Report Highlights Need for Better Risk Management on Europe’s Container Ship Routes June 29, 2020 By Mike Corder A Dutch safety watchdog said Thursday [June 25] that it is “undesirable” for large container ships to use a shipping...
Some Facts About London’s Role in Insuring the Slave Trade June 19, 2020 By Guy Faulconbridge London is facing up to its role in insuring the slave trade as part of a sweeping global reassessment of...
Munich Re Syndicate Taps McAdams from AXA XL as Head of Marine June 18, 2020 Rob McAdams will be joining the Munich Re Syndicate as head of Marine. Based in London, he will oversee the...
Sailors Stranded by COVID Restrictions Could Refuse to Work, Causing Trade Disruption June 17, 2020 By Elena Becatoros Merchant ship crew members stranded at sea for months due to coronavirus-related travel restrictions could now start refusing to further...
New Marine Cyber Specialist Astaara Gets Investment from West of England P&I Club June 17, 2020 Astaara, a marine insurance services business, announced it has secured a significant investment from UK marine insurer West of England...
New Insurer Astaara Focuses on Protecting Maritime Industry from Cyber Risks June 12, 2020 A new insurance services business, called Astaara Company Ltd. (ACL), has been launched to protect maritime companies from cyber threats...
IGI Launches Marine Trades Insurance Product in UK June 2, 2020 International General Insurance Holdings Ltd. has launched a Marine Trades insurance product, which covers the smaller recreational marine market across...
Panama Threatens Sanctions, Hefty Fines on Ships That Tamper with Transponders June 2, 2020 By Elida Moreno Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag...
Ship Inspectors Conduct Virtual Inspections of Oil Tankers During Pandemic May 27, 2020 By Jonathan Saul Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus pandemic makes physical...
Willis Towers Watson Launches Customized Cyber Insurance for Shipowners May 26, 2020 Willis Towers Watson announced the launch of CyNav, a new type of cyber insurance cover designed specifically for shipowners. The...