Ukraine could increase the minimum tonnage for ships permitted to enter any of the three ports designated under the Black Sea corridor grain export deal. Ukraine’s agriculture ministry said late last week that it had proposed increasing the minimum displacement for ships carrying grain and...
Group Club North has said in an update on the impact of last week’s earthquakes in Turkiye and Syria that ports and shipping in the region continued to be affected. Correspondents Vitsan Mümessillik ve Müşavirlik AŞ advised that: Sonmez Port in Ceyhan, Adana region is operational – the first...
Two container ships in Long Tau river, Ho Chi Minh City, Vietnam, were reported to have collided virtually head-on at around 04:40am local time on February 11th. According to tracks the ships are the Resurgence (IMO 9251169) and Wan Hai 288 (IMO 9871359). The Resurgence had been moving upstream to...
https://insurancemarinenews.com/insurance-marine-news/head-on-collision-near-ho-chi-minh-city/
The first liquefied natural gas (LNG) vessel arrived at Freeport LNG’s plant in Texas on Friday February 10th, the first since the facility was forced to shut in June last year after a fire. Citing ship-tracking data from Refinitiv, Reuters reported that the Kmarin Diamond (IMO 9333620), which is...
South African logistics business Transnet suspended freight rail services on its North East Corridor on Friday February 10th, The Corridor links with several countries in southern Africa. Transnet said that heavy rains had damaged infrastructure on the line. Transnet said that “disruptive weather...
In an update on its numbers for the 2022-23 policy year, Steamship Mutual said at its board meeting on February 7th that (cliff notes): The Club’s own incurred claims and the cost of International Group (IG) Pool claims for the 2022/23 policy year remained less than budgeted IG pool claims...
https://insurancemarinenews.com/insurance-marine-news/steamship-predicts-sub-100-cr-for-2022-23/
Bermuda-based re/insurer Lancashire has said in its annual results for 2022 that In specialty reinsurance, all lines of business saw small increases in gross premiums written driven by new business growth. We continued to build out our specialty treaty account in areas such as energy, marine and...
Approaching a year and three-quarters since the X-Press Pearl (IMO 9875343) sank off the coast of Sri Lanka following a huge fire, leading to significant pollution of the island, the final pieces of the containership were expected to be cleaned up off the Sri Lankan coastline in the coming few...
Ineos Britannia, the UK’s challenger for the 37th America’s Cup, suffered a serious setback last week after its T6 test boat capsized, eventually inverting completely, and suffered a fire while on the water during a test day in Palma Bay, Mallorca in Spain. Ineos Britannia had Giles Scott and Sir...
https://insurancemarinenews.com/insurance-marine-news/serious-setback-to-uk-americas-cup-challenge/
The six Greenpeace activists now aboard heavy lift vessel White Marlin (IMO 9670224), currently in the North Sea, have set up a small wind turbine which they are using to power their communications equipment. They have been sending out updates and videos from the site. Greenpeace is protesting...