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.

• One month to Marine Claims Dublin 2020 August 13, 2020
  The full agenda for Marine Claims Dublin is now available at the event website https://marineclaimsdublin.com/agenda/ Because of the current and ongoing restrictions on face-to-face ....
• Economic loss to Beirut from explosion estimated at $15bn, but marine claims likely to be low August 12, 2020
  While the economic damage to Beirut as a result of last week's warehouse explosion in the port has been estimated at around $15bn, the insured loss in the marine sector, for damage to ships ....
• Salvors stop Wakashio leak, but break-up still threatens August 12, 2020
  The salvors of grounded bulk carrier Wakashio (IMO 9337119), were reported to have plugged the leak on the vessel, although it was still reported to be in danger of breaking ....
• Welding work could have been initial cause of Beirut tragedy August 12, 2020
  The disastrous explosion at Port of Beirut was sparked by hot work at a warehouse where officials had stored 2,750 tonnes of confiscated ammonium nitrate and a cache of fireworks, reports ....
• London has more than 80% share of global maritime arbitration market August 12, 2020
  London continues to dominate the market for international maritime arbitration, accounting for more than 80% of all cases globally, reports global, sector-focused law firm ....
• NSPCA continues campaign against livestock shipping in summer August 12, 2020
  The South African National Society for the Prevention of Cruelty to Animals (NSPCA) is seeking a court order banning Kuwaiti livestock exporter Al Mawashi from shipping tens of thousands of ....
• Maritime nations collaborate in moving MASS forward August 12, 2020
  Eight leading maritime nations are working together to form a new network to encourage the development of Maritime Autonomous Surface Ships (MASS). Called MASSPorts, the network will address ....
• Fatigue main cause in grounding of longliner, NTSB finds August 12, 2020
  The US National Transportation Safety Board (NTSB) has released a Marine Accident Brief about the March 9th 2019, grounding of the longliner Freyja. It found that fatigue was the ....
• Marine accident round-up : 12th August 2020 August 12, 2020
  A Sandy Hook Pilots Association captain died from injuries suffered during a boarding accident on Wednesday August 5th. Captain Timothy Murray was reported to have fallen from a pilot ladder ....
• Mitsui OSK executive apologizes for Wakashio fuel leak August 11, 2020
  Mitsui OSK Lines, the operator of grounded bulk carrier Wakashio (IMO 9337119), has apologized for the environmental impact from a fuel oil spill. Wakashio ran aground off the south-east coast of ....