There will be no new investigation into the 1994 sinking of the passenger ferry Estonia, prosecutors in Sweden have decided. The Estonia went down in middle of the Baltic in September 1994, leading to the deaths of 852 of the 989 people on board. Since then, researchers and family members have...
Group club West P&I has, following discussions with its reinsurers, stated that it could now provide insurance to re-instate cover for the Indian Ocean, Gulf of Aden and Southern Red Sea. Various cover limit options are available, being US$50m, US$100m, or US$150m and premium will be charged per...
https://insurancemarinenews.com/insurance-marine-news/west-pi-offers-buyback-cover/
Uncontrolled flooding from unknown source was the probable cause of the sinking of general cargo ship Carib Trader II (IMO 7396599) during a dead ship tow from the Port of Miami to Haiti, the National Transportation Safety Board (NTSB) has found in its investigation report into the sinking of the...
Crude oil tanker Pollux (IMO 9243320), bound for India with oil loaded at Novorossiysk, Black Sea, Russia, was struck by a missile in the Red Sea early on Friday February 16th, sustaining slight damage. The missile, which was launched from Yemen, hit the vessel on its port side, according to the US...
In a Gard Member Circular dated February 16th marine insurer and group club Gard has said that, as a result of the recent cancellation of war risks announced by Gard and other clubs because of a change in reinsurance provisions, this could potentially have a major impact on crew welfare. Gard has...
The oil leaking from the barge Gulfstream, alleged to have originated from Venezuela in early February, was now heading back to Venezuela in the for of a 170km-long oil slick. The leak was first detected off Tobago on February 7th. It took a week to identify the guilty parties – a capsized barge...
Seafarers have the right to refuse to sail on ships passing through the Red Sea, as a result of an agreement established by The International Bargaining Forum (IBF). Seafarers have the right to be repatriated to another location at the shipping company’s cost, the International Transport Workers’...
Eleven sailors were reported rescued from general cargo vessel Keum Yang 6 (IMO 9793349) on February 15th according to a report from the South Korean Coast Guard, after it had been caught in a strong storm south of the Korean peninsular. The vessel had departed Gwangyang, South Korea with a cargo...
Greece-based, NASDAQ-listed Star Bulk has decided to stop sailings through the Red Sea after two of its ships were subject to attacks by Houthis. Star Bulk CEO Petros Pappas said on an earnings call on February 13th that “going forward, we will not be passing the Suez Canal any more because we are...
The manager of Steamship Mutual has advised that the Club can now offer Charterers cover to reinstate the exclusion the Club was recently required to impose for Chartered entries in respect of war risks in the lower part of the Red Sea. The cover has a limit of $100m with an option for $150m and…
The...