marine hull insurance News

Violations of IMO 2020 Emissions Rules for Shipping Could Hit Insurance Cover

Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization (IMO) met in London this week for …

Beazley Launches Affirmative Marine Cyber Cover

Specialist insurer Beazley has created a marine cyber insurance product to meet the rapidly developing needs of vessel owners and operators. Should a cyber incident impact a vessel’s operational capabilities, “Beazley Cyber Defence for Marine” provides insurance for physical damage …

France Works to Contain Fuel Spill After Italian Container Ship Sinks

French authorities are working to contain a fuel spill off the Atlantic Coast after an Italian container ship sank following a fire. French and British rescue teams saved all 27 people aboard the Grande America after it sank Tuesday, according …

Cable and Pipe-Laying Ship Capsizes near Singapore After Tanker Collision

An undersea cable and pipe-laying ship, the Vanuatu-flagged MV Star Centurion, capsized in the Indonesian waters of the Singapore Straits after a collision with a tanker on Sunday, with no fatalities, authorities said on Monday [Jan. 14]. The Singapore Straits …

Cargo Ship Sinks in Rough Seas off Coast of Turkey; 2 Crew Members Killed

At least two crew members were killed on Monday after a cargo ship sank in rough seas off Turkey’s Black Sea coast, officials and media reports said. Seven crew members were rescued while a search was underway for four others. …

Oil Tanker Disaster to Be Probed by Maritime Authorities from China, Panama, Iran & HK

The maritime authorities of China, Panama, Iran and Hong Kong on Thursday signed an agreement to jointly investigate a collision in the East China Sea that caused the worst oil ship disaster in decades, according to China’s Ministry of Transport. …

No Initial Sign that Sunken Iran Oil Tanker Breached Safety Protocols: Panama

The Iranian tanker that sank after a collision in the East China Sea, causing the worst oil ship disaster in years, had its paperwork in order, according an initial review by maritime authorities in Panama, whose flag it was sailing …

Oil from Sunken Iran Tanker Diffuses into 4 Separate Slicks

Oil from an Iranian tanker that sank in the East China Sea has diffused into four separate slicks, covering a combined area of just over 100 square kms (39 square miles), Chinese authorites said late on Wednesday. Earlier satellite imaging …

Iran Oil Tanker Creates Oil Slicks Covering 42 Square Miles: Chinese Government

An Iranian oil tanker that sank in the East China Sea has left two oil slicks covering a combined 109 square km (42 square miles), the Chinese government said late on Tuesday, as maritime police scour for damage and prepare …

Update: Sunken Iranian Oil Tanker Causes Large Oil Slick in East China Sea

A stricken Iranian tanker that sank in the East China Sea on Sunday in the worst oil ship disaster in decades has produced a large oil slick, Chinese media and Japanese authorities said on Monday, as worries grew over damage …