In the monthly Asian piracy report from ReCAAP ISC the organization said that there had been seven incidents of piracy and armed robbery against ships in Asia in May 2019. Although there was no report of abduction of crew in the Sulu-Celebes Seas and waters off Eastern Sabah; and no hijacking of...
Cyprus has confirmed that it has issued arrest warrants for crewmembers of Turkish drillship Fatih, which was currently operating within the Cypriot EEZ area. Turkey disputes this maritime boundary and claims that it is operating on its own continental shelf area. A Cypriot official told Reuters...
The physical and potentially legal fallout from the petrochemical fire that hit the site of Intercontinental Terminals Co (ITC) site in Deer Park near Houston in late March (IMN, March 25th 2019) continues. Most of ITC’s marine liability cover for the Dee Park was reported to have been written by...
The US and its allies might need to start escorting commercial vessels to prevent further attacks in Gulf oil shipping lanes, but the capabilities of Western and Gulf powers in conventional terms could be of limited use against the type of vessel attacks – irregular and hard to detect in advance...
https://insurancemarinenews.com/insurance-marine-news/escorts-might-be-needed-in-gulf/
Independent international shipping association BIMCO urged nations to defuse tension and work together through diplomatic efforts following the attacks. “We strongly call for nations to do what they can to de-escalate tensions and ensure the safe passage of merchant shipping in the Strait of...
UK P&I Club has said that, although the facts surrounding the June 13th incidents in the Gulf of Oman were not yet fully known, it was likely that the incident would be classed as an act of terrorism, and thus excluded from standard P&I cover under Rule 5 E “Exclusion of War Risks”. “In such…
The...
Coast guard patrol vessel Barentshav (IMO 9389356) developed a list of six-seven degrees to port side in a floating dock at Vegsund Slip in Sula, Norway during the afternoon of June 9th. When the emergency services arrived the 30-strong crew was evacuated. Lifeboat DNV II was also called to...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-17th-june-2019/
The Board of the International Chamber of Shipping (ICS) has expressed concern at the serious incidents involving tankers Front Altair and Kokuka Courageous in the Gulf of Oman on June 13th. At the ICS Annual General Meeting in the Faroe Islands the Board emphasized the international shipping...
Some new video shot from on board schooner Elbe 5 shows the moments leading up to the historic schooner’s collision with containership Astrosprinter on the Elbe River near Hamburg on Saturday June 8th. Elbe 5 partially sank after it collided with the containership. Nine injuries were reported among...
The Lloyd’s syndicates have now published their results and, in some cases, added detail and an outlook for 2019. As last year, IMN is summarizing the results from all syndicates that have a marine interest which have provided some information on the marine side. Active Underwriter Christiern Dart...
https://insurancemarinenews.com/insurance-marine-news/syndicate-results-2018-47-syndicate-2988-brit/