The Lloyd’s syndicates have now published their results and, in some cases, added detail and an outlook for 2021. As in the past three years, IMN is summarizing the results from all syndicates that have a marine interest which have provided some information on the marine side. Active Underwriter –...
The government of The Netherlands has offered to include Filipino seafarers in its vaccination programme if they are on Netherlands-owned or managed oceangoing vessels. Administrator Robert Empedrad of the Maritime Industry Authority (MARINA) said on the radio earlier this week that the offer had...
Oman has said that Omani seas and ports have now been removed from the list of high maritime risk zones maintained by Lloyd’s and IUA Joint War Committee (JWC). Oman News Agency said that “the Sultanate, represented by the Ministry of Transport, Communications and Information Technology, in...
The US Coast Guard has closed a portion of the Mississippi River near the I-40 Hernando DeSoto Bridge in Memphis, Tennessee after a significant crack was discovered near the bridge’s centre span. The USCG said that the river was closed to all vessel traffic between mile marker 736 and mile marker...
Following a statement from the US Department of Transportation says it was evaluating resources to help mitigate potential impacts of the ongoing Colonial Pipeline cyberattack on East Coast gas and fuel supplies, including use of a limited temporary waiver of the Jones Act, the White House has said...
The Lloyd’s syndicates have now published their results and, in some cases, added detail and an outlook for 2021. As in the past three years, IMN is summarizing the results from all syndicates that have a marine interest which have provided some information on the marine side. Active Underwriters–...
https://insurancemarinenews.com/insurance-marine-news/syndicate-results-2020-27-syndicate-4020-ark/
Illness claims at Gard rose by a third in 2020, with Covid-19 accounting for almost half of them, the marine insurer has said in an article on how to prevent Covid-19 onboard. “During the last month, we and other P&I clubs have seen record numbers of Covid-19 outbreaks and infections onboard ships....
Progress continued in the dismantling of the wreck of capsized car carrier Golden Ray from St Simons Sound, Brunswick, Georgia, USA. On May 9th cutting operations were begun to separate Section Three from the remaining wreck. This marked the start of the fifth of seven total cuts. At the opposite...
https://insurancemarinenews.com/insurance-marine-news/further-progress-in-dismantling-of-golden-ray/
At the end of April the High Court of England and Wales issued an important judgment clarifying that ordinarily an owner is not liable to pay damages to a charterer if it collects freight due under its bills of lading even where no sums are due under a time charterparty. The case arose in the…
The...
Britannia P&I Club has posted a net surplus of $37.0m for the policy year to February 20th 2021, with a strong investment return more than counterbalancing a negative underwriting performance. Calls and premiums were down a fraction year on year to $200.09m, from $210.18m the previous year. Net...