Insurance News

 

Denmark Updates Insurance Claims Requirements

Mar 18, 2014

Ships without P&I insurance for maritime claims must inform the Danish Maritime Authority about their insuranceDanish ships with a gross tonnage of or above 300 without a Certificate of Entry in a P&I Club from the international group of…

Future Care, Yale School of Medicine to Host CMA Panel

Mar 13, 2014

Future Care Inc., a provider of healthcare management services to the maritime community, and Yale University Department of Occupational & Environmental Medicine will host a panel discussion: 'Injury and Illness at Sea- New Developments in Emergency Response and Telemedicine…

Allianz: Shipping Losses Decline but Risks Remain

Mar 13, 2014

Shipping losses decline, but emerging risks pose serious challenges to marine industry, according to Allianz study. 94 large ships lost worldwide in 2013, down 20% from last year. Total ship losses in continental U.S. hits all time low…

Carnival cruise passengers sue seeking $5,000 a month for life

Mar 11, 2014

A group of passengers suing Carnival cruise lines for damages after an engine fire left their ship adrift for days are asking the company to pay $5,000 a month for the rest of their lives for medical bills and mental anguish.A lawsuit brought…

North P&I, Sunderland Merge to Form North Group

Mar 03, 2014

North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) merged to form the North Group on Friday 28 February 2014 following approval by the Bank of England’s Prudential Regulatory Authority and other U…

Marine Professionals' Instrument Insurance: New Cover Highlighted

Mar 02, 2014

Marine Surveyors, Marine Engineers as well as off-shore contractors and other marine professionals can now access specialist marine equipment cover advises UK-based Insurance Risk & Claims Management (IRCM).IRCM say that the cover is ideal for a variety of marine-based specialists…

Hold-harmless Clauses May Not Be So Harmless

Feb 28, 2014

ITIC has warned that the so-called ‘hold harmless’ clauses in many of the contracts entered into by its members may contain pitfalls which could prejudice their rights. A mutual hold-harmless indemnity clause should provide that each party…

Two Years after Concordia Wreck, Captain Returns Aboard

Feb 27, 2014

Schettino's first visit aboard since 2012 shipwreck; Former captain accompanying investigators as defendant as new probe into unauthorized visit by Costa officials unfolds.The captain of the Costa Concordia, Francesco Schettino, went back…

UK P&I Club Announces Positive Renewal

Feb 25, 2014

The UK P&I Club, one of the oldest shipping protection and indemnity mutual insurers, announced its renewal for 2014 following the closure of the renewal season on February 20: Another positive result with a net increase of a million…

Shipowners' Club P&I Offers MLC 2006 Wage Insurance

Feb 24, 2014

In response to specific market demand for insurance cover not formerly available, the Shipowners’ Club has launched a policy for its high net worth super yacht client base to indemnify them against Seafarers Unpaid Wages Following Abandonment (SUWFA)…

Watkins Syndicate Appoints Senior Underwriters

Feb 18, 2014

Watkins Syndicate Singapore Pte. Ltd. has appointed two senior underwriters to bolster its expanding presence in the Asia Pacific region. Watkins Syndicate Singapore, which is part of the Lloyd’s Asia Platform and represents Watkins Syndicate 457 at Lloyd’s…

A Call for Vessel Refuge Guidelines

Feb 13, 2014

Shipowners, Salvors and Insurers – through their respective trade associations – have jointly called for the prompt and proper implementation of international measures to provide a Place of Refuge for stricken vessels, following a series of…

Aker Shipyard Provides Clarification on Crane Incident

Feb 13, 2014

Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (AKPS) has released an update regarding an incident that occurred yesterday at its facility. According to Aker, numerous factually incorrect news reports have emerged…

London Club Stresses Need to Observe Passage Planning

Feb 10, 2014

The London P&I Club said it has seen a rise over the past 12 months in the number of deficiencies relating to Temporary and Preliminary (T&P) notices to mariners, and an increase in negative findings in relation to the management of radio navigation and meteorological warnings…

Aberdeen Conference Examines Human Risk

Jan 29, 2014

Risk management experts from around the world will gather in Aberdeen on March 5 for a conference that will set the agenda for dealing with the issue and impact of human risk in the oil and gas industry.The first international conference…

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

Subscribe for Maritime Logistics Professional E‑News

Cargill and LDC among the winners of Brazil's port auction
Adani Ports in India beats its quarterly profit forecast on the back of higher cargo growth
Grid says solar is not responsible for the blackout in Spain, but Sanchez was pressed by Sanchez to explain it.