The UK Hydrographic Office (UKHO) announced geospatial intelligence technology provider Geollect as the winner of the second ADMIRALTY Marine Innovation Program challenge.Launched last year in collaboration with RE_SET, the program aims to help…
Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said.The possibility of more attacks on commercial shipping…
Mutual P&I insurer The Standard Club said it has enhanced its data and insight capabilities as part of a two-year upgrade program.'We have looked hard at how we can use technology and data to better serve our members, with a particular focus on supporting risk selection and pricing…
Proper ventilation is essential to preventing damage to the cargo and to ensure the safety of the crew and vessel in bulk carriers. To provide ship’s masters and crew with an understanding of different ventilation requirements for bulk cargoes…
A rapid escalation in pool claims and unsustainable premium rates have led North P&I Club to declare its intention to seek a 10% General Increase in P&I rates for the 2021/22 policy year.In its 2020 Pre-Renewal Report, North says its retained claims so far this year declined…
P&I insurer The Shipowners' Club announced it has appointed its chief information officer, Mark Hamblin, to its management board.Hamblin’s appointment comes after eight years working for the club, in which time he has become integral to the successful IT function…
The American P&I Club and ABS have worked together to produce a new e-learning module on chemical tanker operations, brought to life by state-of-the-art animations by IDESS IT, a frequent contributor to the American Club’s loss prevention capabilities…
When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong.Double the manpower is needed to navigate. Lookout shifts are kept to just one hour, so sailors don't lose concentration and miss a mass of floating ice…
GCube, an insurer for renewable energy projects, hired three new underwriters for its offshore wind team, including Joshua Cantwell, formerly of Talbot Underwriting, and Zoe Massie, formerly of Allianz Global.The appointments come alongside a number of new hires in the U…
LIG Marine Managers, a commercial marine and longshore MGA in the U.S. and Lloyd’s broker, announced that veteran marine insurance executive Ken Baldwin has joined the company as Vice President of Marine.At LIG, Baldwin will direct and expand marine programs…
West of England P&I Club said that Captain Simon Hodgkinson has been appointed as Global Head of the West’s Loss Prevention Department. He joins from Polarcus, where he was Head of Marine Operations and responsible for the performance of a fleet of ultra-modern seismic vessels…
Speaking at the International Union of Marine Insurance (IUMI) annual conference, IUMI Data and Digitalization Forum Chair, Patrizia Kern discussed big data, the use of digital technologies, and how the COVID-19 pandemic has put digitalization on the fast track…
Sean Dalton, Chair of IUMI’s Cargo Committee reports the majority of marine cargo markets geographically can best be described as “hard” or “improving” amid significant change driven by unprecedented disruption to the global economy and world trade due to the COVID-19 pandemic…
Insurance claims for damage to ships, goods and the port itself after a warehouse explosion last week in the port of Beirut were likely to total less than $250 million, reinsurance broker Guy Carpenter said on Monday.Overall insured losses…
Cargoes have come off ships at sea it seems like forever. Some years ago a ship suffered a casualty transiting the English Channel in a storm. Much of its cargo of lumber and other floating items washed ashore on the southwest English coast…
