Insurance News

 

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…

Braemar Hosts Insurance Experts

Oct 30, 2014

Braemar (incorporating The Salvage Association) welcomed an invited group of marine insurance professionals onto its specialist port and shipyard familiarization course in Falmouth designed to introduce participants to the technical aspects of marine surveying…

Monitoring U.S. Troops Returning from Ebola Mission

Oct 30, 2014

Secretary Hagel has signed an order that validated a recommendation from the Joint Chiefs of Staff to place all U.S. military service members returning from Ebola response efforts in West Africa into a 21-day controlled monitoring regimen…

UK P&I Club: 6.5% General Increase for 2015

Oct 29, 2014

The UK P&I Club board has agreed at its meeting on October 27, 2014 that the general increase for the 2015 renewal will be 6.5%.The premium rating increase is in addition to any change in the cost of the international group reinsurance premium for 2015 for the mutual members…

WTO Publishes Annual Package of Trade and Tariff Data

Oct 29, 2014

The WTO released on 28 October 2014 new editions of its key statistical publications: International Trade Statistics, Trade Profiles, World Tariff Profiles and Services Profiles. The four publications provide a detailed breakdown of the latest trade developments…

North P&I Club Advises Inclusion of Ebola-Specific Clauses

Oct 28, 2014

The 180 million GT, ‘A' rated North P&I Club is advising shipowner Members to take great care to protect the health of their crew members when calling at ebola-affected ports in west Africa. In the latest issue of its loss prevention newsletter Signals…

FONASBA Endorses ITIC' s Post-Fixture Clause

Oct 27, 2014

ITIC has recommended that brokers place a post-fixture clause at the end of recap messages to reduce the chances of exposure to severe financial loss as a result of important messages being overlooked. The following wording was endorsed…

Newport Shipping Debuts New Revenue Sharing Concept

Oct 24, 2014

London-based ship manager Newport Shipping has introduced a new revenue sharing agreement (RSA) concept to the Handysize bulk carrier sector and will now market the scheme under Newport Handy Bulkcarriers.The RSA concept, proven in the larger Supramax…

London P&I Club Warns on Failure to Preserve VDR Data

Oct 24, 2014

The London P&I Club saidfailure to preserve Voyage Data Recorder (VDR) data in the event of an incident can compromise the owner’s position in the event of a claim.In the latest issue of its StopLoss Bulletin, the club says that its ship…

ICS: Oil Pollution Compensation Regime under Threat

Oct 14, 2014

The running of the global regime for compensation from oil pollution from ships may be under threat, due to a decision by governments to wind up the 1971 International Oil Pollution Compensation Fund (IOPCF), says the International Chamber of Shipping (ICS)…

Ship Owners and Managers Gather in Singapore

Oct 10, 2014

Ship owners and managers will gather in Singapore next week to examine the strengths of their relationship and consider the state of the global shipping industry during the first International Shipowning and Shipmanagement Summit.Taking…

Unique Investment Opportunity in Antwerp Port

Oct 10, 2014

A unique, particularly attractive investment location of 96 hectares has become available in the port of Antwerp, the second largest port in Europe. The site in the heart of the European Union is particularly suitable for industrial development…

Logistics News

PSA Singapore Chooses Motorola Solutions’ TETRA Radio Technology During Port Expansion

PSA Singapore Chooses Motorola Solutions’ TETRA Radio Technology During Port Expansion

How the MV Estonia Disaster Reshaped Passenger Ship Safety

How the MV Estonia Disaster Reshaped Passenger Ship Safety

Hazardous Cargo Compensation Regime Close to Entry into Force

Hazardous Cargo Compensation Regime Close to Entry into Force

Iran Could Offer Oman Exit Proposal

Iran Could Offer Oman Exit Proposal

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