Insurance News

 

New Initiative on Container Yard Safety

Dec 20, 2012

Three leading exponents of improved risk management in ports and container handling facilities have published recommended safety standards for container yard equipment.  TT Club, PEMA and ICHCA International have identified additional safety devices that can be implemented on yard equipment…

XL Group’s Marine Unit Expands Hull Insurance Resources

Dec 19, 2012

XL Group plc’s (NYSE: XL) North American Marine business expands its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters and Eileen Fellin as a senior claims consultant…

Potential US East and Gulf Coasts Port Labor Strike: New Report

Dec 06, 2012

A US East & Gulf Coasts port labor strike could further destabilize international trade says a new report.A potential labor strike by longshoremen along the US East and Gulf Coasts at the end of the year could have devastating economic consequences as inventory depletion…

MAST Partners with Beazley Group

Dec 05, 2012

MAST (‘Maritime Asset Security and Training’), a leading security organization that provides specialist global security services for the maritime community, has partnered with Beazley Group to offer a tailored piracy insurance policy designed…

Strong Demand for Strike Club's Protective Covers

Nov 21, 2012

General Increases of 10% and 5% are Maintained for 2013/14 Mutual Entries. The Strike Club, the market leader in the niche area of delay insurance for the marine trades, reports continuing strong demand for its mutual and fixed-premium covers…

InterMoor UK Operations Achieves Five-Year Safety Milestone

Nov 20, 2012

InterMoor UK Operations, part of Acteon’s foundations and moorings business, has operated for more than five years without a lost time incident (LTI).  InterMoor UK Operations includes Acteon companies InterMoor Ltd, InterMoor Marine Services Ltd and ChainCo…

BSEE: Platform Accident Investigation Underway

Nov 20, 2012

Bureau of Safety and Environmental Enforcement Update on Platform Fire Investigation. The Bureau of Safety and Environmental Enforcement (BSEE) began an investigation early Friday morning into the explosion and fire aboard a production platform…

NOAA Ship Speed Restrictions Flouted off US E. Coast

Nov 18, 2012

The National Oceanic & Atmospheric Administration (NOAA) are increasing their vigilance to protect the seasonal whale calving grounds.Despite NOAA advertising the speed restrictions it seems vessels are continuing to flout the speed limitation…

FGH Expands Marine Insurance Capabilities

Nov 14, 2012

Fidelis Group Holdings LLC Announces Additional Excess Marine Liability Capacity For The Maritime Industry.Fidelis Group Holdings LLC (FGH) through its subsidiary company Continental Underwriters, Ltd., a leader in providing Marine Insurance coverages and services…

A New DVD from the UK P&I Club

Nov 13, 2012

The UK P&I Club is absolutely committed to maintaining a vibrant loss prevention program and its latest move is a new DVD that places a specific focus on the Bow Tie concept - a comprehensive risk assessment initiative which helps members identify and prioritize risk across their whole fleets…

Fidelis Offers Additional Marine Insurance Excess Cover

Nov 12, 2012

Fidelis Group Holdings LLC offers a new US$25-million excess marine liability facility for the maritime industry.Fidelis Group Holdings LLC (FGH) through its subsidiary company Continental Underwriters, Ltd., announce details of their new US$25…

Ship Agents Count the Cost of Avoidable Errors

Nov 12, 2012

International Transport Intermediaries Club (ITIC) has emphasised how avoidable errors can prove expensive for ship agents.In the latest issue of its Claims Review, ITIC recounts how a ship agent at a tidal port in Japan was asked to provide…

DNK Appoints New Insurance Director

Nov 08, 2012

War risk insurance specialist, DNK, is pleased to announce the appointment of Göran Skuncke as Insurance Director.Skuncke will be responsible for the Association’s insurance activities, with a particular responsibility for membership service…

US Boating Insurers SkiSafe Ratchet Up 'Sandy' Claims Response

Nov 06, 2012

SkiSafe Insurance has been working extensively to assist affected boaters in the region.SkiSafe has extended its operational and online facilities to allow for fast reporting of any storm claims and to provide any support its policyholders may require…

Shipbroker Chases Down Payment Due

Nov 04, 2012

Persistence pays off for shipbroker's legitimate claim for outstanding financial commission due from time-charterer.In the latest issue of its Claims Review, International Transport Intermediaries Club (ITIC) recounts the case of a shipbroker…

Logistics News

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

TotalEnergies, OQEP Start Construction of Marsa LNG Plant in Oman

New Chief Executive Appointed at MPA Singapore

New Chief Executive Appointed at MPA Singapore

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

JSW Infrastructure Expects Cargo Volume Growth Rise in 2026

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

Port of Naples Cargo Operator Invests in Konecranes Gottwald Mobile Harbor Crane

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