Alan Mackinnon, Chief Claims Officer at UK Club, has written an article on the implications of the coming into force of the Electronic Trade Documents Act (ETDA) in the UK last month. He wrote that it was “a potentially transformational moment in the development of electronic bills of lading”....
Cameron Livingstone, Claims Executive, Arendal, and Kristin Urdahl, Senior Loss Prevention Executive, Arendal, have updated Gard members and clients with an update on the Ballast Water Management (BWM) rules. A year from now, all vessels subject to the Ballast Water Management Convention must have...
Marsh Specialty UK has promoted head of retail and cargo sales leader Jay Payne to head of cargo. Payne has been with Marsh since 2019 and previously held the roles of senior vice president and head of retail. Previously, Payne had spent 20 years at JLT Specialty, where he was responsible for...
The Panama Canal announced on Friday September 29th that it would from the beginning of November be cutting further the average daily number of transits through the canal from the current already limited levels. The drought is progressively lowering the canal’s reservoir levels, forcing the Panama...
Container ship OOCL Shanghai (IMO 9198111) suffered a fire in what was understood to have been the engine room at around 05:00 local time on October 1st when it was about 18nm off the eastern coast of Honshu, Japan, while en route from Yokohama to Osaka. The crew were able to extinguish the fire...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-3rd-october-2023/
Five more ships were named as being en route to Ukrainian Black Sea ports, while three vessels that had been there have left and are either travelling to or have arrived at Istanbul. “Five new vessels are waiting to be loaded in Ukrainian ports,” claimed Deputy Prime Minister Oleksandr Kubrakov...
Managers The Shipowners’ Protection Ltd Gross Tonnage Owned 29,637,000 Chartered N/A Free reserves 2023 337,369,000 2022 396,436,000 2021 379,065,000 2020 339,974,000 2019 303,825,000 S&P Rating A Vessel Type By Percentage Harbour 26% Barges 20% Fishing 11% Ferries 14% Offshore 11% Dry 4%...
One of eight men arrested by the Irish police following the seizure of almost 2.25 tonnes of cocaine on the Matthew off the coast of Cork has been released without charge. The cocaine was seized after an international operation to track and prevent the shipment. The Irish Army Ranger Wing captured...
https://insurancemarinenews.com/insurance-marine-news/man-is-released-after-cocaine-seizure-arrests/
Romania’s Chief of Defence Staff Daniel Petrescu has claimed that Russia was “actively and constantly” jamming the GPS communications of ships in Romanian territorial waters. He said that this could cause ships’ collisions, adding that Romania and NATO “must prepare for a long-term confrontation...
Axiom Ince the recently-merged combination of London-based law firm Ince & Co with Axiom DWFM, has decided to close its doors after a misuse-of-funds scandal had enveloped the business, the second financial scandal to hit (separate) buyers of the Ince name in a couple of years. The firm has no link...
https://insurancemarinenews.com/insurance-marine-news/axiom-ince-shuttering-up-report/