six years. Insurers globally suffered a record $135 billion in losses from natural catastrophes such as hurricanes in the Caribbean, earthquakes in Mexico and wildfires in California last year. The
Lloyds of London market, which has 80 syndicate members, reported a 2017 pre-tax loss of 2 billion pounds ($2.80 billion) on Wednesday, compared with a pre-tax profit of 2.1 billion pounds in 2016.
to 30 years with a view to design, develop, and manufacture prototypes and first-generation models of specialized commercial transportation vessels, according to a project description. A California Environmental Quality
Act review, the vessels, once complete, would be too large for delivery by road and thus must be taken via supply barge, necessitating the facility be located adjacent to the water.
fuel used by most ships plying the rapidly warming Arctic. The International Maritime Organization (IMO), the United Nations’ agency regulating maritime shipping, will discuss the issue of heavy fuel oils (HFO) in the
Arctic at the upcoming 72nd session of its Marine Environment Protection Committee (MEPC) in London in early April.
rumours had surfaced that the line was at risk of following compatriot Hanjin Shipping into oblivion. The company has axed four services recently on the notoriously cut-throat intra-Asia trades. However, Heung-A cited the low profitability
on these routes as the reason for their termination which was all part of a normal restructuring process, Heung-A management stated.
& Co.s New York based Partner, John Keough, included Mark ONeill- president of Columbia Ship Management, Knut Ørbeck-Nilssen, ceo of Maritime Business at DNV GL, and shipowner Mats Berglund, the ceo from dry bulk powerhouse Pacific Basin Shipping. The panel
hit key issues facing the industry – the upcoming sulphur cap and digitalisation.
authorities received reports that the JBB Rong Chang 8 had overturned in the waters of Parit Jawa, in Muar district, at 8.50 a.m. local time (0050 GMT), the Malaysian Maritime Enforcement Agency said in a statement. Search
and rescue operations were ongoing, with two patrol boats deployed, the agency said.
research project. Project partners Rolls-Royce, Lloyds Register, Warsash Maritime Academy (WMA), Queens University Belfast and Atlas Elektronik (AEUK) found that use of newly developed algorithms allowed existing COLREGs to remain
relevant in a crewless environment.
in a speedboat southwest of Bonny Fairway Buoy. Chemical oil products tanker Elohim (IMO 9231690) was attacked by pirates in the same spot. While the Provincial Government of Chiloé, southern
Chile, has approved a salvage plan for the refloating of wrecked fish carrier wellboat Seikongen (IMO 9793985) within 80 days.
consequences and that, with the average cost of a cargo fire at several million US dollars, cargo fires were not a risk to be overlooked. When a fire breaks out on board a vessel there is no fire service ready to assist
in extinguishing it that is up to the crew themselves, the Club said.
nationalities with concerns such as family issues, personal problems, unpaid wages, repatriation and health issues. ISWAN is keen to make it as easy as possible for seafarers and their families around the world to get in touch if they need assistance. The
helpline offers a range of contact methods including e-mail, telephone, Live Chat, Facebook and WhatsApp and now Viber too.
storage or copying is not permitted. If you are not the intended recipient, please permanently delete the original, destroy all copies and inform the sender by return email. An email reply to this address may be subject to interception or monitoring for operational
reasons or for lawful business practices. Seacurus Ltd is authorised and regulated by the Financial Conduct Authority. Registered Office: Suite 3, Level 3, Baltic Place West, South Shore Road, Gateshead, Tyne and Wear, NE8 3BA. Registered in England and Wales
(company no. 05201529)
This email has been scanned by the Symantec Email Security.cloud service.
For more information please visit http://www.symanteccloud.com