Tropical storm Nicholas was downgraded from a hurricane after making landfall on the Texas coast in the US, bringing heavy rain and a danger of flash-flooding. The storm was upgraded to a hurricane after reaching land at 00:30 local time on Tuesday morning September 14th, but quickly weakened. More...
Typhoon Chanthu has come to a virtual halt just off the coast of Shanghai, with forecasters saying that it would remain in the region throughout Wednesday September 15th, resulting in heavy rain and high winds along the central Chinese coast. There had been fears that the storm would inflict a...
Keynote speaker Andreas Bisbas, Director Tsakos Shipping (London) Ltd, made a vigorous defence of traditional underwriting methods yesterday September 14th at the Shipping Risk Forum, hosted by Maritime London as part of London International Shipping Week. Bisbas said that if London went down the...
IUMI Blog – Day 9 As the International Union of Marine Insurance headed towards a close today, Pascal Dubois, (Managing Director, General Management, CESAM, FR-Paris), said in his chairperson’s report for the Loss Prevention Committee that his credo was “loss prevention as a source of technical...
ClassNK has released “Guidelines for Ships Using Alternative Fuels” as part of its support of measures for GHG emissions reduction. They are updates with safety requirements for ships using ammonia as fuel on the previously issued “Guidelines for Ships Using Low-Flashpoint Fuels” covering LPG/Methanol/Ethanol. The new publication provides comprehensive information on requirements for alternative fuel…
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A decline in Somali piracy has led industry associations BIMCO, ICS, INTERCARGO and INTERTANKO to reduce the geographic boundaries of the “High Risk Area” for piracy INTERCARGO and INTERTANKO will reduce High Risk Area boundaries to the Yemeni and Somali Territorial Seas and Exclusive Economic...
DUAL subsidiary EIURS (Energy, Industrial, and Utility Risk Solutions, LLC) is offering expanded Inland Marine coverage in the US on its suite of casualty products in the energy, environmental, and contractors sectors. EIURS is a subsidiary of specialty programme manager DUAL North America. It has ...
https://insurancemarinenews.com/insurance-marine-news/eiurs-to-add-intact-inland-marine-products/
Cargo ship Gazelle Coast (IMO 9436874) turned up apparently adrift on September 6th in the Vityaz Strait, which separates Papua New Guinea and New Britain island. The ship’s AIS was on, although it was reported to have been turned off from the middle of August until September 6th. Port of...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-14th-september-2021/
The recent announcement by the UK Law Commission with regard to the acceptability of digital trade documents could turn out to be a tipping point for the growing acceptance of electronic bills of lading and other shipping trade documents, according to Nick Austin, partner at legal firm Reed Smith,...
In a Quadrant Chambers breakfast forum on BIMCO’s recently introduced clauses on cyber security laws, “just in time” fuel efficiencies and crew changes, legal experts said that, while all of the clauses were welcome, in places they also raised further questions. As a part of London International...