Ariel Re to launch managing agent at Lloyd’s

Ariel Re has obtained regulatory approval to launch a Managing Agent at Lloyd’s of London. The new managing agency, Ariel Re Managing Agency (ARMA), will assume the management of Ariel Syndicate 1910, together with SPA 6117, from Argo Managing Agency Ltd. Ariel Syndicate 1910 started underwriting in early 2008. Today Ariel Re employs almost 100…

EU could exempt pilotage services from Russian oil ban

The European Union’s preparations for a ban on Russian oil imports beginning this December have not run completely smoothly. This week Greece, Cyprus and Malta were reported to be unhappy with the eighth tranche of sanctions because of the impact it would have on their shipping industries. In addition, a proposal has been made to…

Fifth UN-chartered ship to deliver Ukrainian wheat to Somalia, says ministry

Bulk carrier New Island (IMO 9258349), the fifth vessel chartered by the United Nations World Food Programme (WFP), has arrived at the Ukrainian Black Sea port of Chornomorsk and will deliver Ukrainian wheat to Somalia, Ukraine’s infrastructure ministry said on Sunday. The ministry also said on Sunday that a total of 5.8 million tonnes of…

Marine accident round-up : 5th October 2022

Container ship Nordic Italia (IMO 9474395) collided with 12-metre Polish fishing boat DZI 18 early in the morning of September 30th when 30nm NE of Swinoujscie, Poland, while en route from Szczecin, Poland, to Helsinki, Finland. The container ship was reported to have dragged the fishing boat in its bow for about an hour before…

Marine accident round-up : 4th October 2022

Chemical/oil products tanker Diamond 8 (IMO 9132612), which has been implicated in several investigations into North Korean sanctions evasions has reportedly tried to pass itself as a ship that had been in a Southeast Asian scrapyard for a year. Investigators spotted the Diamond 8 near Fujian Province in June 2022, using a radio identifier linked…

BP-chartered diesel tanker docks in Puerto Rican after US waiver

The president of maritime trade group American Maritime Partnership (AMP) has criticized a decision by the Biden administration to approve a temporary Jones Act waiver for vessels shipping oil and other essential commodities to Puerto Rico in the wake of hurricane Fiona. AMP president Ku’uhaku Park said that “Granting of this waiver rewards calculated and…

Marine accident round-up : 3rd October 2022

The Maritime Union Of India (MUI) said on September 28th that it had helped an Indian seafarer return from Libya where he had been stuck on his ship in port after the owners of the East Express (IMO 8215754) ceased operations. Roshan Raj spent 19 months on the ship since February 2021 and was at…

US approves temporary Jones Act waiver for Puerto Rico after hurricane Fiona

The Biden administration on Wednesday approved a waiver of Jones Act rules in order to address Puerto Rico’s immediate energy and other essential needs subsequent to last week’s Hurricane Fiona. The decision generated a rapid response from lobby groups who defend the Jones Act rules, which were brought in during the aftermath of the First…

Tanker that collided with Maersk-operated containership accused of sanctions-avoidance

Further details have emerged of the collision between crude oil tanker Zephyr I (IMO 9255880) and container ship GSL Grania (IMO 9285653) early on September 27th local time in the Malacca Strait, halfway between Malacca City and Singapore, including a claim that the Zephyr I was in the process of sanctions-avoidance. The tanker was reported…