The Australian Maritime Safety Authority (AMSA) has handed down a 90-day ban to general cargo ship Flevogracht (IMO 9509956), which sails under the Netherlands flag, as part of what it has described as a crackdown on “poor performers” in the maritime industry. AMSA detained the ship, which is...
Norway-based marine insurer Skuld said that it had seen an increase in inquiries regarding Certificates of Compliance (COC) inspections in the US. It has therefore produced a note to provide general guidance to members on basic requirements for COCs. What is a COC? A COC is a certificate issued by...
The introduction of the G7 oil price caps – on crude oil last December and on refined products in February – saw Russia state emphatically that it would not work with the price cap. However, the vast majority of seaborne Russian oil shipments hitherto have relied on services provided by companies...
UK-based RightShip, which provides an online safety and environmental risk management system for the global maritime industry, has said that reported rates of seafarer abandonment are increasing. RightShip said that 9,925 seafarers had been abandoned over the past 20 years, including 1,682 who had...
The Port of Los Angeles has reported handling 487,846 teus in February, down by 43% year on year – although it was noted that February 2022 was a monthly record. Nevertheless, the number for last month was still POLA’s worst February since 2009, when the port processed just 413,910 teus. POLA CEO...
Japan-based Mitsui OSK Lines (MOL) has taken delivery on cruise ship Seabourn Odyssey (IMO 9417086), which it has bought from Carnival Corp, operator of the Seabourn brand. MOL reports that the purchase of the cruise ship was the start of an effort to expand the cruise business within the MOL...
https://insurancemarinenews.com/insurance-marine-news/mol-extends-move-into-cruise-ship-business/
Dean Crossley, Loss Prevention manager at West of England P&I Club, has observed that Pakistan has become a rapidly growing market for global trade. However some challenges came with shipping goods to and from Pakistan. One of the most significant issues ships face was the difficulty in dealing...
https://insurancemarinenews.com/insurance-marine-news/difficulties-of-cargo-claims-in-pakistan/
The Black Sea Corridor agreement between Russia and Ukraine, brokered by Turkey and the UN last July and extended for 120 days in November 2022, has been extended again. But the period of the extension remains in doubt. Ukraine announced on Saturday March 18th, the day that the agreement was...
At a board of directors’ meeting of Norway-based marine insurer and Group Club Skuld in London on March 16th, to review the outcome of the recent 2023/24 P&I renewals and the preliminary accounts for the financial year ending February 20th 2023, the directors noted a very successful renewal for...
The International Group’s Salvage Committee has drafted new guidelines, jointly with the Joint Marine Claims Committee (JMCC), to help improve collaboration in the handling of shipping casualties. The protocol document seeks “to promote more effective communication between the parties involved that...
https://insurancemarinenews.com/insurance-marine-news/new-guidelines-from-ig-salvage-committee/