The Director General of Shipping (DGS), India issued on January 8th an addendum to DGS order 5 of 2019, which provides the definition of the single use plastic (SUP) and a phased methodology which would be adopted for complying with the DGS order. The phrase “disposable plastics which are used only...
Marine Liability
Beazley places UK regional marine book in run-off
Beazley is to withdraw from a number of marine lines in the UK, These include regional cargo, regional freight liability, and regional commercial hull, all of which will be placed into run-off. According to reports the regional UK business accounted for just 5% of Beazley’s marine book. A Beazley...
IMO 2020 enforcement actions in China
Standard Club said on Friday January 10th that it had received reports that since January 1st there had been two separate ships in Chinese waters that were found to be using non-compliant fuel. The first ship was under a port state control inspection in Qingdao China when the Chinese Maritime...
https://insurancemarinenews.com/insurance-marine-news/imo-2020-enforcement-actions-in-china/
Middle East crisis: impact on the insurance market
Jonathan Moss, head of marine and trade at legal firm DWF has said that the latest chapter of turbulence in the Middle East would lead to insurers and reinsurers, particularly in lines such as hull, war, piracy, terrorism, cargo and construction raising premiums, renegotiating terms of cover and...
Golden Ray salvage enters phase of wreck removal
The salvage of capsized car carrier Golden Ray (IMO 9775816) has entered the wreck removal phase, roughly four months after the ship grounded in St Simons Sound when leaving the Port of Brunswick, Georgia, USA. The Unified Command (UC), which is coordinating the recovery process among several...
Gard charts the 2020 maritime regulatory landscape
Siddharth Mahajan, Gard Loss Prevention Executive Asia, Singapore, has produced a mammoth listing of all the changes to the maritime regulatory landscape that either were introduced in January 2020 or will be introduced later this year. He noted 2019 saw the implementation of regulations related to...
Contractors on FPSO had consumed ethyl alcohol, says Boskalis
The six contractors who fell ill while on board the FPSO being transported by heavy-lift vessel Boka Vanguard (IMO 9618783), one of whom died, had consumed a cleaning liquid found on board the FPSO, Boskalis said in a statement. The liquid was said to be a substance customarily used for degreasing...
War and terrorism rates spike in Arabian Gulf
Oil and gas shipowners are facing an increase in rates to transit the Strait of Hormuz and surrounding areas after this week’s escalation in the dispute between the US and Iran. “We are obviously concerned with regard to the tension around the wider (Gulf) area,” Svein A Ringbakken, managing...
https://insurancemarinenews.com/insurance-marine-news/war-and-terrorism-rates-spike-in-arabian-gulf/
Bouchard ordered to compensate fired whistle-blower
An investigation by the US Department of Labour’s Occupational Safety and Health Administration (OSHA) has found that Bouchard Transportation Company Inc B Number 272 Corp – a petroleum barge company based in Melville, New York – and its officers violated the whistle-blower protection provisions of...
Britannia Club names new correspondent
Britannia P&I has established a new correspondent, B Americas P&I, to be based in New York. Britannia said that the exclusive correspondent would be headed by Michael Unger, “a leading maritime lawyer with extensive litigation and arbitration experience, who has been known to the Club for many...
https://insurancemarinenews.com/insurance-marine-news/britannia-club-names-new-correspondent/