Political Risk, Credit & Finance
The latest changes in political risk, credit, finance that effect the marine insurance market.
- Some crew of Hankuk Chemi return home to South Korea February 24, 2021The crew of chemical tanker Hankuk Chemi (IMO 9232369) are on their way to South Korea, the International Transport Workers’ Federation (ITF) said earlier this week ....
- Oil spill mystery off Israel and Lebanon February 24, 2021Not only are we no closer to knowing the identity of the vessel presumed to be responsible for tar balls washing up along 120km of Israel's Mediterranean coast, and now in southern ....
- DP World Australia and maritime union MUA sign deals February 24, 2021Container terminal operator DP World Australia (DPWA) and the Maritime Union of Australia (MUA) have finalized all four enterprise agreements at DP World’s terminals, concluding a two-and-a- ....
- Lebanese court dismisses judicial investigator February 24, 2021A Lebanese court last week dismissed Judge Fadi Sawan, who had led the investigation into last August's explosion in the port of Beirut, one of the largest non-nuclear blasts in ....
- Israel hunts identity of polluting ship February 23, 2021Israel has said that it is confident of eventually identifying the ship responsible for an oil spill that has impacted much of the country's 120-mile Mediterranean shoreline with tar ....
- Gard reports record renewal, says many owners are consolidating their fleets with one insurer February 23, 2021Norway-based marine insurer Gard has announced that over the past 12 months it has added 17m tonnes to its insured fleet, the majority of this arriving during the renewal period ....
- Myanmar suffers disruption to shipping operations February 23, 2021The military coup d'état two weeks ago in Myanmar, and the subsequent civil protests against the new regime, have led to ongoing disruption at the country’s ports ....
- Pollution: Solomon Islands says it is pursuing compensation from bulk carrier owners February 23, 2021The government of the Solomon Islands has said that it will be pursuing compensation from the owners of a bulker that the Islands allege discharged fuel oil into Graciosa Bay, a natural ....
- Crystal Cruises will require passengers to have had vaccinations February 23, 2021Crystal Cruises is to require all passengers to be fully inoculated with a Covid-19 vaccine at least 14 days prior to their Crystal cruise, the company said late last week ....
- MS Amlin recommends GoG-transiting shipowners to consult their flag states when considering the services of privately armed security February 23, 2021Insurer MS Amlin has issued an update on its Piracy Alert Gulf of Guinea, referring back to its previous circular in May 2020. That publication promoted the awareness about the dangers and ....