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…
Bollinger Shipyards president and chief executive officer, Donald “Boysie” Bollinger, has been awarded the 2011 Executive Leadership Safety Award by Signal Mutual Indemnity Association. The award, which is Signal’s highest honor, was presented…
RBG, the leading provider of assess, inspect and repair (AIR) services to the global energy industry that was acquired by Stork Technical Services (Stork), has delivered an outstanding safety performance by significantly reducing its lost time…
A typical driveway mechanic can open up the hood, dive into a car’s guts and emerge hours later with an understanding of what is wrong. Even if the mechanic can't get the engine to purr, the situation usually ends up no worse than when he started…
The UK P&I Club takes a BowTie approach to risk management. Marine mutuals like the UK P&I Club are committed to reducing the number and size of insurance claims they receive. After all, in the P&I world, members own their respective clubs and through pool arrangements within individual clubs…
Carnival Corporation & plc Required Announcement on Financial Impact of Costa Concordia. Carnival Corporation & plc has commented on the financial impact resulting from the grounding of the Costa Concordia. 'At this time, our priority is the safety of our passengers and crew…
Clay Maitland chastises industry as appearing to be uncaring in the face of the latest shipping casualty. In two months, the great, the good and the not-so-great-or-good will gather at the annual three-day Jamboree of the Connecticut Maritime Association (CMA)…
Valuable Lessons Learned – the Hard Way. Unfortunately, vessel collisions on America’s busy (but too often overlooked) inland waters have been a fact of life for a very long time. With towboats, barges, ferries, oceangoing vessels and recreational…
A new publication from the UK P&I Club “How to prevent tanker cargo shortage claims” and subtitled “The cause of claims and how to avoid them during pre-loading, loading and unloading” focuses on one of the major sources of cargo-related claims in the tanker sector…
