International Transport Intermediaries Club (ITIC) says it has seen a noticeable increase in claims against ship managers by shipowners who are going through difficult financial times. In the latest issue of its Claims Review, ITIC notes that…
GAC Protective Solutions, Powered by AKE, has entered into two new strategic partnerships with the innovators of anti-piracy technologies to help protect vessels, cargoes and seafarers: Unifire's SEASERPENT Anti-Pirate Water Cannon System and…
Managers of The Strike Club were able to give an upbeat report to the club’s directors when they met in Istanbul.Ongoing increased demand for the club’s various insurance covers has resulted in strong growth and a very positive renewal in February for the 2012/13 year…
Accident investigation is a painstaking and often painful process and, more often than not, theoutcome is a raft of new policies and measures to avoid reoccurrence. Yet, if well thought out and established company procedures are followed in the first place…
Mutual insurance provider The Shipowners’ Club, has produced a comprehensive handbook ‘Fishing vessel safety’ highlighting areas in which crew members can become more safety aware, while assisting crew and owners alike to recognise potential dangers and operating hazards…
Insurance market, P&I, in flux in the aftermath of 'Costa Concordia' disasterAfter an inauspicious start, 2012 will be another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the Euro zone…
World’s largest online database for cargo transportation goes live. BMT De Beer, a subsidiary of BMT Group Ltd, has launched CargoHandbook.com (www.cargohandbook.com), the world’s largest online database for cargo transportation in the marine industry…
An essential part of spring cleaning is sorting through what you have, deciding what needs to be kept, and throwing out what can safely be eliminated. The tidy end result lets you move forward in the best shape possible.An annual “spring cleaning”…
XL Group plc’s North American Marine business has boosted its underwriting expertise with the addition of Chris Cooke who has joined as Vice President, Hull and Liabilities. According to Richard DeSimone, President of XL Group’s North American Marine business…
Move intended to increase efficiency under Solvency 2. The UK P&I Club has announced that it is reorganising its structure to establish UK Europe as the sole provider of direct insurance to UK Club members. By reducing the number of separately regulated insurers from two to one…
Leading insurance accountant and consultant, Moore Stephens, is to boost its governance, risk and assurance team with the recruitment of two leading practitioners, Gary Oliver and Gavin Davey. Currently a partner at Mazars, Gary Oliver is well-known in the London market…
Kevin O’Brien, President & CEO, of the Inland Marine Underwriters Association (IMUA), announced that the Board of Directors, at its recent meeting, has voted Peter Opinante to assume the Chairmanship of the Board. Mr. Opinante, who served as Deputy Chair…
Seven members of the American Salvage Association (ASA) have been invited to submit competitive bids to remove the capsized cruise ship Costa Concordia, which ran aground off the Italian island of Giglio in late January. One member already involved with response…
Inland Salvage Inc. awarded Wreck Removal Contract of Capsized Inland Drill Barge. Inland Salvage Inc. (ISI) was recently selected as Salvor to conduct Wreck Removal Operations of a 2,650t Inland Drill Barge following an unsuccessful attempt by another contractor to salvage the barge…
John Poulson Rejoins Management Team. Well-known surveyor John Poulson, a highly-experienced former mariner, is rejoining the American P&I Club’s management team on February 1 as vice president, principal surveyor and head of the survey and technical department…
