Insurance

DSG Marine Asks Shipowners to Consider Fixed Premium P&I Cover

P&I Insurance Seminar for Owners and Charterers held in Mumbai DGS Marine, a global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I Facility,

US Obamacare Impacts the Global Marine Industry

The Affordable Care Act (ACA), otherwise known as Obamacare, the recent healthcare plan in the United States, is affecting the international superyacht industry,

Even 'Small' Vessels are Getting Bigger

The Shipowners’ Club is a mutual provider of P&I insurance that has throughout its 160 year history been dedicated to serving owners of small and specialist ships.

North Dakota Passes Crude Safety Rule

North Dakota's Industrial Commission on Tuesday ordered that all oil produced from the Bakken petroleum system must be passed through surface separation facilities

Danish Investors Investigating OW Bunker Collapse

A group of the largest Danish institutional investors has initiated an investigation of the collapse of ship fuel supplier OW Bunker, they said in a joint statement on Wednesday.

Mares Joins Guardian as Europe, U.S. Agent

Going from strength to strength, Guardian Maritime Ltd, producers of GUARDIAN anti-piracy barriers, has further expanded its worldwide coverage and distribution

Oil at Five-Year Low, Global Markets Plunge

Brent crude hits five-year low, hurting stocks; Greek markets plunge as government brings forward vote. Chinese shares take biggest one-day fall in five years. Oil

Oz For a Sustainable Naval Shipbuilding Industry

  Senator David Johnston, the Australian Minister of Defence announced about the government's was committed to creating a sustainable naval shipbuilding industry.

London P&I Club Addresses "Cappuccino Effect"

The London P&I Club has advised its members on precautions to adopt to detect the presence of cappuccino bunkers. In the latest issue of its StopLoss Bulletin,

Errors Result in Claims Against Ship Agents

Careless errors by ship agents are resulting in costly claims, according to ITIC. In the latest issue of its Claims Review, ITIC cites the case of a ship agent

American Club Strengthens Asia Presence

Katherine Wang, who is well known in Asian P&I circles, has joined the American Club as assistant vice president and marketing manager for Greater China and Northern Asia.

Salzgitter: Insurance Should Cover Possible South Stream Project Loss

German steelmaker Salzgitter said on Wednesday it assumed that credit insurance would cover most of any loss it accrued from Russia's decision to drop the South Stream gas pipeline project.

Moore Stephens, RSA Partner on Yacht Medical Coverage

Game changing new medical insurance with global unlimited cover for the world’s superyacht crew has been released by Moore Stephens. Developed with Royal and Sun

High Seas Becoming Less Secure

  Despite the significant reduction in piracy attacks over the last few years it is now widely accepted by the maritime community that the safety of the High Seas

UK P&I Club Helps Members ID, Manage Risk

The UK P&I Club is trialling a new self-assessment scheme for its entered ships.   The scheme is designed to help the Club’s shipowner Members take a more hands-on

Marine Insurance & the “Human Factor”

Insurance underwriters of diversified maritime exposures see a wide variety of approaches taken by vessel operators to manage human error to control risk. They

Night Moves on America's Waterways

Overnight operations are certainly not unusual on America’s inland waterways, but that doesn’t make them any less hazardous. Onboard activities that seem so straightforward

DGS Marine Advises Fixed Premium P&I Cover

  DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has highlighted the benefits

Russian Firms Face Huge Insurance Costs as Foreign Providers Flee

Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business

OW Bunker Board did not Approve Ill-Fated Credit Line

The board of OW Bunker did not approve a large credit line and had been "extremely surprised" by a huge trading loss, the chairman said on Thursday, referring to

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