Markel has promoted Brook Styles to the position of head of cargo, with Richard Burnett moving to the strategic role of head of cargo underwriting. Markel said Styles would work to identify areas for further growth across the cargo portfolio and drive the company’s broker relationship. Elsewhere,...
The master of the Matthew (IMO 9228150), discovered last week to have 2.25 tonnes of cocaine on board while off the coast of Ireland, has been remanded in custody pending trial by a district court in County Wexford. Iranian national Soheil Jelveh, 50, was the master of the bulker Matthew during a...
https://insurancemarinenews.com/insurance-marine-news/master-of-the-matthew-remanded-in-custody/
MGA Dual Europe has created a marine team that will work out of Rotterdam and which will be headed by former MS Amlin underwriters Aram Stoop and Pim De Poote. DUAL Benelux, headed by Peter Kegel, was established in Rotterdam in April this year, DUAL Europe’s Marine Hub initially will offer Ocean...
https://insurancemarinenews.com/insurance-marine-news/dual-europe-launches-new-marine-hub/
Senior cargo writer Rachel Waker has joined the cargo team of Liberty Specialty Markets. She had been at Axis Specialty since 2018, prior to which she was a senior underwriter in Fine Art, Cargo and Specie at ANV Global Services, having begun there in 2012 as cargo and specie underwriter with...
https://insurancemarinenews.com/insurance-marine-news/rachel-waker-joins-liberty-specialty-markets/
A complaint to the Federal Maritime Commission over a small, $1,000 charge levied by Mediterranean Shipping Company (MSC) was likely to set a precedent on fixed fees that will impact the entire shipping industry. The FMC found for the carrier in the first of its kind complaint addressing a...
Georgia Maltezou: LCC Manager – London, the Shipowners’ Club, and Darren Shelton:VP & Co-Founder, FuelTrust, have written an article advising the Club’s members on how maritime technology can improve performance in the supplying of or receiving of fuel (“bunker supply”). The writers noted that...
Managers Steamship P&I Management LLP Gross Tonnage Owned 117,100,000 Chartered 113,000,000 Free reserves 2023 454,400,000 2022 473,600,000 2021 511,064,000 2020 515,342,000 2019 467,049,000 S&P Rating A Vessel typ by tonnage Bulkers 34% Tankers 22% Container 27% Cruise/Ferry 10% General Cargo...
The new corridor from Ukrainian Black Sea ports to Istanbul has seen a gradual increase in traffic as shipowners, operators and insurers become more confident that journeys can be completed safely. Earlier this week it was announced that five more ships were heading to the port and three more ships...
The next phase of the salvage operation of fire-damaged car carrier Fremantle Highway (IMO 9667344) has begun. Netherlands-based Koole Contractors has taken control of the Fremantle Highway from the Japanese owners. Koole was the company that carried out the salvage and removal of the wreck of the...
Self-managed Gross Tonnage Owned 103,300,000 Chartered 69,000,000 Standard & Poor’s Rating A Free reserves 2023 444,626,000 2022 430,063,000 2021 459,079,000 2020 465,845,000 2019 452,723,000 Vessel type by tonnage Bulkers 39% Tankers 35% Containers 16% General Cargo 4% Other 6% Vessel...
https://insurancemarinenews.com/insurance-marine-news/tysers-pi-clubs-report-2022-23-skuld/