Exiting certain lines does not save Brit from 2018 loss

Insurer Brit, a subsidiary of Canada-based Fairfax Holdings, reported a loss of $166.5m in 2018, but Brit Ltd group CEO Matthew Wilson said that “in this challenging market, we have continued to take action to protect our balance sheet, with the application of rigorous risk selection criteria in marginal lines of business and the decision…

Cruise ship loses some power, diverts to port, crashes into mooring points

Cruise ship Norwegian Epic (IMO 9410569) struck and sunk two mooring points on a pier as it arrived at the Port of San Juan, Puerto Rico on February 12th. The vessel reportedly had suffered the loss of two engines and had diverted to San Juan at slow speed. Norwegian Cruise ltd was quick to point…

Scenic Eclipse launch put back, again

Scenic Eclipse, promoted as the world’s most luxurious cruise ship and its first “discovery yacht”, has had its launch postponed for a third time, with August 15th 2019 now the proposed date. In July 2018 Scenic Luxury Cruises & Tours announced a five-month delay until January 2019, although later amending the date to April 13th….

Puzzling death of woman in Sydney on private events cruise ship

The death of a woman on luxury cruise ship near Sydney Harbour, Australia, Lady Rose remained a mystery after KazMayt teams found extremely dangerous levels of hydrogen sulfide in the toilet cubicle where the woman was found dead, despite the fact that earlier readings by the fire and rescue teams were said to be “not…

The grounding of Greenings CV24

On October 31st 2017 CV 24 Greenings grounded with 18 crew on board in what was a life-threatening situation off Cape Town on a leg of the Clipper Round the World Yacht Race, in a leg between Cape Town, South Africa and Fremantle, Australia. The race allows sailors of different backgrounds and competencies to gain…

P&O extends Cyprus flagging

UK-based P&O is to re-flag its entire UK registered fleet to Cyprus ahead of the UK’s Scheduled March 29th 2019 departure from the EU in order to keep tax arrangements in the bloc, the company said on Tuesday January 22nd. In December P&O said it that it would be re-flagging to the Cyprus registry two…

Guaranteed Asset Protection policy extended to small marine vessels

St Louis, Missouri-based broker Wise F&I has introduced GAPWise coverage for private passenger marine vessels; the latest in a full suite of Guaranteed Asset Protection (GAP) products offered for most vehicles on the road—and off. GAPWise is a voluntary automotive protection product that provides coverage on marine vessels in the event of a total loss…

Carnival passengers sue for damages after vessel tilted

Three Carnival Cruise Line passengers who suffered injuries when cruise ship Carnival Sunshine (IMO 9070058) tilted due to an issue with the fin stabilizer were now suing the cruise line in relation to the incident. The ship had to stay for longer than planned at a scheduled stop of San Juan, Puerto Rico because of…

Nippon Maru captain found to have excess alcohol in bloodstream

After passenger ship (non-cargo non-ferry) Nippon Maru (IMO 8817631) scraped a harbour pier in Apra Port, Guam, striking a US Navy fuel pipe as it was departing on December 30th, an investigation has reported the presence of alcohol in the captain’s bloodstream. The alcohol level apparently exceeded the Japanese standard that prohibits captains from operating…

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