The American Club reported progress during 2013 at the annual meeting of its members held in New York today. Despite difficult business conditions, including those intrinsic to an anemic maritime sector hampered by faltering growth in global trade…
Marine insurance intermediary Seacurus has called for enforcement of Port State Control regulations in the lead-up to adoption of amendments to the Maritime Labour Convention 2006 designed to protect seafarers who have been abandoned or injured on the job…
February 20, 2014 not only marked the end of The Standard Club’s financial year, but also revealed evident improvement. The club’s combined ratio strengthened to 101%, from 113% in 2013. Gross premium income net of reinsurance increased by $22m to $253m…
Allianz Group’s specialist corporate insurer, Allianz Global Corporate & Specialty (AGCS), announce the appointment of Steve Kennedy as Head of Corporate Property and Inland Marine Claims, replacing Tony Clark who retired at the end of January 2014…
According to estimates, of the nearly 475m metric tons of rice produced globally in 2013, the largest producers were China (30% of the total) and India (22%). However, most of the rice produced in these countries is consumed domestically. By contrast…
The International Council of Marine Industry Associations’ (ICOMIA) Superyacht Refit Group, which represents quality refit, repair and maintenance yards, has launched the latest revision of its Standard Framework Contract. Developed by the Refit…
Andrew Squire, Chief Executive of London Offshore Consultants (LOC) welcomed Captain Nick Haslam to the newly created Board position of Group Director, Shipping Services.'Nick’s crucial new global role will involve working closely with the…
Leading ship supplier The Hutton’s Group has strengthened its Aberdeen logistics team with the appointment of a new Branch Manager. Kirstene Wilson starts work today at the firm’s Sinclair Road depot, having completed a week’s induction training at Hutton’s head office in Hull…
In a speech given at the ASEAN Ports & Shipping Conference in Jakarta, Phillip Emmanuel, Regional Director Asia-Pacific of the freight transport insurance specialist TT Club, called for operators to do more to minimize preventable accidents that result in bodily injury…
Leaders of the maritime industry will convene in Washington, D.C. on June 19 with representatives of the relevant government agencies to have a dialogue addressing concerns with, and ways to improve, the recently published draft National Preparedness for Response Exercise Program (NPREP) guidelines…
Having an excellent set of Standard Terms and Conditions (Terms) in your desk drawer or on your website, is all very well, but unless you have incorporated them into your dealings with your client, they will not form part of your legal relationship…
BMT Group Ltd (BMT) has announced a solid financial performance for the year to September 30, 2013. Although market conditions have been challenging, BMT secured revenues of £163.3m, an increase of 5% year on year, with underlying operating profits of £11…
During a recent tour of northeast England, Lord Livingston, the UK’s Minister for Trade and Investment, visited the Gateshead headquarters of Seacurus which, in April 2013, launched CrewSEACURE, the first ever insurance policy designed exclusively…
The latest round of funding under the Skilling Australia’s Defence Industry (SADI) initiative was announced today by Minister for Defence, Senator David Johnston.Senator Johnston said more than $5 million in funding would be made available…
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced the appointment of Captain Rahul Khanna to Global Head of Marine Risk Consulting, effective July 1, 2014. In this position, Captain Khanna…