Insurance News

 

UK P&I Club Helps Members ID, Manage Risk

Nov 27, 2014

The UK P&I Club is trialling a new self-assessment scheme for its entered ships. The scheme is designed to help the Club’s shipowner Members take a more hands-on role in identifying and controlling the risk of accidents on their vessels…

DGS Marine Advises Fixed Premium P&I Cover

Nov 21, 2014

DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has highlighted the benefits of fixed premium P&I cover for ship owners and operators in the Middle East…

WQIS President Hobbie to Retire

Nov 18, 2014

WQIS announces senior leadership change as president Richard Hobbie sets retirementRichard Hobbie III will retire from his position as President & CEO of the Water Quality Insurance Syndicate (WQIS) after four decades as underwriter, claims manager and board member…

North P&I Club Announce 4.75% Increase

Nov 17, 2014

Directors of the 180 million GT North P&I club have decided on an overall premium increase of 4.75% for mutual protection and indemnity (P&I) cover next year, with a minimum increase per member of 2.5%. According to North’s chairman Pratap Shirke…

London P&I Club: Focus on Night Orders

Nov 13, 2014

The London P&I Club says its ship inspection department has recently observed a number of negative findings in connection with masters’ night order books.In the latest issue of its StopLoss Bulletin, the club notes, “The value of masters’…

Convicted Crew of Korean Ferry File Appeals

Nov 13, 2014

Eight of the 15 surviving crew members of a South Korean ferry that capsized in April have filed for appeal against their convictions on negligence charges in the country's worst maritime disaster in more than four decades.The eight crew members…

The Pitfalls of Confidentiality Agreements

Nov 11, 2014

ITIC has advised shipbrokers, consultants and other advisers not to sign confidentiality agreements which restrict their ability to do business.Noting that it is increasingly being asked to comment on confidentiality (or so-called nondisclosure) agreements…

S. Korea Prosecutor to Appeal Ferry Crew Verdicts

Nov 11, 2014

A South Korean prosecutor said on Tuesday his team would appeal against court rulings on the 15 crew of a capsized ferry who were given prison terms ranging from five to 36 years.The captain of the ferry, which sank killing about 300 people…

S.Korea Ferry Captain Gets 36 years

Nov 11, 2014

The captain of a South Korean ferry that capsized in April killing 304 passengers was jailed for 36 years on Tuesday after a court found him guilty of negligence, but was acquitted of homicide for which prosecutors had sought the death penalty…

Caterpillar's Rich Moore to Speak at Goldman Sachs 2014

Nov 11, 2014

Caterpillar Inc. Director of Investor Relations Rich Moore will speak at the Goldman Sachs 2014 Industrials Conference on Thursday, November 13. He is scheduled to speak at 11:20 a.m. Eastern Time. No presentation materials will be available…

Contamination: Primary Cause of Tank Container Claims

Nov 06, 2014

Freight transport insurer TT Club reveals detailed results of its claims survey highlighting tank container incidents: contamination accounts for nearly half with damage to tanks adding another thirdSpeaking at the Asia Tank Container Organization’s General Meeting in Shanghai yesterday…

LOC Establishes Mumbai Office

Nov 04, 2014

London Offshore Consultants (LOC) has opened an office in the district of Vile Parle East in Mumbai, India.Paul Miles, Regional Head of the Middle East, India and Caspian for the LOC Group said, “We have recruited Rohan Murray who is a marine…

Seminar Delivers P&I Insights in Cyprus

Nov 04, 2014

DGS Marine held the first BE&O P&I Seminar in Limassol, Cyprus. Hosted by Captain Andreas Efthimiades, Head of DGS Marine’s Cyprus office and Director of Claims, the seminar was attended by delegates from Cyprus’ shipping and insurance community…

Staying The Same is Not Good Enough - OPITO

Nov 04, 2014

Global safety standards body, OPITO, says safety in the oil and gas industry is still not good enough despite a five year improvement in the Middle-east. At its fifth annual safety and competence conference (OSCC 2014) in Abu Dhabi today (4 November 2014)…

DGS Marine Orgainses 1st BE&O P&I Seminar

Nov 04, 2014

DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has held the first BE&O P&I Seminar in Limassol, Cyprus.Hosted by Captain Andreas Efthimiades, Head of DGS Marine’s Cyprus office and Director of Claims…

Logistics News

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

Potential Return of Container Ships to Red Sea Following US-Houthi Ceasefire Could Collapse Freight Rates

Liebherr Marks 25 years of RTGs with Enhanced Product Range

Liebherr Marks 25 years of RTGs with Enhanced Product Range

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