Salvors are preparing for cutting operations on the third section of the wreck of the scrapped capsized car carrier Golden Ray. As with the second cut, which went considerably more smoothly and quickly than the first, the preparations include maintenance on cutting and hoisting equipment, making...
https://insurancemarinenews.com/insurance-marine-news/salvors-prepare-for-third-cut-on-golden-ray/
Royal Caribbean International’s 1996-built, Bahamas-flagged, 73,187 gt Grandeur of the Seas (IMO 9102978) and 1997-built, Bahamas-flagged, 78,878 gt Rhapsody of the Seas (IMO 9116864) will dock in the British Virgin Islands for a warm lay-up that will last at least 30 days, according to a press...
Lebanese state news agency NNA has claimed that that Interpol has issued a “red notice” for Captain Boris Prokoshev, the now-retired master of the Rhosus, and for Russian national Igor Grechushkin, the ship’s former owner. A red notice is issued at the request of a national government and calls on...
Shipowners and insurers could be consulting their contracts after one of the final acts of this US administration has been to classify the Houthi rebels in Yemen as a foreign terrorist organization. The move followed a series of attacks on oil tankers in the Red Sea. Outgoing Secretary of State...
Japan Club and Shipowners’ Club have warned their members of the implications of the US passing additional sanction provisions targeting the construction of Nord Stream 2 and Turk Stream 2 pipelines. Both clubs attached a commentary from New York based lawyers Freehill Hogan & Mahar LLP, written by...
A group of major investors have called for an end to the crew-change crisis caused by country’s reaction to the Covid-19 pandemic. The group warned that the situation was creating bigger risks every day. In December the UN General Assembly urged all countries to designate seafarers and other...
Following negotiations with Italy and Albania, the Greek government has submitted a bill to parliament that seeks to extend the country’s territorial limit in the Ionian Sea from six to 12 miles. A bill to implement the change was submitted last Friday January 8th, Reuters reports. If approved,...
https://insurancemarinenews.com/insurance-marine-news/greece-seeks-extension-to-territorial-waters/
Searock Marine Insurance Brokers is a newly announced independent brokerage house in Athens, Greece for specialized marine risks. The brokerage is being run by Maria Mavroudi, an experienced marine insurance specialist who has worked on a wide spectrum of marine insurance matters in Greece, the UK...
https://insurancemarinenews.com/insurance-marine-news/new-broker-launches-in-athens/
IMB’s Piracy Reporting Centre (PRC) received 195 incidents of piracy and armed robbery against ships worldwide in 2020, up from 162 in 2019, the International Chamber of Commerce’s International Maritime Bureau (IMB)’s annual piracy report has stated. The incidents included three hijacked vessels,...
Mike Ingham of broker Gallagher has told Reuters that the broker had been seeing “increased rates for vessels making port calls in the Red Sea due to concerns over risk of attack by militia groups, whereas previously this was of an issue of more concern in the Arabian Gulf,” A number of vessels...