Tysers noted that Gard this year issued its first integrated report and value creation model, based on the Value Reporting Foundation’s Integrated Reporting standards. This approach combines the sustainability report and directors’ report previously presented as two separate documents, which the...
https://insurancemarinenews.com/insurance-marine-news/tysers-2021-22-group-clubs-update-3-gard/
General cargo ship T-Moon (IMO 8917417) suffered engine failure in the Bosphorus early on October 5th near Yavuz Sultan Bridge while transiting the Strait in a northerly direction, en route from Tuzla, Turkey to Novorossiysk, Russia. A Traffic Control Centre tug responded, the ship exited Bosphorus...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-6th-october-2022/
Two unions at South Africa’s state-owned ports and freight-rail company have threatened to begin a strike as soon as this week after rejecting the latest wage offer from Transnet SOC Ltd, The United National Transport Union served the employer with a 48-hour notice that its members planned to stop...
Two Matson Inc subsidiaries are to face claims from rival container shipping company American President Lines LLC that Matson has been abusing its market power over services from the US to Guam, a federal judge ruled in an antitrust lawsuit. Last Friday September 30th US District Judge Christopher...
The International Maritime Rescue Federation (IMRF) has launched #SARyouOK?, an initiative to promote awareness “and further break down the stigma that is attached to mental health and wellbeing issues for those working in the maritime search-and-rescue (SAR) sector”. The initiative was announced...
Web site Politico has reported that Greece, Cyprus and Malta have wrung shipping concessions from the other EU member states as compensation for the disproportionate impact that the imposition of an Russian oil price cap might have on their economies. Malta and Greece in particular have concerns...
Claims at West of England Club were “substantially lower than forecast” for the first half of the current policy year due primarily to no claims being notified to the Group pool. “ Additionally, the claims for prior years have developed more favourably than expected notwithstanding latent Pool...
The managers of Group Club Britannia have named Simon Williams as its new chief underwriting officer, with Mike Hall focusing on his Deputy Chief Executive Officer position, including oversight of Britannia’s London operations and regional hubs. Williams joined Britannia in 2017 and in 2019 was...
https://insurancemarinenews.com/insurance-marine-news/simon-williams-to-become-cuo-at-britannia/
Heavy rains in the past week in Germany have meant that water levels on the Rhine have risen sharply, returning to normal levels and enabling cargo ships to sail fully loaded, vessel brokers and commodity traders said. While weeks of high temperatures and little rainfall in August had reduced water...
The European Union’s preparations for a ban on Russian oil imports beginning this December have not run completely smoothly. This week Greece, Cyprus and Malta were reported to be unhappy with the eighth tranche of sanctions because of the impact it would have on their shipping industries. In...