A crew member of the ER Athina – now sailing as Cho Supporter – who died after being crushed on the vessel off Aberdeen, Scotland, in 2012, was left waiting for a fishing boat to take him to hospital after his injuries were underestimated, an investigating Sherriff has concluded, His chest became...
Insurance Marine News
Marine accident round-up : 19th May 2022
General cargo ships Walter Hammann (IMO 8714841) and Dagna (IMO 9313802) collided shortly after midnight local time on May 15th in the Lower Weser upstream from Nordenham, Germany, The Dagna was sailing upstream to Brake, Germany, while the German coaster was sailing downstream, from Bremen,...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-19th-may-2022/
Iran seizes foreign ship, detains crew
Iranian authorities seized a foreign ship that was alleged to have been attempting to smuggle fuel out of the country. The crew were detained, state news agency IRNA said on May 18th. Iran heavily subsidizes its fuel for domestic consumption, which makes attractive the smuggling of fuel abroad to...
https://insurancemarinenews.com/insurance-marine-news/iran-seizes-foreign-ship-detains-crew/
X-Press Pearl salvage work suspended due to weather
Salvage work on the wrecked containership X Press Pearl (IMO 9875343) has been suspended ahead of the imminent southwest monsoon season in Sri Lanka. The Shanghai Salvage Company has successfully installed all the lifting slings and messenger wires in preparation for removing the wreck sections....
Spanish public prosecutor looks to seize Russian yacht
The public prosecutor of Palma da Mallorca, Spain, wants to seize superyacht Tango (IMO 1010703), which it says is owned by Russian individual Viktor Vekselberg. Currently the yacht is being detained in the port of Palma at the request of the US authorities. Prosecutors have asked US judicial...
Syndicate results 2021 #26 Asta 1897
The Lloyd’s syndicates have now published their results for 2021 and, in some cases, added detail and an outlook for 2022. Some have stuck to the bare bones. As last year, IMN is summarizing the results from all syndicates that have a marine interest, which have provided some information on the...
https://insurancemarinenews.com/insurance-marine-news/syndicate-results-2021-26-asta-1897/
The ZouZou: no insurance cover for ship detained under Venezuelan anti-smuggling laws
Quadrant Chambers reports that the Commercial Court has handed down judgment in Piraeus Bank v. Antares (The ZouZou) [2022] EWHC 1169 (Comm). The decision concerns mortgagees’ interest insurance and the standard exclusions in a war risk policy. The claim arose out of the detention of tanker ZouZou...
Operator of Mathu Bhum says palm oil on its vessel booked prior to export ban
The containers carrying palm oil on the ship Mathu Bhum (IMO 8813647) were booked prior to Indonesia suspending palm oil exports in April (IMN May 10th, May 13th), its operator RCL has said. There was no container from RCL in the list of 34 20ft containers. However, they were all customs approved...
The Trinity Spirit ship explosion followed $200m trail of debt defaults
The owners of an oil-production and storage ship had a history of financial problems before the vessel blew up in Nigerian waters two months ago, Bloomberg has reported. The Trinity Spirit (IMO 7370325) exploded off the coast of Nigeria on February 2nd this year (IMN February 7th). The vessel...
Syndicate results 2021 #25 Premia Syndicate 1884
The Lloyd’s syndicates have now published their results for 2021 and, in some cases, added detail and an outlook for 2022. Some have stuck to the bare bones. As last year, IMN is summarizing the results from all syndicates that have a marine interest, which have provided some information on the...