Lawsuits and ramifications of X-Press Pearl foundering start

With the smoking hull of containership X-Press Pearl (IMO 9875343) settling into the sea about 10 miles off the coast of Sri Lanka, the country’s Centre for Environmental Justice, which is associated with Friends of the Earth Sri Lanka, has filed suit against the Sri Lankan government and the...

https://insurancemarinenews.com/insurance-marine-news/lawsuits-and-ramifications-of-x-press-pearl-foundering-start/

Brit launches “Keel” for placement of Marine War breach call risks

Fairfax subsidiary Brit Ltd has launched marine consortium ‘Keel’, which it said would “revolutionize the writing of Marine War and breach call risks”. Brit said that Keel offered up to $152.2m of capacity per risk and provided instant quotes that were fully sanction screened. Brit noted that this...

https://insurancemarinenews.com/insurance-marine-news/brit-launches-keel-for-placement-of-marine-war-breach-call-risks/

Sri Lanka prepares for oil spill from sunken X-Press Pearl

Sri Lankan authorities said on Thursday June 3rd that they were preparing for a worst-case scenario of a possible oil slick from the X-Press Pearl (IMO 9875343) the aft of which is now resting on the seabed some 9.5 miles off the Sri Lankan coast. The Marine Environment Protection Authority (MEPA)...

https://insurancemarinenews.com/insurance-marine-news/sri-lanka-prepares-for-oil-spill-from-sunken-x-press-pearl/

UK Club says that the SCA controlled Ever Given’s speed before grounding

The speed of the Ever Given as it began to transit the Suez Canal in a northbound direction on March 23rd was controlled by the Egyptian waterway’s operator, the vessel’s insurer said on Thursday June 3rd. UK Club said that it was ” concerned by the allegations made by the SCA during the press...

https://insurancemarinenews.com/insurance-marine-news/uk-club-says-that-the-sca-controlled-ever-givens-speed-before-grounding/

Cargo wordings now including cyber and communicable disease addenda

Various wordings in cargo contracts were currently being looked at by underwriters, particularly in the areas of cyber  and communicable diseases, according to panel members on a discussion at Marine Insurance Americas on Tuesday June 1st. At a panel entitled Cargo on Slow Turn to Profit?,...

https://insurancemarinenews.com/insurance-marine-news/cargo-wordings-now-including-cyber-and-communicable-disease-addenda/

Association of Average Adjusters reports challenges in “extraordinary year”

At the Association of Average Adjusters recent virtual annual general meeting, chairman Michael Starmans said that “the association has continued vigorously to serve the marine market and support its members professionally in the face of a most extraordinary year with the Pandemic putting nearly all Association events on hold.” Starmans said that the Association’s representative…

The post Association of Average Adjusters reports challenges in “extraordinary year” appeared first on Insurance...

https://insurancemarinenews.com/insurance-marine-news/association-of-average-adjusters-reports-challenges-in-extraordinary-year/

P&O signs space charter agreement with DFDS on Dover-Calais route

P&O Ferries and DFDS have signed a mutual space charter agreement on the Dover-Calais ferry route. The new agreement means that freight customers will be able to board the next available sailing on the Dover-Calais route, regardless of which of the two companies is operating the crossing. All...

https://insurancemarinenews.com/insurance-marine-news/po-signs-space-charter-agreement-with-dfds-on-dover-calais-route/

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