Samples of water near grounded cargo ship Vera Su (IMO 8611219) showed levels of ammonium-nitrogen seven times above permissible values, the Bulgarian Environment and Waters Ministry said on October 17th. The vessel was declared as sunk on October 10th after the engine compartment was flooded, and...
General cargo ship Fortune (IMO 9160944) was reported to have drifted aground during the afternoon of October 17th on the northern coast of Jibei island, Penghu Islands, Taiwan, in the Taiwan Strait, after suffering an engine failure earlier in the day. The vessel anchored but the anchor dragged...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-19th-october-2021/
Gard has updated an old article on the benefits of draft surveys, noting that they remained a means of checking that the shipper’s figures inserted in the bill of lading are correct. “The receiver has paid for the quantity stated in the bill and that figure is prima facie or even conclusive...
Specialist insurer Beazley has received in-principle approval from Lloyd’s to establish Syndicate 4321, beginning January 1st 2022. The syndicate will focus exclusively on offering additional capacity to businesses that perform well against ESG metrics. It will be led by Will Roscoe, Head of the...
https://insurancemarinenews.com/insurance-marine-news/beazley-launches-lloyds-esg-syndicate/
Kent Fire Service was alerted at around during the morning of October 15th to a fire on board general cargo ship Odette (IMO 9191943) while it was berthed at Sheerness Docks, UK. The fire reportedly broke out in the cargo hold. It was extinguished by the early afternoon. The extent of damages was...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-18th-october-2021/
Marseille-based CMA CGM has said that it would be suspending calls at the Port of Savannah, Georgia on the US East Coast due to severe congestion and long wait times. The announcement comes a day after Hamburg-based Hapag-Lloyd said that it would be omitting the Savanah call from its India America...
Elise Dale Sørheim, Senior Claims Executive, Lawyer at Norway-based marine insurer Skuld, has written an article on the legal risks associated with ship to ship (STS) transfers. She noted that in recent months sanctioned countries such as Iran and Venezuela had reportedly increased their exports of...
https://insurancemarinenews.com/insurance-marine-news/skuld-says-that-sts-transfers-raise-red-flags/
Cargo ship Dragon (IMO 9143726) was arrested at the outer anchorage of Chittagong port on October 8th on the order of the local High Court issued on October 6th as part of alitigation case. The vessel had arrived with imported rice and was waiting for instructions of the owner. As of October 13th...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-14th-october-2021/
The political row over grounded cargo ship Vera Su (IMO 8611219) is showing no sign of settling down. Bulgaria’s caretaker Transport Minister Hristo Alexiev has alleged that the Turkish owner of the vessel was deliberately not taking action to save the ship and its cargo, according to a report in...
https://insurancemarinenews.com/insurance-marine-news/row-over-grounded-vera-su-continues/
Thomas Miller Specialty has recruited senior marine and energy underwriter Mark Nunn as a specialist offshore underwriter in Asia Pacific. Nunn has worked in Singapore since 2013. He joins from Lloyd’s syndicate Markel International where he worked as an energy underwriter, having previously worked...