Two weeks after a fire on VLCC New Diamond (IMO 9191424) was extinguished by navy teams from Sri Lanka and India, salvage crews from Smit Singapore continued to work on a plan for the ship. First of all they are looking for a port where they can offload the cargo of 270,000 tonnes of crude…
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Refrigerated Cargo Ship Ice Rose (IMO 8311106) collided with a Russian warship on Wednesday September 23rd, near the Oresund Bridge, which links Denmark and Sweden. The Russian warship was reported to be the frigate Kazanets, a small anti-submarine ship, which was alleged to have been sailing...
The US Coast Guard medevaced a crew member from vehicles carrier Morning Peace (IMO 9780627) on September 17th while it was about 130 miles southwest of Dutch Harbor, Alaska. Watchstanders received a medevac request from the vessel shortly after noon the previous day, for a 48 year-old crewmember...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-24th-september-2020/
Independent shipowner’s association BIMCO has noted that sale and leaseback transactions had increased substantially in number over recent years as an alternative method of ship financing. BIMCO has now adopted a new term sheet which will facilitate the negotiation of sale and leaseback deals and...
A tug captain who helped push car carrier Golden Ray (IMO 9775816) from the docks as it left the port of Brunswick, Georgia prior to the vessel capsizing said on September 21st at the hearing into the incident being run by the US Coast Guard and National Transportation Safety Board, that he had...
It is likely to be some days will before any attempt is made to refloat grounded Passenger/Cargo RoRo MS Amorella (IMO 8601915) (IMN yesterday). On September 20th divers were still examining the hull of the ship underwater. It had apparently been breached in several places. The ferry will be...
https://insurancemarinenews.com/insurance-marine-news/some-days-before-amorella-will-be-refloated/
The salvaging of the capsized car carrier Golden Ray (IMO 9775816) has entailed unique physical, legal and regulatory challenges, according to Mauricio Garrido, president of T&T Salvage LLC. Indeed, he and his family (and cats and dogs) have physically relocated to St Simon’s Sound so as to be...
Tropical Storm Beta was looking almost certain to become the third named cyclonic storm to make hit the US Gulf Coast within a month and to be the ninth named storm to arrive on US shores this year. Beta was hovering in US Gulf of Mexico waters on Sunday, September 20th. It was predicted to…
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Passenger/Cargo RoRo MS Amorella (IMO 8601915) has run aground in the Åland Islands waters between Finland and Sweden, Finnish authorities said. The Åland islands are autonomous region of Finland 70km from Sweden. The ship, which is operated by Finnish company Viking Line, grounded south of Långnäs...
https://insurancemarinenews.com/insurance-marine-news/ferry-runs-aground-between-finland-and-sweden/
In the Q&A section yesterday at the end of the Cargo Workshop, the panel members from the Lloyd’s market were clear that the traditional face-to-face model of the Lloyd’s market was far from dead, and that having a number of underwriters and brokers in the same geographical space in London had...
https://insurancemarinenews.com/insurance-marine-news/iumi-2020-is-the-current-lloyds-model-viable/