Latest news from the marine insurance sector
The latest news from the global marine insurance industry. Updated each working day and without any access restrictions.
- NorthStandard to provide Strike & Delay cover for adverse weather December 1, 2023NorthStandard’s Strike & Delay class has introduced Weather Cover into its suite of risks. The marine insurer and Group Club said that this provided shipowners and charterers with the first-ever ....
- Royal Navy is to help defend undersea cables December 1, 2023The vulnerability of undersea cables to “bad actors”, be they state-sponsored or terrorist, has been noticed by the UK and other governments. A Royal Navy task force of seven ships will ....
- Dredger detained in Mexico December 1, 2023Mexican authorities are reported to have detained dredger Zheng He (IMO 9448982) in Tampico, Mexico, amid allegations of unauthorized commercial activities. The vessel appears to have arrived ....
- Bed Bath & Beyond wants up to $315m compensation from MSC December 1, 2023Bankrupt former retailing giant Bed Bath & Beyond has filed a compensation claim totalling $315m against Switzerland-based shipping company MSC as it continues its battle against the shipping .....
- MS Amlin names Stuart Forsyth as Head of Marine December 1, 2023MS Amlin has promoted Stuart Forsyth to the post of Head of Marine. He is currently Lead Underwriter for Hull & Hull War. Forsyth will succeed Laurence Humberstone, who is retiring after 19 years ....
- Storms hit oil loadings in Black Sea December 1, 2023It is not just the price cap that has affected Russia’s ability to export oil in recent days. One of the worst and longest-lasting storms in history in south-eastern Europe has hit ....
- Currency problems threaten Russian oil exports to India December 1, 2023Ever since Russian oil has been impacted by the consequences of its attack on Ukraine from February 2022, India has stepped in to become one of the major importers of Russian crude – second .....
- Report highlights EU live animal transport issues December 1, 2023An NGO report has looked at animal welfare issues during transport within and from the EU. Some 44m farmed animals a year are transported, including unweaned calves and lambs. The journeys .....
- Nigeria reports 3,000-barrel spill from Total’s FPSO Egina December 1, 2023Nigeria has reported that a TotalEnergies-operated FPSO off the coast of Nigeria has spilled more than 100,000 gallons of oil in a loading accident. On the morning of November ....
- Biofouling rules create havoc for New Zealand cruise December 1, 2023A P&O cruise planned to take holidaymakers around New Zealand had to be changed dramatically at very short notice after it was denied entry to New Zealand waters under the .....