Drydocks World group the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber Corporate Social Responsibility Label in recognition of their efforts and contribution to excellence in various areas of social responsibility…
GOST (Global Ocean Security Technologies), celebrating its 10th year as a world leader in marine security, tracking, monitoring and video surveillance systems, announced today the successful recovery of a stolen vessel in the Bahamas.On April 10…
International Transport Intermediaries Club (ITIC) has recently supported a claim for ship sale commission by a shipbroker wrongly accused by a shipowner of incompetence.The shipbroker had entered into an exclusive commission agreement with a shipowner…
A working group led by Denmark and Indonesia met in the IMO to consider the need to regulate the issue of transboundary oil pollution, on 13 April,33 countries and a number of international organisations have just met at the IMO headquarters…
UK P&I Club provides practical guidance in relation to contractual issues on the ongoing conflict in Yemen. Members are advised to contact the Club if they anticipate issues arising from contractual obligations on proceeding to Yemen. The following guidance addresses the key issues Members may face…
The Round Table of international shipping associations (RT) comprising BIMCO, ICS, Intercargo and INTERTANKO announced today that they are developing standards and guidelines to address the major cyber security issues faced by the shipping industry…
The United States is planning to impose a major new regulation on offshore oil and gas drilling to try to prevent the kind of explosions that caused the catastrophic BP Plc oil spill in the Gulf of Mexico, the New York Times reported on Friday…
Who – shipowner or insurer – should bear the costs of any action taken to prevent a stricken vessel from getting into further costly difficulties? A seminar organized jointly by the Association of Average Adjusters and the International Underwriting…
Markel International, the specialist insurer with a worldwide product portfolio, hosted a seminar on insolvency issues in Singapore earlier today.The seminar which was attended by around 70 brokers, lawyers and business professionals from a range of industries…
Cooperation between the shipowner, their underwriters, salvors and shore-based authorities is vital for a successful salvage operation and should begin at first notification of a casualty. This cooperation, however, should begin long before there is a casualty with contingency planning…
AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly in the offshore and renewable energy sectors.AKD partner Haco van der Houven van Oordt says…
The Swedish Club reported a solid operating result to its board today, continuing a record of building on steady growth. 2014 was seen as a stable year, where the underwriting result outperformed the financial performance and the insurance…
Identifying, understanding and mitigating risk are all at the heart of PJ Jacquelin’s unique career. Where he came from first has made all the difference. PJ Jacquelin joined Barney and Barney – a Marsh & McLennan Agency LLC Company since…
Assent Medical Cost Management has named Renee Hughes as the Senior Business Development Executive. Hughes will direct business development for domestic and international maritime bill review and negotiation for Assent. She will target P&I clubs…
An explosion at an oil field in southeastern New Mexico killed one worker and seriously injured another while the men were installing a drilling pipe on Wednesday afternoon, the Lea County undersheriff said on Thursday.The dead man was identified as James Rusty Harrison…
