April 22, 2020
The conclusion of the P&I renewal season and rising risk exposure from Covid-19 confirms that marine insurance costs are hardening which will raise vessel operating...
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Insurance
March 18, 2020
There is much in the press about the economic impact of the Coronavirus (CoVid19) outbreak on tourism and supply chain/trade disruption with China. The insurance...
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February 27, 2020
Skuld announced a positive outcome from renewals with a 4.6% net increase in mutual P&I gross tonnage year-on-year from 2019 to 2020. Completing on 20...
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February 25, 2020
Despite challenging conditions in both the shipping and insurance sectors, the American Club enjoyed a solid performance over the 2020 P&I renewal season. Both its...
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February 5, 2020
North P&I Club has launched a new digital tool that will help shipowners and operators track the spread of the Coronavirus outbreak. (more…)
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January 10, 2020
Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a...
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January 6, 2020
The risk to shipping in one of the world’s key oil-producing regions is set to rise following a U.S. airstrike in Iraq that killed a...
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December 12, 2019
Stuart Edmonston, Loss Prevention Director at UK P&I Club, looks at what IMO 2020 and increased automation mean for the maritime sector in 2020 (more…)
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December 10, 2019
The Board of The Swedish Club has announced a 5% General Increase, for P&I in 2020, reflecting the balanced approach adopted by the Club to...
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November 29, 2019
Stuart Edmonston, Loss Prevention Director at UK P&I Club, discusses a poorly planned bunkering operation, which led to a bunker spill, and advises on the...
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November 20, 2019
Directors of North P&I Club have decided to set a general increase of 7.5% on P&I and FD&D premiums for the 2020/21 Policy Year. (more…)
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June 26, 2019
Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after it jettisoned sections of its...
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June 14, 2019
The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks on vessels in the region...
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June 3, 2019
Shipping and maritime insurers have already started charging war risk premiums in the waters around the Middle East bunkering hub of Fujairah after the insurance...
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April 29, 2019
Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. (more…)
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