DNV’s Maritime Academy course – MARINE INSURANCE and CLAIMS -Live Virtual Classroom Training
DNV’s Maritime Academy Hellas is offering on 29 and 30 June 2021, a two-day live virtual classroom training on Marine Insurance and Claims. The workshop is designed for those working in the operation and in dealing with insurance and claims matters, in shipowning and management companies. It aims to give an understanding of the legal and practical aspects of marine insurance and...
Challenging claims environment impacts London P&I Club result for 2020/21
A challenging claims environment including increased claims on the IG pooling system and the effects of the coronavirus pandemic were factors which impacted The London P&I Club’s result for 2020/21. In a recent update to the membership, the Club reported a combined ratio of 136.8% and an overall operating deficit of US$20.3 million for 2020/21. The year-end free reserve stands at US$153.6m. Ian Gooch, CEO of the...
IMO calls for further action to address Gulf of Guinea piracy
The International Maritime Organization (IMO) has called for increased collaboration and action to tackle an escalation in the number and severity of attacks in the Gulf of Guinea region, which threatens the lives and well-being of seafarers and the safety of shipping.
In a resolution on recommended action to address piracy and armed robbery in the Gulf of Guinea adopted by the Maritime Safety Committee (MSC), IMO calls on Member...
Oppps, our prognosis for the BDI’s fall come out verbatim right… Gun boat Fisheries diplomacy from both sides of the Straits of Dover whilst Covid’s uncertainty advances further, per our “medical” prediction.
The BDI (Baltic Dry Index) lost 54 points since yesterday and now stands at 3,212 points “thanks” to a triple-digit fall by the Capes… Dirty Wets stagnant and Cleans …on the rise… As of today, the Geopolitical game / farce will turn sour for all. Only America has the guts,...
A smart choice: UK High Court confirms shipowner had an unfettered right to collect freight under its bills of lading even whilst on time charter
Today the High Court has issued an important judgment clarifying that ordinarily an owner is not liable to pay damages to a charterer if it collects freight due under its bills of lading even where no sums are due under a time charterparty.
Background
The case arose in the context of the total loss of the laden capesize Smart in August 2013...
American Club Member alert (April 29, 2021) re – People’s Republic of China (PRC) Maritime Court ruling on bulk cargo shortages at loading ports
APRIL 29, 2021
PEOPLE’S REPUBLIC OF CHINA (PRC) MARITIME COURT RULING ON BULK CARGO SHORTAGES AT LOADING PORTS
A 2020 civil judgment made by the Guangzhou Maritime Court has ruled that shipowners can be liable for shortages of less than 0.5% of the quantity stated on the bill of lading (B/L). The judgement of the Guangzhou Maritime Court gives rise to...
MAIB Report: Flooding and foundering of the fishing vessel Ocean Quest
| Report on the investigation of the flooding and foundering of the fishing vessel Ocean Quest (FR375), 70 miles north-east of Fraserburgh |
| Summary: On 18 August 2019 and about 70 miles north-east of Fraserburgh, the UK-registered trawler, Ocean Quest, sank as a result of an engine room flood. The source of the flood has not been determined; however, it was almost certainly a result of shell plating or hull weld failure.... |
“Bypassing Safety Controls” remains a top reason for Safety Incidents or Events reported to IMCA
2020 saw the International Marine Contractors Association (IMCA) publish 34 Safety Flashes featuring 148 incidents or events, selected to ensure that ‘lessons learned’ are clear to all. During the year under review IMCA, made an important change to the template for submission of safety flashes, having aligned safety reporting to IOGP’s Life-Saving Rules.
This...
Life raft for missing fishing vessel Nicola Faith recovered
The life raft for fishing vessel Nicola Faith, which went missing off the coast of Colwyn Bay on 27th January, has been recovered. The raft was found off the coast of Kirkcudbrightshire by HM Coastguard and has been positively identified by the Marine Accident Investigation Branch (MAIB) as being from the Nicola Faith. The raft will be transported to the MAIB in Southampton for further...
House detention cancelled. The Palermo Court frees the Italian shipowner Raffaele Brullo
The Palermo Court decided to revoke the house arrest order thus freeing the Italian shipowner Raffaele Brullo with immediate effect.
Within the context of the investigations concerning the suspected collision between the tanker vessel Vulcanello M (owned by the Italian company Augusta Due) and a fishing boat on 12th May 2020 not far from San Vito Lo Capo, the “Tribunale del riesame” decided to overturn the...