Insurance News

 

North P&I and Sunderland Marine to Merge

Jan 29, 2014

The members of North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) have voted in favor of the clubs' recent proposals to merge. A target date of February 21, 2014 has been set for the merger…

When is a Ship Not a Ship?

Jan 28, 2014

Does your insurance coverage fit your operation?No business likes to hear the word “denied” from their insurance company. But when a business purchases an insurance policy, it enters into a contract that carefully outlines what insurance protection is being offered to the business…

Missing Tanker Found; Account of Pirate Attack Disputed

Jan 27, 2014

M/T Kerala vanished on January 18 off Angola; Angolan Navy says hijacking faked. The Angolan Navy is claiming that the crew of an oil tanker reported missing off its coast on Jan. 18 were part of faked pirate attack. Separately, a regional…

London P&I Club Renews Warning on Cargo Liquefaction

Jan 23, 2014

The London P&I Club said the lifting of an iron ore ban in India, together with the recent total loss of two ships, has put the spotlight once again on the problem of cargo liquefaction.In the latest issue of its StopLoss Bulletin, the club said…

A Holistic Approach to Crew Insurance

Jan 22, 2014

“In 2014, does it still make sense for P&I Clubs to underwrite routine health and accident claims?” asks Robert Johnston, head of the crew medical and personal accident insurance specialist Crewsure.  “We are advised that this year, a number…

TT Club Applauds Success in Logistics Innovation

Jan 20, 2014

TT Club, which provides liability, cargo and property cover to freight forwarders and logistics companies, once more observes that innovation in technological capabilities and tailored supply chain processes is essential for logistics companies to thrive in a sustained competitive environment…

North P&I Club Launches Healthcare Campaign

Jan 10, 2014

The North P&I Club launched a new campaign for 2014 aimed at reminding members of the importance of providing high quality healthcare while avoiding excessive medical costs, the club said. An information sheet entitled 'People Claims: Controlling…

Drum Cussac Wins Quality Award

Jan 09, 2014

Drum Cussac has been awarded ISO/PAS 28007 certification by global management system certifier, LRQA; an accolade reserved for private maritime security companies which demonstrate excellence in the provision of privately-contracted security personnel to commercial vessels…

NTSB: Ineffective Shiphandling Probable Cause of Casualty

Jan 09, 2014

The National Transportation Safety Board determines that the probable cause of the June 2012 allision between bulk carriers Mary Ann Hudson and Star Grip was the pilot’s ineffective handling of the Mary Ann Hudson and his ineffective use of…

Mahmood to Manage Marine Response Alliance

Jan 02, 2014

Samina Mahmood, former commercial manager for TITAN Salvage, has been appointed manager for Marine Response Alliance, an association of U.S. emergency responders providing OPA 90 Salvage Marine Firefighting (SMFF). MRA, founded in 1994,…

USCG Safety Alert: Entanglement Accidents

Jan 02, 2014

A recent marine casualty involving a severe injury to a crewmember aboard an inspected passenger vessel reminds us that these hazards happen in any segment of the maritime industry.Moving, rotating and reciprocating machinery may include (but are not limited to) rotating or spinning shafts…

Steamship Mutual: US Vessel Response Plans – Contingency Plans

Dec 31, 2013

Washington State – Alaska – Non tank final rule & Washington State – Contingency Plan requirements.We refer to our circular no. B.613. As stated in that circular, every tank vessel and every other vessel over 300 GT is required under State…

Seacurus: Seafarers Should be Protected Against Risk of Unpaid Wages

Dec 17, 2013

Specialist marine insurance intermediary Seacurus says that reported doubts about the insurance industry’s ability to insure the liability for unpaid wages of abandoned seafarers under the Maritime Labor Convention 2006 are inaccurate and ill-founded…

Slow-Steaming Through a Legal & Insurance Minefield

Dec 13, 2013

The UK P&I Club’s publication ‘Hellas Hilights - Issue 28’ recorded Rod Lingard's attendance at the green4Sea Forum and his address on 'The Legal and Insurance Aspects of Slow-Steaming, excerpted as follows:What’s the problem? On one side…

American Club Strengthens Management

Dec 06, 2013

The American P&I Club is reorganizing its underwriting and business development functions into a regionalized structure comprising the Americas, EMEA (Europe, Middle East, Africa), South and Southeast Asia, and Greater China and North Asia. “The…

Logistics News

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

Syria Signs New 30-Year Deal with CMA CGM

Syria Signs New 30-Year Deal with CMA CGM

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

Adani Ports Sees Higher FY26 Revenue Growth on Robust Volumes

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