SeaDream 1 passengers await further news after Covid-19 scare

The cruise of boutique cruise vessel Sea Dream 1 (IMO 8203438) remained suspended on Friday after tests on guests mid-cruise returned “assumptive positive results”. The cruise, although it had only 53 guests and 66 crew – at least two of whom were journalists/travel writers live-blogging on the...

https://insurancemarinenews.com/insurance-marine-news/seadream-1-passengers-await-further-news-after-covid-19-scare/

Irish Sea shipping demand rises amid pre-Jan 1st stockpiling

Irish Sea shipping services have said that they were experiencing an increase in demand, partly because businesses were beginning to stockpile, as deadline after deadline is being allowed to slip past by the UK and EU negotiators ahead of the expiry of the UK-EU transition agreement on January 1st...

https://insurancemarinenews.com/insurance-marine-news/irish-sea-shipping-demand-rises-amid-pre-jan-1st-stockpiling/

US OFAC imposes sanctions on Syrian oil and Lebanese shipping company

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on seven individuals and 10 entities, including companies tied to Syria’s oil refineries, oil terminal, and Lebanese shipping company Sallizar Shipping. The Treasury department said that the latest...

https://insurancemarinenews.com/insurance-marine-news/us-ofac-imposes-sanctions-on-syrian-oil-and-lebanese-shipping-company/

BIMCO drafts industry’s first standard contract for autonomous shipping

Marine-focused law firm HFW has said that it is helping shipping association BIMCO draft the industry’s first standard contract for the operation of autonomous vessels. The new standard contract will be based on the SHIPMAN 2009 agreement for use with autonomous ships, and is expected to be...

https://insurancemarinenews.com/insurance-marine-news/bimco-drafts-industrys-first-standard-contract-for-autonomous-shipping/

UK’s National Audit Office warns of ‘significant’ border disruption in January

UK trade with the EU faces significant disruption when the Brexit transition period ends in January, the National Audit Office (NAO) has warned. It said that it was very unlikely that traders would be sufficiently prepared for checks the EU is due to impose at its borders. The NAO also warned that...

https://insurancemarinenews.com/insurance-marine-news/uks-national-audit-office-warns-of-significant-border-disruption-in-january/

Covid-19 impact on investments highlighted Clubs’ combined ratios: Gallagher

In broker Gallagher’s P&I Pre-renewal Review 2020, Gallagher executive director Marine P&I Division Malcom Godfrey observed that at the 2020 renewal in February the Clubs had started to try to arrest the slide in premium rates, even to push them up somewhat. He said that, in all probability, the...

https://insurancemarinenews.com/insurance-marine-news/covid-19-impact-on-investments-highlighted-clubs-combined-ratios-gallagher/

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