlling the risk of accidents on their vessels…
DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has highlighted the benefits of fixed premium P&I cover for ship owners and operators in the Middle East…
WQIS announces senior leadership change as president Richard Hobbie sets retirementRichard Hobbie III will retire from his position as President & CEO of the Water Quality Insurance Syndicate (WQIS) after four decades as underwriter, claims manager and board member…
Directors of the 180 million GT North P&I club have decided on an overall premium increase of 4.75% for mutual protection and indemnity (P&I) cover next year, with a minimum increase per member of 2.5%. According to North’s chairman Pratap Shirke…
The London P&I Club says its ship inspection department has recently observed a number of negative findings in connection with masters’ night order books.In the latest issue of its StopLoss Bulletin, the club notes, “The value of masters’…
Eight of the 15 surviving crew members of a South Korean ferry that capsized in April have filed for appeal against their convictions on negligence charges in the country's worst maritime disaster in more than four decades.The eight crew members…
ITIC has advised shipbrokers, consultants and other advisers not to sign confidentiality agreements which restrict their ability to do business.Noting that it is increasingly being asked to comment on confidentiality (or so-called nondisclosure) agreements…
A South Korean prosecutor said on Tuesday his team would appeal against court rulings on the 15 crew of a capsized ferry who were given prison terms ranging from five to 36 years.The captain of the ferry, which sank killing about 300 people…
The captain of a South Korean ferry that capsized in April killing 304 passengers was jailed for 36 years on Tuesday after a court found him guilty of negligence, but was acquitted of homicide for which prosecutors had sought the death penalty…
Caterpillar Inc. Director of Investor Relations Rich Moore will speak at the Goldman Sachs 2014 Industrials Conference on Thursday, November 13. He is scheduled to speak at 11:20 a.m. Eastern Time. No presentation materials will be available…
Freight transport insurer TT Club reveals detailed results of its claims survey highlighting tank container incidents: contamination accounts for nearly half with damage to tanks adding another thirdSpeaking at the Asia Tank Container Organization’s General Meeting in Shanghai yesterday…
London Offshore Consultants (LOC) has opened an office in the district of Vile Parle East in Mumbai, India.Paul Miles, Regional Head of the Middle East, India and Caspian for the LOC Group said, “We have recruited Rohan Murray who is a marine…
DGS Marine held the first BE&O P&I Seminar in Limassol, Cyprus. Hosted by Captain Andreas Efthimiades, Head of DGS Marine’s Cyprus office and Director of Claims, the seminar was attended by delegates from Cyprus’ shipping and insurance community…
Global safety standards body, OPITO, says safety in the oil and gas industry is still not good enough despite a five year improvement in the Middle-east. At its fifth annual safety and competence conference (OSCC 2014) in Abu Dhabi today (4 November 2014)…
DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has held the first BE&O P&I Seminar in Limassol, Cyprus.Hosted by Captain Andreas Efthimiades, Head of DGS Marine’s Cyprus office and Director of Claims…