ABS launches infectious disease mitigation class notation

With the Covid-19 pandemic continuing, classification society American Bureau of Shipping (ABS) has launched an infectious disease mitigation class notation, addressing the issue of how the physical arrangement of a marine or offshore asset can act to mitigate transmission of infectious diseases....

https://insurancemarinenews.com/insurance-marine-news/abs-launches-infectious-disease-mitigation-class-notation/

Weld failure on mooring equipment led to barge smashing fishing pier

It was the failure of a weld that led to a barge breaking loose from its mooring and badly damaging a pier in Hampton, Virginia, the National Transportation Safety Board (NTSB) has said in a Marine Accident Brief. Before dawn on November 17th 2019, in stormy weather, construction barge YD 71 broke...

https://insurancemarinenews.com/insurance-marine-news/weld-failure-on-mooring-equipment-led-to-barge-smashing-fishing-pier/

Nord Stream 2 and TurkStream – IG update on new US sanctions

The International Group has released an update on the new US sanctions in relation to pipelines Nord Stream 2 and TurkStream, covered last week in IMN. Nord Stream is a system of offshore natural gas pipelines from Russia to Germany. It includes two lines running from Vyborg to Greifswald forming...

https://insurancemarinenews.com/insurance-marine-news/nord-stream-2-and-turkstream-ig-update-on-new-us-sanctions/

Gallagher 2020 P&I Clubs pre-renewal report – Aggregate Policy Year Results

Broker Gallagher has published the aggregate policy year results for the P&I Clubs for the past three full policy years. 1. Call Income In $‘000s at 12 months at 24 months at 36 months 2019-20 2,813,170 – – 2018-19 2,892,457 2,975,363 – 2017-18 2,954,977 3,045,949 3,071,339 2016-17 (closed)...

https://insurancemarinenews.com/insurance-marine-news/gallagher-2020-pi-clubs-pre-renewal-report-aggregate-policy-year-results/

Gallagher 2020 P&I Clubs pre-renewal report – combined figures

Broker Gallagher has published the combined figures for the P&I Clubs for the past three full policy years. The table shows the composite results of the International Group Clubs for the last three years. Aggregate Final Year Results In ‘000s of USD 2019-20 2018-9 2017-18 Original Call Income...

https://insurancemarinenews.com/insurance-marine-news/gallagher-2020-pi-clubs-pre-renewal-report-combined-figures/

Covid-19 is pushing up costs for crew change by an average of $2,000

A crewing business has warned ship operators that the Covid-19 pandemic has increased dramatically the average cost of a crew change. Henrik Jensen, Managing Director of Danica Crewing Specialists, said that each crew change was costing an extra $2,000 – $4,000 instead of $2,000 – since last year....

https://insurancemarinenews.com/insurance-marine-news/covid-19-is-pushing-up-costs-for-crew-change-by-an-average-of-2000/

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