Insurance News

 

26-year Jail Term Sought for Concordia Master

Jan 26, 2015

An Italian prosecutor asked a court on Monday to sentence the captain of the Costa Concordia cruise liner to more than 26 years in jail for his role in the 2012 disaster that killed 32 people.Francesco Schettino was the commander of the vessel…

New Defense Cooperation with India

Jan 26, 2015

Today, on his historic visit to India, President Obama and Prime Minister Modi announced new, ground-breaking agreements on defense cooperation between India and the United States that promise to open a new chapter in our defense relationship and mark an important milestone in the U…

U.S. Refinery Workers' Contract Talks Moving Slowly

Jan 25, 2015

With just a week of bargaining left until the national contract for U.S. refinery workers expires, the United Steelworkers union (USW) said talks with oil company representatives for a new pact were going slow, according to a Twitter message sent to members…

Winners of Walter B. Jones Memorial Awards Named

Jan 21, 2015

Eleven individuals and organizations have been named as winners of the 2014 Walter B. Jones Memorial Awards for Excellence in Coastal Ocean Resource Management, an award given by NOAA’sOffice for Coastal Management for exemplary leadership…

Shipowners’ P&I Club Names Swallow Chief Executive

Jan 15, 2015

Following a board meeting on January 15, the Shipowners’ P&I Club has announced the appointment of Simon Swallow as chief executive, in succession to Charles Hume, with effect from March 9.Chairman, Philip Orme, said, “Simon is very well known in the market…

Fidelis Group Launches Ocean Cargo Division

Jan 14, 2015

Fidelis Group launches ocean cargo division; Doug Fischer and Crystal Prout named managing directorsFidelis Group Holdings, LLC (FGH) with its subsidiary company Continental Underwriters, Ltd. announced  the formation of its new ocean cargo division…

John Anthony Chamberlain

Jan 05, 2015

A Founding Father of Signal Passes Away (December 12, 1940 – January 1, 2015). It is with great sadness that the Managers of Signal Mutual Indemnity Association Ltd. must report the unexpected passing of John Chamberlain at the age of 74…

Merchant Ships Collide, Six Feared Dead

Dec 29, 2014

Two people drowned and four were missing at sea and feared dead after two merchant ships collided in rough seas off the Italian coast on Sunday, Italian officials said.A Turkish ship with 11 crew members sank after the collision with a vessel…

General Dynamics Contibute $0.5 mi to CIMVHR

Dec 24, 2014

General Dynamics Canada is proud to announce a contribution of half a million dollars over three years to support the work of the Canadian Institute for Military and Veteran Health Research (CIMVHR). The contribution will fuel research into understanding…

DSG Marine Asks Shipowners to Consider Fixed Premium P&I Cover

Dec 19, 2014

P&I Insurance Seminar for Owners and Charterers held in MumbaiDGS Marine, a global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I Facility, has advised Indian shipowners to consider the benefits of fixed premium P&I cover…

US Obamacare Impacts the Global Marine Industry

Dec 18, 2014

The Affordable Care Act (ACA), otherwise known as Obamacare, the recent healthcare plan in the United States, is affecting the international superyacht industry, according to yacht insurance expert Eva Maria Karlsson of Superyacht Insurance Group (SYIG)…

Oz For a Sustainable Naval Shipbuilding Industry

Dec 09, 2014

Senator David Johnston, the Australian Minister of Defence announced about the government's was committed to creating a sustainable naval shipbuilding industry. He informed that the Government would be investing in a safe and secure Australia…

Errors Result in Claims Against Ship Agents

Dec 08, 2014

Careless errors by ship agents are resulting in costly claims, according to ITIC.In the latest issue of its Claims Review, ITIC cites the case of a ship agent which incorrectly calculated two pro-forma invoices in respect of port dues, using the cheaper rate for a cargo of malt…

American Club Strengthens Asia Presence

Dec 05, 2014

Katherine Wang, who is well known in Asian P&I circles, has joined the American Club as assistant vice president and marketing manager for Greater China and Northern Asia. In the first instance she will be stationed in the Hong Kong office of the club's managers…

High Seas Becoming Less Secure

Nov 28, 2014

Despite the significant reduction in piracy attacks over the last few years it is now widely accepted by the maritime community that the safety of the High Seas cannot always be guaranteed by Governments. The future of security in the marine…

Logistics News

Swire Shipping Bans Carriage of Donkey Skins

Swire Shipping Bans Carriage of Donkey Skins

Vietnamese Imports From China and Export to US Reach Record High

Vietnamese Imports From China and Export to US Reach Record High

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

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