A group of armed men attacked offshore processing ship Sendje Berge (IMO 7360057) about 30nm southwest of Bonny Island in the Gulf of Guinea on July 2nd. A number of its crew members, were kidnapped, said UK-based security firm Dryad Global. The incident was confirmed by BW Offshore, the operator...
Marine Hull
Marine accident round-up : 6th July 2020
On Friday IMN referred to the Celanova (IMO 9268394) as a chemical oil products tanker. It is in fact an LPG tanker. Thanks to Bill Millar at Secumarit for pointing this out. Carnival’s Genoa-based Costa Cruises has extended its operational pause through to August 15th. It has cancelled all cruises...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-6th-july-2020/
Steamship brings combined ratio close to 100% for 2019/20
P&I Club Steamship Mutual has reported a 99.8% combined ratio for the 2019/20 financial year, which runs through to February 20th. Armand Pohan, Chairman of the Board, said in his introduction to the club’s manager’s report that this compared to 116.1% in the preceding financial year. Premium for...
Marine accident round-up : 2nd July 2020
By June 26 the a total of 32 trucks, cars and motorbikes had been removed from the wreck of Passenger/Cargo RoRo Dharma Rucitra 3 (IMO 8904939). developed a heavy list to starboard and capsized while docking at Padang Bai port in eastern Bali, Lombok Strait, late on June 12th. Huge waves and strong...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-2nd-july-2020/
Syndicate Results 2019 #54 Syndicate 2007 Axis
Active Underwriter Alistair Robson 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...
https://insurancemarinenews.com/insurance-marine-news/syndicate-results-2019-54-syndicate-2007-axis/
Marine accident round-up : 30th June 2020
At least three containers fell overboard from container ship Navios Unite (IMO 9302619) on June 25th off the coast of Western Australia about 33 kilometres southwest of Cape Leeuwin. The weather at the time was rough. The ship was en route from Fremantle to Adelaide when the containers were lost....
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-30th-june-2020/
Broken crane hook cause of Orion accident, says Liebherr
The collapse of a giant crane on May 2nd on Deme Offshore’s flagship under-construction offshore installation vessel Orion 1, which was at Liebherr’s yard in Rostock, Germany, was caused by a broken crane hook, Liebherr has said. The vessel is under construction and owned by Cosco (Qidong) Offshore...
Wadden Islands routes pose threat to large container ship cargoes, report finds
The Dutch Safety Board (OVV) has warned liners that there is a danger of container losses in shipping routes above the Wadden Islands, also known as the Frisian islands, off the Netherlands coast, when certain weather and sea conditions are in play. Container ship MSC Zoe (IMO 9703318) lost 342...
Gallagher Marine Hull & Machinery and War Risks Market Report – June 2020
Michael Ingham Divisional Director, Marine Hull/Liability has written for Gallagher on the current situation in H&M and War Risks. He noted that the world was facing “an unprecedented global pandemic”. The measures taken by governments across the globe to tackle Covid-19 were bringing huge changes...
RGCS Resolute reported sold at auction for just $600,000
The chequered history of Portugal- flagged ice-classed vessel RCGS Resolute (IMO 9000168) has continued, with it being reported to have been sold at auction in Curacao on June 22nd for just $600,000. The book value of the ship was previously said to have been around $25m. It was unclear whether...