China was reported to be considering forbidding ocean carriers to cancel sailings from China in an attempt to blunt the recent spike in transpacific rates, which reached an eight-year reports Loadstar. “This week, we have seen indications that rates have continued rising on routes from Shanghai to...
https://insurancemarinenews.com/insurance-marine-news/china-could-enforce-blank-sailing-ban/
The Joint War Committee (JWC) has issued an advisory that notes the increased criminal activity in the Bay of Campeche. Off the Atlantic coast of Mexico. It said that offshore assets were being targeted. Adding that significant under-reporting was leaving the full picture unclear. Armed and violent...
https://insurancemarinenews.com/insurance-marine-news/bay-of-campeche-piracy-warning-from-jwc/
A foreman who oversees dock workers at the shipping terminal for vehicles in the port of Brunswick, Georgia, has said that he saw no problems as hundreds of cars and trucks were being loaded onto car carrier Golden Ray (IMO 9775816) on the day before the vessel overturned a short time after leaving...
Tug Boka Expedition took over the towing of striken tankship New Diamond (IMO 9191424) on September 13th. Other ships involved in the response off Sri Lanka have been patrol boat Waruna, the Water Lily, the Pandukabhaya, the Posh Commander and the TTT One. A team of naval architects who boarded the...
https://insurancemarinenews.com/insurance-marine-news/towing-of-the-new-diamond-continues/
In her presentation to IUMI at the online conference being held instead of the scheduled face to face meeting in Stockholm, Astrid Seltmann, vice-chair and analyst/actuary at CEFOR, said that losses in the offshore energy sector remained low, with modest or no major impact from the hurricane...
Dave Matcham CEO of the International Underwriting Association (IUA) and secretary of IUMI’s Facts & Figures committee, was clearly a happy man to be able to present the first tangible results from IUMI’s Major Claims Database project. Announced at the 2018 in South Africa, there were initially six...
In his report on World Merchant Fleet and World Trade yesterday, Philip Graham, chairman of the Facts & Figures Committee at the International Union of Marine Insurance (IUMI) observed that there had been a bounceback in activity since the dark days of earlier in the year. After reporting that Jun...
Social media pressure is increasing to get more countries involved in the search operation for the missing 40 crew from the Gulf Livestock 1, which sank in the East China Sea off southern Japan on September 2nd after encountering Typhoon Maysak. The Japan Coast Guard is still searching, using boats...
23,000 teu container ship MSC Mia (IMO 9839466) allided with a gantry crane while leaving the MSC container terminal at Valencia during the morning of September 13th. The crane collapsed and the crane operator suffered injuries. He was rescued by the fire brigade and taken to hospital. After the...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-15th-september-2020/
Salvors have boarded the fire-stricken VLCC New Diamond (IMO 9191424) and have begun repair work on the ruptured fuel oil tank in the engine room the vessel, the Sri Lankan Navy has reported. The supertanker was 52nm east of the Sri Lankan coast, Navy spokesman Indika de Silva told Reuters....
https://insurancemarinenews.com/insurance-marine-news/salvors-repair-tank-breaches-in-new-diamond/