CargoNet recorded 358 supply chain risk incidents across the United States and Canada.Of those 358 incidents, 58 percent involved theft of a trucking vehicle, 54 percent involved theft of cargo, and 7 percent were classified as fraud (often identity theft and wire fraud)…
“After the tragic loss of STELLAR DAISY, a quality and thorough investigation report will be needed quickly.”INTERCARGO is deeply concerned at the tragic loss of the VLOC vessel STELLAR DAISY reported on 31 March 2017; our thoughts are with the families and loved ones of the seafarers…
David Thompson, Investigator at UKP&I Club’s Signum Services consultancy arm at UK P&I Club, highlights the importance of cyber security at sea.While the use of computerized systems for everything from navigation to container inspection has enhanced the safety and security of vessels at sea…
Luke Lane, Senior Claims Executive at UK P&I Club, advises on the easing of the ‘180 day rule’. In October 2016 the U.S. Treasury, Office of Foreign Assets Control (OFAC) announced amendments to the Cuban Asset Control Regulations (CACR)…
George Devereese, Loss Prevention Adviser at UK P&I Club, advises on the Tri-Nation agreement to combat piracy in the Sulu Sea. It was announced last week that as of May 2017 Philippines, Malaysia & Indonesia will launch joint piracy patrols in waters of the Sulu Sea…
The Swedish Club has launched a new addition to its portfolio, Rules for Charterers’ Insurance, which has been written to recognize the specific needs of charterers and to ensure that cover can be more easily tailor made to meet their individual requirements…
U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial market, industry sources involved say.Britain…
The UK P&I Club announced its renewal results for 2017, which included a year-on-year net increase of 3.5 million entered metric tons of mutual business takes mutual-owned tonnage to approximately 139 million metric tons, an increase of approximately 2…
The joint effort undertaken by a Disaster Management team at the Port of Ngqura has helped to avert a potential maritime disaster and ultimately saved the container vessel APL Austria, which caught fire last weekend. Transnet National Ports Authority…
European Shipping Week will take place in Brussels from February 27 to March 2, and there delegates will focus on the correct packing of Cargo Transport Units (CTUs) and the safety issues that result from poor work practices. The Secretary-General of the International Maritime Organization (IMO)…
The UK P&I Club has promoted Senior Claims Director Jeff Lock to the newly created role of Global Technical Claims Director and Senior Claims Executive Adam Russ to Senior Claims Director. Jeff Lock joined UK P&I Club in 2011, having spent…
ICHCA International, the global cargo handling NGO, will co-host a seminar, “Safety in the Intermodal Supply Chain: Promoting the IMO/ILO/UNECE Code of Practice for the Safe Packing of Cargo Transport Units” in Brussels, February 27, as part of European Shipping Week…
During 2016 the International Marine Contractors Association (IMCA) announced it had changed its seminar strategy, replacing the traditional large annual event with a series of highly focused technical seminars. These proved very successful…
Following the Club’s Board meeting in Mumbai on January 24th, the Club has reported that the free reserves are expected to increase at the end of the policy year. Excellent underwriting performance continues with a positive investment return adding to the projected surplus…
Marine insurance provider Skuld announces the appointment of Paul Knighton as global head of marine cargo and marine property. He will join Skuld Syndicate 1897 in the summer. Knighton will enhance Skuld’s well-established marine cargo…
