Alan Mackinnon, Chief Claims Officer at UK Club, has written an article on the implications of the coming into force of the Electronic Trade Documents Act (ETDA) in the UK last month. He wrote that it was “a potentially transformational moment in the development of electronic bills of lading”....
Marsh Specialty UK has promoted head of retail and cargo sales leader Jay Payne to head of cargo. Payne has been with Marsh since 2019 and previously held the roles of senior vice president and head of retail. Previously, Payne had spent 20 years at JLT Specialty, where he was responsible for...
The Panama Canal announced on Friday September 29th that it would from the beginning of November be cutting further the average daily number of transits through the canal from the current already limited levels. The drought is progressively lowering the canal’s reservoir levels, forcing the Panama...
Five more ships were named as being en route to Ukrainian Black Sea ports, while three vessels that had been there have left and are either travelling to or have arrived at Istanbul. “Five new vessels are waiting to be loaded in Ukrainian ports,” claimed Deputy Prime Minister Oleksandr Kubrakov...
Romania’s Chief of Defence Staff Daniel Petrescu has claimed that Russia was “actively and constantly” jamming the GPS communications of ships in Romanian territorial waters. He said that this could cause ships’ collisions, adding that Romania and NATO “must prepare for a long-term confrontation...
Renewable energy class underwriter Ben Sheppard is reported to have left Chaucer to join Beazley. The latter has been seeking to increase its presence in the renewable energy market, in which it has participated through backing third parties and MGAs. A fire broke out aboard cargo ship Rise Shine...
https://insurancemarinenews.com/insurance-marine-news/marine-round-up-2nd-october-2023/
The ongoing danger of cargo forwarders taking advantage of the differential pricing of shipping by mis declaring hazardous cargo as non-hazardous has led the World Shipping Council (WSC) to present a “digital solution” in the battle to contain fires that result from such misdeclarations. The WSC,...
This week’s attack by Russia on the port of Odesa looked to have prevented the next “escape” by a ship from the port, utilizing the Ukrainian humanitarian corridor south to Istanbul. The attack appeared to have prevented bulk carrier Comet (IMO 9146106) from leaving the harbour. It has been trapped...
Car carrier Fremantle Highway (IMO 9667344) arrived last Saturday September 23rd in Rotterdam,Netherlands, nearly two months after a fire broke out on the cargo ship on July 26th (IMN August 3rd and other dates). The ship left the Eemshaven in Groningen during the afternoon of September 21st, where...
The Indonesian Navy and Indonesia’s Joint Search and Rescue Team responded to a fire aboard the bulker Samudra Sakti III (IMO 9320295) on Sunday September 24th when the vessel was off the coast of Tangkil Island, just off the southeastern tip of Sumatra. The Samudra Sakti III was planning to berth...