Russia on Thursday said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18th, a month away, unless the West removed what Russia perceives as a number of obstacles to the export of Russian grain and fertilizer. Russia has said that the deal will end on May 18th, 60...
Insurance Marine News
Fishing vessel on fire south of Cape Town
Fishing vessel Olivia Marie (MMSI 601349300) with 26 crew on board caught fire south of the Cape Of Good Hope, near Cape Town, late last week. The South African Maritime Safety Authority (SAMSA) reported that 26 crewmembers were rescued and brought to shore after their 32-metre fishing vessel...
https://insurancemarinenews.com/insurance-marine-news/fishing-vessel-on-fire-south-of-cape-town/
Response continuing to Kodiak Enterprise fire
Firefighting crews continued on Friday April 14th to respond to the fire that broke out on fishing vessel Kodiak Enterprise (IMO 751703) the previous Sunday. the unified command team has said. Firefighters crews from the Tacoma Fire Department and Resolve Marine were continuing to access interior...
https://insurancemarinenews.com/insurance-marine-news/response-continuing-to-kodiak-enterprise-fire/
So, what IS the High Seas Treaty?
Neil Henderson, Senior Executive, Industry Liaison at Norwegian marine insurer and Group Club Gard has provided members with a brief introduction to the recently announced High Seas Treaty, designed to protect the ecosystems of the seas and oceans that do not come under territorial waters....
https://insurancemarinenews.com/insurance-marine-news/so-what-is-the-high-seas-treaty/
Syndicate Results 2022 #9 Talbot 1183
The Lloyd’s syndicates have now published their results for 2022 and, in some cases, added detail and an outlook for 2023. Some have stuck to the bare bones. As in the previous few years, IMN is summarizing the results from all syndicates that have a notable marine interest, if they have provided...
https://insurancemarinenews.com/insurance-marine-news/syndicate-results-2022-9-talbot-1183/
MSC and Costamare sign deal with Amplify’s subrogated insurers
Mediterranean Shipping Company (MSC) and Costamare have signed a settlement agreement with the subrogated insurers of the Amplify Energy Corp, bringing to a financial end a dispute over a damaged pipe off the coast of California that eventually led to an oil spill. Both companies have agreed to pay...
Norway’s Clipper Shipping faces US MARPOL charges
Clipper Shipping, a division of Norway-based Solvang, a major transporter of LPG and petrochemical gases, has been ordered to appear in a US court on April 18th for a first hearing related to a case over MARPOL violations. The case is unusual because the alleged violations did not take place in a...
Marine accident round-up : 17th April 2023
A captain was medevaced from tanker Overseas Anacortes (IMO 9353591) in the Gulf of Mexico, 218 miles south of Alabama The US Coast Guard said its watchstanders at Sector Mobile received a call at 12:17 local time on Wednesday April 12th from the vessel’s crew, informing that the vessel’s...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-17th-april-2023/
Cyclone Ilsa misses Port Hedland
The Western Australia iron ore exports port of Port Hedland dodged a bullet late last week after Cyclone Ilsa, hit the north-west Australian coast as a category 5 storm. Although it set new wind speed records, it spared populated regions. The cyclone made landfall early Friday and moved inland. “As...
https://insurancemarinenews.com/insurance-marine-news/cyclone-ilsa-misses-port-hedland/
Howden launches Marine & Energy business in Norway
UK-headquartered international insurance broker Howden has announced the launch of its Marine & Energy business in Norway. The new initiative will be led by Frode Lund, who will assume the position from August 1st 2023. Lund will join from Willis Towers Watson (WTW) as soon as he has fulfilled his...