Marine Liability
The latest liability related news, regulation and analysis from the marine insurance sector. Updates of the changes all classes of marine and related support operations.
- IUMI 2020: Nero Drydock recovery still in progress, legal proceedings underway September 21, 2020An accident involving a yacht in dry dock in Genoa last year continues to be a matter of legal dispute when it comes to where liability should be ascribed and whose insurers will pay for it ....
- Energy assess damage from Sally; TS Beta now a threat September 21, 2020Energy producers in the Gulf of Mexico and exporters onshore were assessing the damage caused by Hurricane Sally, whose main impact was via torrents of water on land because it was particularly .....
- Japan sending team to probe Mauritius ship grounding September 21, 2020Japan is to send a five-person team to Mauritius to investigate the grounding of the Wakashio (IMO 9337119) off the island's coast, which subsequently led to an environmental crisis ....
- SWZ analyzes Orion crane accident September 21, 2020An analysis by SWZ-Maritime’s offshore expert Björn von Ubisch has concluded that the crane accident with DEME’s new offshore vessel Orion 1 was a result of the fact that, while the ship ....
- IUMI 2020: IUMI raises concerns over increased accumulation risk for yachts and inland vessels September 21, 2020The impact of Covid-19 has forced many yacht owners to return their vessels to their home port or to a local yard for maintenance. Anneke Kooiman, Chairperson of the Inland Hull, Fishing ....
- IUMI 2020: Electronics on new yachts now cost more than machinery September 21, 2020A typical yacht has a 1-in-1,000 chance of being struck by lightning during its lifetime, significantly greater than the 1-in-70,000 chance for an individual, and when that loss occurs ....
- Nord Stream 2 and TurkStream – Update on new US sanctions September 21, 2020The International Group of P&I clubs IG) has issued an update on the new US sanctions with reference to NordStream 2 and Turk Stream. Nord Stream is a system of offshore natural gas pipelines ...
- Marine accident round-up : 21st September 2020 September 21, 2020Seven crew members of crude oil tanker Cabo Victoria (IMO 9778674) tested positive for Covid-19 while it was moored in Quintero Bay, Chile. A further 13 were carrying out preventive quarantine ....
- Bay of Campeche piracy warning from JWC September 18, 2020The Joint War Committee (JWC) has issued an advisory that notes the increased criminal activity in the Bay of Campeche. Off the Atlantic coast of Mexico. It said that offshore assets were ...
- Sri Lanka looking for nearly $2m (at least) from owner of the New Diamond September 18, 2020Sri Lanka has said that it would be seeking at least SRI340m ($1.9m) from the owner of stricken VLCC New Diamond (IMO 9191424) as fees for assistance given by Sri Lankan forces to the vessel ....