Covid-19 likely to lead to reduction in marine insurance sector size – Turner

The Covid-19 pandemic is likely to lead to a shrinkage in the marine insurance sector as part of an overall contraction in the global economy, which will lead in turn to a contraction in the size of the industry, according to Richard Turner, President of the International Union of Marine Insurance...

https://insurancemarinenews.com/insurance-marine-news/covid-19-likely-to-lead-to-reduction-in-marine-insurance-sector-size-turner/

All bar 18 of lost containers from YM Efficiency have been recovered

Salvors have now recovered 63 of the 81 containers lost overboard by the YM Efficiency (IMO 9353280) in rough seas off Newcastle, New South Wales, Australia, while she was en route from Taiwan to Sydney. The vessel found herself in heavy seas off Port Stephens in June 2018. There were 81 containers...

https://insurancemarinenews.com/insurance-marine-news/all-bar-18-of-lost-containers-from-ym-efficiency-have-been-recovered/

Box ship with migrants on board refused entry by both Malta and Italy

Box ship Marina (IMO 9252864) has been refused entry by both Italy and Malta because it has 78 migrants on board that it wants to disembark. Malta prime minister Robert Abela said on Monday May 4th that his country would not relax its position of keeping migrants outside its territorial waters. The...

https://insurancemarinenews.com/insurance-marine-news/box-ship-with-migrants-on-board-refused-entry-by-both-malta-and-italy/

Murder Hornet brought to Washington state by container ship?

The invasive and predatory stinging Vespa mandarinia (the “murder hornet”) has appeared in Washington State, USA, near the Canadian border Scientists said they did not know for sure how the insect arrived in Blaine, but said that  the most likely scenario was that it arrived on a container ship...

https://insurancemarinenews.com/insurance-marine-news/murder-hornet-brought-to-washington-state-by-container-ship/

Half a ton of cocaine found in cargo hold of bulk carrier in Hamburg

German police discovered about 500kg of cocaine on bulk carrier Budva (IMO 9693501) during the morning of May 2nd after boarding and searching the vessel when the ship arrived at Hamburg. The cocaine was found hidden in what was described as “cargo area”. One of the 23 Montenegrin crew was...

https://insurancemarinenews.com/insurance-marine-news/half-a-ton-of-cocaine-found-in-cargo-hold-of-bulk-carrier-in-hamburg/

Liquefaction and reporting delays continue to threaten dry bulk shipping Safety, says Intercargo

Cargo failure (liquefaction) and delays in casualty investigation reporting continued to be a major safety concern for dry bulk shipping, Intercargo has said in its annual Bulk Carrier Casualty Report. The publication provides analysis of bulk carrier casualties over the past 10 years. Last year the dry bulk shipping sector suffered only one total loss,…

The post Liquefaction and reporting delays continue to threaten dry bulk shipping Safety, says Intercargo appeared first on Insurance Marine...

https://insurancemarinenews.com/insurance-marine-news/liquefaction-and-reporting-delays-continue-to-threaten-dry-bulk-shipping-safety-says-intercargo/

Sixteen mariners kidnapped off West Africa in five days, says Dryad

There have been 16 ship crew kidnapped by pirates off the coast of West Africa in the past week, according to Dryad. On April 30th it was reported that 10 seamen had been kidnapped in an attack on oil products tanker Vemahope (IMO 9477751), about 178nm south-southeast of Lagos. The Vemahope was...

https://insurancemarinenews.com/insurance-marine-news/sixteen-mariners-kidnapped-off-west-africa-in-five-days-says-dryad/

Water levels on the Rhine rise sharply following heavy rains

Although the water levels on the Rhine in Germany have risen sharply after recent rain, they still remain too shallow for cargo vessels to sail fully loaded in some northern sections of the river, according to traders. The river fell below normal levels in late April after dry weather. Heavy rain...

https://insurancemarinenews.com/insurance-marine-news/water-levels-on-the-rhine-rise-sharply-following-heavy-rains/

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