All but one of the 30 crew members of a United Arab Emirates RoRo cargo ship Al Salmy 6 (IMO 7728596), that sank off Iran have been rescued, Iran’s official IRNA news agency said on Thursday March 17th. Captain Nizar Qaddoura, the operations manager of the Salem Al Makrani Cargo company, told The...
At least 10 vessels currently carrying Russia-linked cargoes of crude and refined products were approaching the US on Wednesday March 16th, reported Reuters, citing data from traders and Refinitiv Eikon. Suppliers were trying to make delivery (and get the cargo unloaded) before the US government’s...
The Marine Department of Spain’s Ministry of Transport agreed provisionally on March 16th to “immobilize” super yacht Crescent (IMO 9785108) in Tarragona on Spain’s eastern coast. Information will now be collected to establish the real ownership of the luxury yacht. Specifically, it will be...
Container ship Ever Forward (IMO 9850551) failed to refloat at high tide during the afternoon of March 15th in Chesapeake Bay and remained stuck. The event has attracted significant interest from the general media because it is in a high-profile position off the Atlantic Coast and because it is...
https://insurancemarinenews.com/insurance-marine-news/ever-forward-still-stuck-in-chesapeake-bay/
Cruise ship Norwegian Escape (IMO 9677076) was successfully refloated after going aground during the afternoon of March 14th when it was departing the Dominican Republic. However late on March 15th it was reported that the ship would remain in the Dominican Republic, according to officials from the...
Crude oil tanker Elli (IMO 9412452), which loaded a cargo of Russian port call om Novorossyisk, bound for the US, changed direction and on March 14th was sailing towards the Spanish enclave of Ceuta, North Africa. US President Biden last week imposed an immediate ban on Russian oil and other energy...
Germany-based Hannover Re said has said that it could find some support from its capital markets-backed K-Cessions quota share sidecar facility for certain non-war specialty lines exposures to Ukraine. Sven Althoff, a member of Hannover Re’s executive board focused on property and casualty...
The market has its own forces, and the steep discounts available for anyone willing to buy Russian crude was always likely to attract traders with the ability to make their purchases away from the public eye. As Shell found out to its cost a couple of weeks ago, the excuse that it wanted to keep…
The...
Various businesses have provided their clients/customers with updates on the current maritime situation in Ukraine. Dias Marine Consulting informed members of North of England Club that all Ukrainian ports remained closed for inward/outward passages. Armed hostilities were still under way in many...
https://insurancemarinenews.com/insurance-marine-news/ukraine-march-16th-update/
Durban container port in South Africa suffered interruptions to its operations after two major fires in two separate days hit the facility. On March 7th the state-owned ports and rail operator Transnet said that it was investigating the cause of a fire which broke out inside a container in the...