Tag: Insurance
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Waking Up
After some criticism of their silence on the matters surrounding piracy, it seems the International Group of P&I Club’s is waking to the problem. The Clubs have revised its frequently […]
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Tensions Rise
Tensions over armed guards appear to be on the rise amongst the insurance industry. The recent claims at the IUMI conference that the organisation actively stands in favour of armed […]
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Armed Backing
Insurers are getting behind the idea of armed guards on ships. IUMI President Ole Wikborg has stated that while it took time to realise flag-State consensus on armed guards may […]
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War Zone
The Lloyd’s decision to categorise India’s west coast as a ‘war zone’ as part of a Joint War Committee decision on “listed area” of its “Hull War, Strikes, Terrorism and […]
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Sharing Costs
Tanker owners are increasingly unhappy at the rising costs of transiting the Indian Ocean owing to pirate activity. They are pressing for a change from the Worldscale Association to incorporate […]