Bipartisan agreement in the US Senate and House of Representatives has been thin on the ground in recent years, but the embarrassing situation of a seized oil tanker linked to Iran sitting in a Texas port with no-one willing to unload it, has seen Democratic and Republican Party acting together to...
Insurance Marine News
After many delays Havila launches final two ships on Norwegian coastal service
The long-delayed intention of Norway-based Havila Kystruten to launch a Norwegian coastal ferry / cruise holiday service has finally been achieved. On August 18th the Havila Polaris (IMO 9946910) departed on an abbreviated itinerary, while the Havila Pollux (IMO 9946922) will become the fourth and...
Fire at Novorossiysk cargo terminal
Heavy smoke was seen emerging from the cargo terminal of the Russian port of Novorossiysk on the Black Sea on Friday morning August 18th. Novorossiysk, on the coast of the Eastern Black Sea, is home to both a Russian Navy port and a major merchant shipping port. The attack caused speculation that...
https://insurancemarinenews.com/insurance-marine-news/fire-at-novorossiysk-cargo-terminal/
Marsh asks: could the Group Clubs reach a price “tipping point”?
Broker Marsh has noted that the protection and indemnity (P&I) Group Clubs’ annual financial reporting season had now closed, and most clubs had published their results. Marsh said that this year’s results suggested that the P&I market might soon reach a price “tipping point,” with clubs less...
Panama Canal extends transit restrictions through to September 2nd
The Panama Canal Authority (AMP) has notified shippers that its restrictions for vessels to transit through the waterway will be extended through to September 2nd, and that the AMP would be keeping the number of vessels authorized to pass per day to a maximum of 32. The Canal restrictions had to be...
Mooring point now to be installed for crude oil tanker Yemen
With the more than 1.1m barrels of oil now transferred from FSO Safer to crude oil tanker Yemen (IMO 9323948), (formerly known as the Nautica), an operation that was completed on August 11th, the next essential phase will be the installation of a mooring point attached to the pipeline, to which the...
Axis cargo hiring continues with Talbot AIG’s Farley
The hive of activity within the marine sector this year, particularly in cargo, shows no sign of abating. Talbot AIG senior class underwriter in cargo Ben Farley is reported by Insurance Insider to be leaving the business to join Axis, after only five months in his post at Talbot. Farley had...
Marine accident round-up : 18th August 2023
A fire broke out early on August 16th in the engine room of the passenger/vehicle RoRo Huckleberry Finn (IMO 8618358), which had departed from Travemünde, Germany, to Trelleborg, Sweden, 90 minutes earlier at 04:00 local time, with 131 people on board. The captain of the ferry alerted the German...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-18th-august-2023/
UK-flagged port tender boarded by Spain’s SVA off Gibraltar
A puzzling incident has been reported from Gibraltar, with a vessel from Spain’s Servicio de Vigilancia Aduanera boarding UK-flagged port tender Ultimate Predator (MMSI 235079911) late in the evening of August 15th, within Gibraltar waters and after a chase. A member of its two-man crew was...
Joseph Schulte hugs coasts of Ukraine, Romania, Bulgaria as it heads for Istanbul
Container ship Joseph Schulte (IMO 9605243) was set to reach Istanbul on Thursday evening, its operator Bernhard Schulte Management said yesterday morning, but which time it had passed the most dangerous segment of its journey, when it was within Ukrainian waters. By yesterday morning it had...