Marine insurers Archives - Maritime Shipping News

Marine Insurers Scrutinize The Complex Container Loss Clauses

11 August 2020

According to an article published in the Insurance Business Magazine, Container volumes have been growing at pace and, in turn, placing a strain on the operational procedures of ships.

With increased risk, comes a potential jump in casualties – prompting two insurers to team up to spread an important message.

Significant Container Loss

Thomas Miller mutual companies, freight specialist TT Club and P&I insurer UK P&I Club, teamed up for a recent webinar entitled ‘Container Casualties – the sum of...

https://mfame.guru/marine-insurers-scrutinize-the-complex-container-loss-clauses/

Crew Change Crisis Exposes the Human Cost of COVID19 Pandemic

4 July 2020

According to Seatrade Maritime News report, two webinars around last Thursday’s Day of the Seafarer drew attention to the misery of some 400,000 stranded seafarers who cannot return home to their families or, conversely, sign on for new employment.

Some ship-locked mariners are being denied access to internet communications and are not being paid.
Unable to send money home, they are increasingly anxious about the plight of their families.

What is it?

In a webinar organised by the Standard P&I...

https://mfame.guru/crew-change-crisis-exposes-the-human-cost-of-covid19-pandemic/

Cosco Shipping Corp Remediates US Blacklisting

2 October 2019

Many of the 49-strong fleet of very large crude carriers linked to the sanctioned Cosco subsidiaries are now entered with the China Shipowners Mutual Assurance Association, reports Llyod’s List.

Tanker fleet under Chinese insurers

COSCO Shipping Corp appears to be shifting most of its tanker fleet to China-based marine insurers, even those vessels that are not directly owned by its two sanctioned entities, as the parent company attempts to manage fallout from last week’s dramatic US blacklisting.

T...

http://mfame.guru/cosco-shipping-corp-remediates-us-blacklisting/