Insurance News

 

North P&I Stresses the Importance of a Working Language

Apr 22, 2014

The 180 million GT North P&I club has reminded shipowners of the importance of making sure that an appropriate working language is used on their ships and that seafarers are practised at speaking it. According to head of loss prevention Tony Baker…

Markel Boosts Marine Underwriting Team in Asia

Apr 21, 2014

Markel International, the specialist insurer, has appointed Luke Tidey as an assistant marine underwriter in its Singapore office.  Luke joins from Markel International’s Stockholm office where he held the same position. Prior to that…

Japan Expresses Concern Over Chinese Ship Seizure

Apr 21, 2014

The Japanese government has expressed its concerns to China via diplomatic channels over the seizure of a Mitsui O.S.K. Line Ltd ship by a Chinese court in connection with a case over wartime claims, Kyodo news agency reported on Monday.A…

InterManager Welcomes New Protection for Seafarers

Apr 17, 2014

InterManager said it welcomes the adoption of new measures to protect seafarers against abandonment.Amendments to the Maritime Labour Convention 2006, agreed at a meeting of the International Labour Organization in Geneva last week, will…

S.Korean Ferry Master Faces Investigation

Apr 17, 2014

The captain of the South Korean ferry that capsized off the southwest coast was facing a criminal investigation on Thursday, an official said, amid unconfirmed reports that he was one of the first people to jump to safety as the vessel began sinking…

Seacurus Calls for Speedy Implementation of MLC Amendments

Apr 16, 2014

Specialist marine insurance intermediary Seacurus has welcomed the agreement to include in the Maritime Labor Convention unpaid crew wages in the event of abandonment, and has called for the earliest possible implementation of draft proposals…

Coast Guard Seeks Comment on New Safety Training

Apr 14, 2014

U.S. Coast Guard advance notice of proposed rulemaking seeks comments on maritime safety training requirements The U.S. Coast Guard Monday, April 14, 2014, announced the publication of an advance notice of proposed rulemaking involving the…

Braemar Appoints Group Managing Director

Apr 14, 2014

The Board of Braemar Adjusting announced the appointment of Geoff Jones as Group Managing Director of the company with immediate effect.Grant Smith, Chief Executive Officer of Braemar Adjusting, said, “Geoff brings to the company a vast wealth of knowledge and experience…

Padbury Mining Secures $6.5 Bln Port Funding

Apr 10, 2014

Australia's Padbury Mining Ltd said it had secured almost $6.5 billion in funding to build a new deepwater port and railway at Oakajee in Western Australia, potentially opening a new export hub for the region's iron ore riches. Plans for…

Fitter Crews and Fewer Claims

Apr 10, 2014

The UK P&I Club’s Pre-Employment Medical Examination Program has just completed its 300,000th examination. At the beginning of April, Edward Nefuda, a Second Engineer from Anglo-Eastern Crew Management Phils, Inc, was successfully passed…

TT Club Pinpoints Risks for Logistics Operators

Apr 09, 2014

The overwhelming majority of insurance claims analysed by TT Club have showed that costly damages and loss, as well as serious bodily injury can be prevented or significantly minimised by sensible and concerted risk management efforts.Speaking…

NTSB: Seastreak Allision due to loss of vessel control

Apr 09, 2014

The National Transportation Safety Board determined today that the ferry Seastreak Wall Street struck Pier 11 in Lower Manhattan in January 2013, because the captain lost control of the vessel while attempting to dock. Additionally, the procedure…

High Cost of English Litigation for Shipbrokers

Apr 03, 2014

A survey of London solicitors by ITIC has highlighted the high cost of litigation for shipbrokers and others seeking judgment in the English courts.ITIC gave a panel of London solicitors – all of whom had previously been instructed on…

DGS Reports Significant P&I Growth

Mar 27, 2014

Increase take-up following 2014 P&I renewals as ship owners look to cut operating costs and control insurance spendDGS Marine, a global P&I (protection and indemnity) management provider, and exclusive manager for the British European and Overseas (BE&O) P&I facility…

New DPO Certification Authority Announced

Mar 21, 2014

OSVDPA seeks to start training and certifying DPOs by the end of this year.A new organization, the Offshore Service Vessel Dynamic Positioning Authority, Inc. (OSVDPA), held its first board meeting Thursday, March 12, charting the course…

Logistics News

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

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

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