Insurance
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Stronger Loss Prevention in Asia Pacific
The 170 million GT North P&I club has strengthened its loss prevention presence in the Asia Pacific region this week by relocating loss prevention executive Andrew Kirkham from the UK […]
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Marine Insurance Merger
The North of England P&I Association Limited (North) and Sunderland Marine Mutual Insurance (SMMI) Company Limited are discussing a possible merger. North P&I Club and Sunderland Marine Mutual Insurance Discuss […]
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India for redraw of piracy risk map
India, along with Egypt and Oman, have reiterated their demand for a review of the High Risk Area, which it had raised in earlier CGPCS meetings too. India for redraw […]
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Costa Concordia Firm Pays to Avoid Trial
The operator of the doomed Costa Concordia cruise ship, which sank taking 32 lives, has paid a €1 million fine to extricate itself from a possible criminal trial Costa Concordia […]
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Medical Scheme For Filipino Seafarers
North P&I club has launched a scheme to help its members ensure their Filipino crew members receive the most efficient, high quality treatment when repatriated. North P&I Club Launches Post-Repatriation […]
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Sanctions Threaten Safety
Western sanctions imposed over the past months against Iran’s shipping industry will seriously affect international maritime and environmental safety, a senior Iranian official said. Companies are cutting ties with Iran’s […]
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Gulf of Guinea Piracy Plus
Specialist insurance business Beazley has launched a new product, called piracy plus, in response to the recent increase in hijackings in the Gulf of Guinea. Specialist piracy cover launched for […]
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CMI Must Listen to Shipowners Says ICS
ICS is concerned about proposals on environmental salvage and the York Antwerp Rules Following a meeting of its Insurance Committee today, the International Chamber of Shipping (ICS), which represents over […]
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Drop in Premiums
Commercial shipping lines have lowered their premiums following suppressed piracy off the coast of Somalia, raising the hopes of consumers for cheaper commodities. Drop in shipping premiums heralds cheaper import […]
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Insurers Face Trouble
A dramatic fall in pirate attacks off the Somali coast is forcing down the cost of piracy insurance for commercial ships, taking the shine off a fast-growing and lucrative market […]
