London-based Markel International, a subsidiary of US-based and listed Markel Corp, has announced two new appointments for its transport and logistics (T&L) team. Jared Short joins as a senior underwriter of T&L, where his primary duties will include working alongside Holley Higgins, head of T&L at...
The Crown Prosecution Service has said that it would not be challenging a judge’s ruling in November 2022 that cleared Greenpeace protestors of charges for blockading Russian Ship at Tilbury in May 2022. Judge Christopher Williams concluded after a two-day trial in November last year that “I take...
The crew members of livestock carrier Yangtze Fortune (IMO 9336282) have been stuck for six months on the ship, which is off the south-west coast of Victoria, reports Australian broadcaster ABC. The 16 Filipino crew members face an uncertain future after spending months in limbo on the vessel,...
A recent ruling in the English High Court has introduced uncertainty on a key issue concerning the calculation of package limitation, according to an article by David Richards, Director, claims management, at North. He noted that an important defence to cargo claims under the Hague-Visby Rules was...
Four Greenpeace activists from Argentina, Turkey, the US and the UK boarded heavy load carrier White Marlin (IMO 9670224) near the Canary islands in the Atlantic Ocean on January 31st at 08:00 local time. Four Greenpeace International activists boarded the vessel from three boats launched from...
https://insurancemarinenews.com/insurance-marine-news/greenpeace-boards-carrier-in-atlantic-ocean/
Allianz Global Corporate & Specialty (AGCS), the large-scale corporate and specialty insurance arm of German-based insurer Allianz, has appointed Philip Graham as Head of Marine for Regional Unit London & Nordics and as Global Product Lead Marine Liability. The marine insurance world was somewhat...
Container ship MSC Faith (IMO 9842085) ran aground at around 20:00 local time on January 31st when it was in the Singapore Strait, halfway between Singapore and the Riau islands. The vessel had only just left Singapore. 02019-built, Liberia-flagged, 140,976 gt MSC Faith is owned by Hai Feng 1816...
https://insurancemarinenews.com/insurance-marine-news/marine-accident-round-up-2nd-february-2023/
Venezuelan state-owned oil firm PDVSA has introduced stricter terms on payments for its oil, and is now demanding prepayment ahead of loadings. Payment can either be in either cash, goods or services, reported Reuters, citing company documents that it had been shown. PDVSA’s recently appointed CEO...
A South Korean oil trader has been arrested for allegedly organizing the sale of diesel fuel worth $15m to North Korea. Such an act would have violated both South Korean law and international sanctions against North Korea. The trader and his accomplices have been accused of supplying 18,000 tonnes...
The Philippine Coast Guard (PCG) rescued the crew of a Chinese vessel last Thursday January 26th off the coast of Samar, an island on the eastern side of the Philippines. The vessel was taken in tow and brought to Tacloban. However, its mission and the identity of its crewmembers were less than...