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Insurance News

 

London Club Warns Against Inflated Claims, Legal Delays

Oct 05, 2011

THE London P&I Club has warned that shipowners face a significant increase in exposure to claims and fines levied against them in jurisdictions which suffer from a combination of high interest rates and a reputation for protracted legal proceedings…

Michael Else & Company Launch New Insurance Cover

Oct 03, 2011

Michael Else & Company, manager of the Charterers P&I Club and Transmarine, has launched a new product to provide innovative insurance solutions worldwide for small and medium-sized multimodal transport operators and shipping intermediaries such as freight forwarders…

Bad Vibrations Lead to Costly Dispute for Shipmanager

Sep 29, 2011

International Transport Intermediaries Club (ITIC) has emphasised the importance of shipmanagers using the right contracts and having appropriate insurance in place to cover the legal costs of defending even weak claims. In the latest edition of its Claims Review…

London Club: No Exemptions from IMSBC code

Sep 12, 2011

London Club says owners must not accept exemptions from IMSBC code for DRI cargoes.  THE London P&I Club has urged shipowners to be alert to any attempt by shippers and other cargo interests to claim exemptions from the International Maritime…

American Club Strengthens NY-Based Underwriting Team

Sep 01, 2011

Recruitment of Asian Specialist.In a move to add extra underwriting expertise to its New York team and further enhance its growing presence in Asia, the American P&I Club’s managers have recruited a well-known Asian specialist. Chris Hall joins Shipowners Claims Bureau…

Logistics News

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

Hormuz Crisis Accelerates Gulf Pipeline and Port Expansion

Hormuz Crisis Accelerates Gulf Pipeline and Port Expansion

Encomara Squid Connection System Qualifies for Commercialization

Encomara Squid Connection System Qualifies for Commercialization

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

Russia Focuses Strikes on Ukrainian Ports, Industrial Sites, Distribution Facilities

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After drone attacks, Russian oil exports from Novorossiysk will more than halve by August
Boeing and union negotiators will meet on Monday to restart stalled contracts negotiations
APK-Inform reports that weekly exports to Ukraine have increased by 28%.