In the aftermath of Superstorm Sandy, there are enormous rebuilding efforts going on all around the waterfront. If you are a marine contractor participating in the rebuilding efforts, have you read your General Liability policy lately? The last…
A delegation from Xiamen, China accompanied by the CEO of COSCO UK visit the London offices of Thomas Miller. The purpose of the visit by the delegation was to understand more of the shipping/insurance sectors in London and to foster good relations…
On Thursday 25 April 2013, at Lloyd’s of London, a new professional body, the International Association of Marine Warranty Surveyors (IAMWS), was formally launched. Approximately 120 representatives from the energy insurance market together…
The Coast Guard is responding to a report of a barge explosion on the ship channel in Mobile Bay Wednesday. Coast Guard Sector Mobile watchstanders received the initial notification at 8:40 p.m. reporting the barge explosion between the…
Seacurus has launched a new insurance policy to indemnify seafarers in the event of the financial default of their employers.CrewSEACURE is a new insurance product now available to all employers of seafarers required to satisfy new regulatory…
The early months of 2013 have been marked by damaging labor strike action in several countries which has punished shipowners and charterers even though they are innocent parties, says The Strike Club, the market leader for delay insurance for the marine trades…
John Moy has joined the team at Water Quality Insurance Syndicate as Vice President of Underwriting. John will lead the WQIS underwriting department.John came to WQIS from Crum & Forster where he served as the Vice President of United States Fire Insurance Company for the past five years…
ITIC highlighted the value of diligently pursuing the collection of shipping industry debts in today’s difficult economic climate. In its latest Claims Review, ITIC notes that a shipbroker acting for charterers was owed $25,000 in commission…
Specialist marine insurance intermediary Seacurus launched a new insurance policy to indemnify seafarers in the event of the financial default of their employers which, for the first time, offers recompense in respect of unpaid crew wages.The…
Hong Kong headquartered FP Marine Risks provides insurance program to INTTRA network members via INTTRA's e-commerce platform.Leveraging the buying power of the INTTRA network, INTTRA members can elect to purchase cargo insurance at competitive rates during the shipping process through Alto…
DNV Software incorporates risk management tool EasyRisk Manager with the Synergi Life risk & QHSE-management solution. DNV Software explains that structured and analytical risk management has direct effects on a company’s ability to build a competitive advantage…
AMS President Louis Meltz passed away today, April 2, 2013, after a several-month battle with cancer. Until just a few days ago, his doctors were hopeful that the treatments he was undergoing would be successful. His passing has been a sudden shock to all in the maritime industry…
The UK Club took part recently in the latest Connecticut Maritime Association (CMA) exhibition and conference at Stamford, CT.The UK P&I Club say that their stand at the expo was host to many of their members and friends from the North American maritime community and beyond…
Looper Reed & McGraw is pleased to announce the addition of Julia Palmer and Carrie Weitinger as Members and Shannon Thorne and Monika Moore as Associates to its Houston office. The addition of these four attorneys has added great depth to the firm's Admiralty…
The UK P&I Club (the UK Club) has attracted over three million gross tons of new tonnage, following the closure of the renewal season. At conclusion of renewal the Club’s tonnage stands at around 120 million gross tons. This represents net growth over the past year of 7…
