Naoyuki Moriya, Director/Head of Underwriting Units at Japan P&I Club, has expressed the Club’s “deepest appreciation” to all our Members for the 2024 policy year renewal. He said that the business environment for the latest renewal was not easy, and remained “uncertain and challenging”. On a...
The clearing of the main channel leading to the Port of Baltimore will be a complex, expensive and time-consuming operation, the Unified Command (UC) handling the operation has warned. It said on Tuesday April 2nd that the collapsed centre span of the Francis Scott Key Bridge disaster has warned...
A ship’s master and the shipowner have been fined after failing to ensure pilot transfer arrangements complied with Australia’s Marine Order and the Navigation Act 2012. The Commonwealth Director of Public Prosecutions (CDPP), on behalf of the Australian Maritime Safety Authority (AMSA), prosecuted...
It is not often that mention of a 1,000-ton lift derrick barge can lead to talk of covert CIA operations, but the Chesapeake 1000 is an exception. Maritime Executive has noted that the Chesapeake 1000 (previously the Sun 800) was built at Sun Shipbuilding in 1972, the same year as a CIA spy ship...
https://insurancemarinenews.com/insurance-marine-news/chesapeake-1000-a-crane-with-a-past/
Major companies that normally use the Port of Baltimore for exports and imports have reacted to the impact of its temporary closure. ASR Group, the largest sugar company in the US, said that it had six-to-eight weeks of raw sugar stocks at its Baltimore sugar refinery, which is supplied by vessels...
World Central Kitchen (WCK), the charity helping to organize the shipment of aid relief from Cyprus to Gaza via improvised jetties and piers, has paused its operations in Gaza after a WCK-marked vehicle was hit by Israeli forces in what has been described by several observers as a “targeted...
The opening of a temporary channel on the northbound side of the collapsed Baltimore Key Bridge has enabled a limited amount of tug and barge traffic around the container ship stuck at the disaster site, Maryland Governor Wes Moore said on Monday April 1st. The tugboat Crystal Coast, pushing a fuel...
The United Kingdom Maritime Trade Operations (UKMTO) agency said on Monday that it received a report of an incident 150nm northwest of Yemen’s Hodeidah. UKMTO does not report the names of vessels. If confirmed, it would be the first Houthi Red Sea / Gulf of Aden attack for more than a week. “The...
https://insurancemarinenews.com/insurance-marine-news/ukmto-reports-incident-off-yemens-hodeidah/
Greek authorities said on Saturday March 30th that they had arrested a senior member of an international gang that had been smuggling Latin American fuel products for illegal sale around the world Their profit has been estimated at more than $21bn, the Greek police said. The arrested man is an...
https://insurancemarinenews.com/insurance-marine-news/greece-arrests-member-of-fuel-smuggling-gang/
The collapse of the Key Bridge will cause weeks or months of transportation disruptions in the Mid-Atlantic region and would probably accelerate a shift of cargo to the US West Coast, claimed Ryan Petersen, the founder and CEO of San Francisco-based digital freight platform Flexport Inc. “Companies...