International Transport Intermediaries Club (ITIC) recently represented a shipbroker accused by an owner of breach of warranty of authority in a dispute arising under a non-performing contract of affreightment (CoA).The shipbrokers had negotiated…
Dozens of containers with items including flat-screen televisions washed up on the Dutch islands of Terschelling and Vlieland after a vessel lost its cargo in heavy seas, a report by RTL Nieuws said, citing a Dutch coast guard.The RTL report…
Maersk Line is expanding its commercial offering with the introduction of an extended liability solution, Value Protect, which will act as a substitute to regular cargo insurance, in protecting customers’ cargo.'Maersk is expanding its commercial offering and introduces Value Protect…
International Transport Intermediaries Club (ITIC) has warned its members to perform proper bank account checks when transferring funds to principals and intermediaries.The warning comes following the fraudulent diversion of a significant sum…
As the cost inflation is set to accelerate on higher insurance premiums, average vessel operating costs rose modestly for the second year in succession following two years of marked declines, according to the latest report published by global shipping consultancy Drewry…
THE London P&I Club has published a loss prevention guide on risks associated with the carriage of coal cargoes, with particular emphasis on gas monitoring and ventilation.The guide, written by Paul Willis, Senior Associate with UK-based forensic…
The American Institute of Marine Underwriters (AIMU) elected the following slate of officers at its annual Board of Directors meeting on November 15:•Michael McKenna of Navigators – Chairman•Michael Csorba of Great American – Vice Chairman•Tony…
THE London P&I Club has joined forces with London Offshore Consultants (LOC) to produce a guide to the proper management of ECDIS (Electronic Chart Display and Information System) on board ships.The driving force behind the publication, ‘Is…
The world’s fourth largest P&I club announced Thursday that it is withdrawing from underwriting at Lloyd’s from 2019.The Standard Club had established a syndicate in 2015 to underwrite marine and energy risks. It represented one strand of the…
Global marine insurer provider North P&I Club has further strengthened its underwriting team with the appointment of a new U.K. based underwriter combined with some operational changes to a number of senior underwriting roles.Tom McLoughlin joined the team as an Underwriter last week…
In a joint initiative, the American Club and Seamen's Church Institute (SCI) have cooperated to produce a new guide, Caring for Seafarers’ Mental Wellbeing, due for release on October 10 in recognition of World Mental Health Day, 2018.The document…
London based P&I club Britannia said it has finalized plans to open its Greek office in Piraeus as part of an ongoing expansion of the club’s regional hub network.The Greek office will be headed by David Harley who recently returned to the London…
Britannia Maritime Consultants has announced two senior appointments as part of its expansion into the marine casualty response market.Mike Hammond will head up a new claims and insurance department while Stephan Dimke will provide technical support for digital navigation issues…
Maersk has implemented new guidelines on dangerous goods stowage that aim to improve safety practices across its fleet in the wake of the fire aboard containership Maersk Honam that killed five crewmembers earlier this year.Following the deadly fire…
Britannia Maritime Consultants has announced two senior appointments as part of its expansion into the marine casualty response market.Mike Hammond will head up a new claims and insurance department while Stephan Dimke will provide technical support for digital navigation issues…
