VB 10,000 leaves St Simon’s Sound after finishing Golden Ray removal

At the end of a distinctly long-term relationship, giant heavy lift barge VB 10,000 departed St. Simons Sound, Brunswick, Georgia, USA on Monday November 1st. After two years of salvage work that started in September 2019 and which en route required no little amount of working things out as they...

https://insurancemarinenews.com/insurance-marine-news/vb-10000-leaves-st-simons-sound-after-finishing-golden-ray-removal/

Stellar Banner grounding occurred after deviation from planned route

The decision by the master of giant ore carrier Stellar Banner (IMO 9726803) to deviate from its planned route was one of the causal factors in its grounding in February 2020, an investigation conducted by the Republic of the Marshall Islands Maritime Administrator has concluded. The VLOC contacted...

https://insurancemarinenews.com/insurance-marine-news/stellar-banner-grounding-occurred-after-deviation-from-planned-route/

Steamship opts for 12.5% general increase “to protect Club’s financial strength”

In A Steamship Mutual financial Update the Club has announced that it will be implementing a 12.5% general increase for policy year 2022/23. “Naturally the Directors prefer not to ask for premium increases, but we believe that these steps will protect the Club’s financial strength now and in the...

https://insurancemarinenews.com/insurance-marine-news/steamship-opts-for-12-5-general-increase-to-protect-clubs-financial-strength/

UK Club to provide Thomas Miller with security for fixed premium P&I

Thomas Miller Specialty has named UK P&I Club as its new strategic underwriting partner for fixed premium P&I. The new partnership will start from the January 1st 2022. Thomas Miller said that the move would enable it “to provide increased value and service provision for our joint customers in what...

https://insurancemarinenews.com/insurance-marine-news/uk-club-to-provide-thomas-miller-with-security-for-fixed-premium-pi/

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