Insurance News

 

Swedish Club Maintains Steady Performance

Feb 19, 2016

The Swedish Club has reported that its results ahead of the closure of the renewal season on February 20, 2016, will show numbers being on a par with last year, in line with its policy of balanced growth and solid performance. It is anticipated…

UK P&I: Communication, Team Work Vital During Pilot Operations

Feb 16, 2016

A joint study by UK P&I Club and Solis Marine Consultants found ‘human error’ and the breakdown of communications on the bridge is a major contributing factor in claims. Stuart Edmonston, Loss Prevention Director at UK P&I Club, and Captain John Simpson…

WQIS Hires Mongello as COO and Senior VP

Feb 12, 2016

WQIS, underwriter of pollution liability insurance for marine vessels, has created the new position of Chief Operating Officer and has selected Justin A. Mongello to fill the role, as well as that of Senior Vice President. Mongello holds…

More Strikes Planned at Greek Ports

Feb 03, 2016

A new 24-hour general strike in Greece is planned for February 4, by both public and private sector unions, while the Seamen’s Union is scheduling another 48-hour strike on the same date, Inchcape Shipping Services (ISS) is advising.The…

North P&I Club Retains S&P A Rating

Feb 02, 2016

Ratings agency Standard and Poor’s (S&P) has given North P&I Club an ‘A’ financial strength rating and stable outlook for the 12th consecutive year, and increased its financial flexibility rating from adequate to strong. The ratings also apply…

Shipping Lawyer, Lovell Joins Reed Smith

Feb 01, 2016

Global law firm Reed Smith has announced the arrival of market-leading admiralty and casualty response lawyer, Richard Lovell, as a partner in the firm’s Singapore office. Richard joins Reed Smith from Ince & Co, where he was head of shipping and managing partner of the firm’s Singapore office…

Supreme Court Stays Green Tribunal Order on Adani Hazira Port

Jan 28, 2016

Adani Hazira Port Private Limited (AHPPL), a 100% subsidiary of Adani Ports and Special Economic Zone Limited, had challenged the order dated 8.1.2016 passed by the National Green Tribunal, Pune, inter alia, cancelling the EC 3.5.2013 for expansion of facilities at Adani Hazira Port…

GAC’s Meena Wins IMC Golden Shield Award

Jan 28, 2016

The International Maritime Club presented Meena Mathews, GAC’s Regional P&I Manager for the Middle East, with its Excellence in Marine Claims Management accolade at the IMC Excellence Awards ceremony at the Ocean Blue in Sharjah, UAE, this week…

P&I Clubs Warns: Potentially Lethal Refrigeraton Gas Risks

Jan 26, 2016

The 175 million GT, ‘A’ rated North P&I Club has joined forces with the Shipowners’ Club to publish a technical loss prevention briefing on how to minimize potentially lethal gas risks arising from poor operation and maintenance of refrigeration systems on fishing vessels…

MSC Monica Refloated

Jan 26, 2016

Panama-flagged container ship MSC Monica, which ran aground on the St. Lawrence River near Saint-Laurent, Quebec city, Canada on January 22, was refloated, according to the Transportation Safety Board of Canada (TSB). The 43,618 dwt container vessel was sailing from Montreal to St…

UK P&I Club Appoints Singapore Regional Advisor

Jan 25, 2016

The UK P&I Club announced the appointment of Mr Lee Wai Pong, who is joining the UK P&I Club in Singapore as a Regional Advisor.  Wai Pong is a qualified Master Mariner, a retired Commanding Officer (Reservist) from the Republic of Singapore Navy…

Global Insurers Plot Cautious Course to Iran

Jan 24, 2016

* Iranian insurers see tie-up interest from foreign players* Local insurance market worth $7.4 bln in premiums* Iranian players seeking credit ratings to help partnerships* Caution remains over U.S. restrictions still in placeBy Bernardo Vizcaino and Carolyn CohnSYDNEY/LONDON…

UK P&I Club Aids ‘Wellness at Sea’ Program

Jan 22, 2016

The UK P&I Club announced it will be supporting the Sailors’ Society Emotional Wellness training module within its Wellness at Sea coaching program. The training, the second in a set of five modules, is designed to improve emotional wellbeing…

Safe Harbor Pollution Insurance Broadens In-house Capacity

Jan 20, 2016

Safe Harbor Pollution Insurance broadens panel of security, increases marine pollution capacity  Vessel pollution liability insurance company Safe Harbor Pollution Insurance announced it has expanded its carrier partnerships to include Berkshire…

North P&I Publishes Loss Prevention Guide on Bulk Cargoes

Jan 20, 2016

The 175 million GT, ‘A’ rated North P&I Club has published a major new guide for the international shipping industry on how to reduce losses when carrying bulk cargoes by sea. The 280-page Bulk Cargoes: A Guide to Good Practice adds to North’s…

Logistics News

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

Subscribe for Maritime Logistics Professional E‑News

Sources say that I Squared is eyeing a majority stake in the natgas pipeline Matterhorn.
Stocks rise on positive jobs data and signs of trade tensions easing
PJM Selects 51 US Projects for Additional Power Generation Capacity