Standard Club has published a four-page master’s guide to the carriage of steel cargo. It noted that steel was a high-value cargo but was easily damaged by rough handling, water and moisture. Therefore when carrying steel products by sea it was essential to ensure that neither the steel nor the...
A merchant vessel was attacked in the Gulf of Aden off Somalia on October 16th, reported United Kingdom Maritime Trade Operations (UKMTO). The vessel was transiting the area at the time. Shots were fired at the unnamed ship from a skiff that was following the vessel. The armed guards on board the...
https://insurancemarinenews.com/insurance-marine-news/attack-on-merchant-vessel-in-gulf-of-aden/
Passenger/cargo RoRo KMP Nusa Dua (IMO 8314706) ran aground in the Bali Strait in Indonesia during the morning of October 12th. The vessel was waiting to dock at the port of Gilimanuk when strong currents pushed her towards shallow waters. The vessel was refloated about two hours later and safely...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-18th-october-2018/
New York City-based International Marine Underwriters (IMU), a member of Minnesota-based OneBeacon Insurance Group, has begun to offer “information risk coverage” which it said would “address a broad range of cyber incidents including data breach, threat of intrusion or interference with computer...
https://insurancemarinenews.com/insurance-marine-news/imu-adds-information-risk-coverage/
General cargo ship Alba Rousing (IMO 8506024) ran aground just before midnight on October 10th at Bardenfleths Ground north of Årø in the southern part of the Lillebælt (Little Belt), Denmark. The vessel was on its way from Nakskov, Denmark, to Kolding, Denmark, when it grounded and stuck. She was...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-17th-october-2018/
In a recent blog for broker JLT, Jay Payne, Senior Partner, observed that a number of Lloyd’s syndicates had recently withdrawn their capital from the London marine cargo market. Payne asked whether this was a sign of things to come or “just momentary belly ache from years of over indulgence”....
General cargo ship Nysand (IMO 6514936) took in water at the quay in Sunde, Norway, during the afternoon of October 12th. The fire brigade was alerted and dewatered the ship with pumps. It was planned to unload the cargo to make the ship lighter. 1965-built, Norway-flagged, 469 gt Nysand is owned...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-16th-october-2018/
In the final presentation of six seminars from legal firm HFW on a hypothetical collision between a small autonomous container carrier and a bulk carrier in the Harwich Channel off Felixstowe, partner Richard Neylon examined whether hull & machinery underwriters were friends or adversaries of the...
With reference to the IMN report on October 2nd relating to Container ship Sandwig (IMO 9264764), which suffered a fire in her cargo hold No.1 during the morning of September 22nd while drifting off Rio Haina, Dominican Republic, waiting to enter the port. One crew member was severely injured and...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-15th-october-2018/
Panamax cargo ship Guo Yuan 1 (IMO 8501672) was in collision with several anchored inland ships at Dingjiang anchorage while proceeding upstream on the Yangtze river, upstream from Zhenjiang, during the evening of October 9th. Three of the ships, which were tied together, sank, and four more were...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-12th-october-2018/