Heerema Marine Contractors’ heavy lift vessel Aegir experienced a drop fall incident last week off the coast of Taiwan, where it was working on an offshore wind project. Netherlands-based Heerema said that “there were no injuries as a result of the incident, and no environmental impact has...
Insurance Marine News
Maritime employers sometimes in impossible position re crew changes
International Maritime Employers’ Council CEO Francesco Gargiulo and Jacqueline Smith, the maritime coordinator at the International Transport Workers’ Federation (ITF) issued a joint statement at the weekend stating that “our main concern is that failing to relieve fatigued, stressed and desperate crew, is only inviting accidents or major incidents which will damage the shipping industry…
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American Hellenic Hull teams up for sustainable insurance project
World insurers and the UN Environment Programme have launched a global insurance industry guide to tackle sustainability risks. The project is co-led by United Nations Environment Programme (UNEP) and Germany-based insurer Allianz. The members of the Principles for Sustainable Insurance project team that developed the guide include American Hellenic Hull Insurance Co, American Property Casualty…
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Marine accident round-up : 22nd June 2020
Container ship APL England (IMO 9218650) has been cleared to leave Australia and was scheduled to proceed to China for repairs on June 19th. The vessel was allowed to leave the port of Brisbane after a final inspection was carried out. The owner company has promised to pay the fines and any other...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-22nd-june-2020/
Syndicate Results 2019 #47 Syndicate 1910 Argo
Active Underwriter M Wilken The Lloyd’s syndicates have now published their results and, in some cases, added detail and an outlook for 2020. As in the past two years, IMN is summarizing the results from all syndicates that have a marine interest which have provided some information on the marine...
https://insurancemarinenews.com/insurance-marine-news/syndicate-results-2019-47-syndicate-1910-argo/
Losses continue to pile up for Carnival Corp
Major cruise line company Carnival Corp has reported a record $4.4bn loss for Q2. Excluding one-time charges, Carnival reported a preliminary Q2 net loss of $2.4bn. The company took major write-downs on the disposal of some of its ships. The Florida-based business said that it had $7.6bn available...
https://insurancemarinenews.com/insurance-marine-news/losses-continue-to-pile-up-for-carnival-corp/
Dismantling of Golden Ray scheduled to start in July
The dismantling of capsized car carrier Golden Ray (IMO 9775816) by the Unified Command is due to start in mid-July. Golden Ray ran aground an overturned in St Simons Sound, off Brunswick, Georgia, USA, last September. Since then the UC has built an environmental protection barrier and prepared the...
Montpelier crew recover, clean of Covid-19
All crew members on board container ship Montpellier (IMO 9314973) have fully recovered and tested negative for Covid-19 virus, operator Hapag-Lloyd has said. Two crew members on board the 2,824 teu vessel tested positive for Covid-19 in Durban, South Africa, in late May (IMN, May 22nd). The...
https://insurancemarinenews.com/insurance-marine-news/montpelier-crew-recover-clean-of-covid-19/
Some cruise lines push back recommencement of US-based cruises to September 15th
Several ocean-going cruise lines are to extend the suspension of cruise operations from US ports until September 15th, industry body Cruise Lines International Association (CLIA) announced on Friday June 19th. The no sail order issued by the U.S. Centers for Disease Control and Prevention (CDC) is...
Wirecard missing funds scandal could impact some crew member salaries
Troubles at German-based digital payments company Wirecard could end up affecting the shipping industry, as well as some crew members’ wages and personal finances, reports the Miami Herald. The company provided a broad range of digital financial services to a number of well-known companies. The...