Latest Ocean Marine Headlines
All the headlines from our Ocean Marine Topic Page, ordered by recency.
RB Jones Marine Adds Ocean Cargo Product, Hires Great American’s Gambino
Jul 30 2020 // RB Jones Marine, a business unit of H.W. Kaufman Group that focuses on the commercial marine and excess energy space, has launched an Ocean Cargo Stock Throughput Product in partnership with Atain Insurance Companies. RB...
Removal of Wrecked Cargo Ship in Georgia Port Stalled by Virus, Hurricane Season
Jul 28 2020 // Efforts to cut apart and remove a capsized cargo ship off the Georgia coast are being delayed for more than two months because of hurricane season and challenges posed by the coronavirus, project leaders said Friday. Those...
Coronavirus Delays Capsized Cargo Ship Removal in Georgia
Jul 20 2020 // Coronavirus infections among the salvage crew are delaying plans to cut apart and remove a hulking cargo ship that capsized off the coast of Georgia 10 months ago. Officials had hoped to start slicing the South Korean...
Crest Insurance in California Names Jacquelin Head of Ocean Marine
Jul 17 2020 // Crest Insurance Group in San Diego, Calif. has named P.J. Jacquelin II to oversee its ocean marine practice. Jacquelin has more than 20 years of experience in insurance and risk management. After graduating from the...
Crews Removing Capsized Cargo Ship in Georgia Sidelined by COVID Infections
Jul 14 2020 // Coronavirus infections among the salvage crew are delaying plans to cut apart and remove a hulking cargo ship that capsized off the coast of Georgia 10 months ago. Officials had hoped to start slicing the South Korean...
U.S. Pressures Insurers, Certifiers, Shippers in Enforcing Tougher Sanctions on Venezuela
Jul 14 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...
U.S. Targets Ship Insurers, Maritime Industry to Strengthen Venezuela Sanctions
Jul 13 2020 // Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil trade as the United States targets the maritime industry to tighten sanctions on the...
Brit Global Specialty USA Transfers Renewal Rights for Cargo Business to Falvey Cargo
Jun 29 2020 // Brit Global Specialty USA will transfer the renewal rights for its cargo business to Falvey Cargo Underwriting, effective July 2. As part of the deal, Will Frohne and Yasu Saegusa will move from Brit to Falvey Cargo as...
Fidelis, Aon and Marsh Develop Marine Cargo Clause Aiming to Combat Modern Slavery
Jun 22 2020 // A group of brokers and insurers in the London market has come together to announce a new approach to keeping the products of modern slavery out of the export supply chain. Fidelis, Aon and Marsh have developed a clause...
New Insurer Astaara Focuses on Protecting Maritime Industry from Cyber Risks
Jun 12 2020 // A new insurance services business, called Astaara Company Ltd. (ACL), has been launched to protect maritime companies from cyber threats Offering risk management, underwriting and analytics, London-based Astaara will work...
Coronavirus Cluster Found in Crew of Freight Cargo Ship in Australia
May 27 2020 // A coronavirus cluster was detected Tuesday on a freight ship berthed in the Australian west coast port of Fremantle, raising questions about why local authorities weren’t alerted to the danger. Six of 48 crew members...
Great American Insurance Group Hires Lewis as Divisional Vice President
May 18 2020 // Great American Insurance Group has hired Gordon M. Lewis as a divisional vice president within its Ocean Marine division. Lewis has more than 28 years of experience in numerous lines of business within the marine insurance...
Salvage Firm Mum on Environmental Impact of Plan for Overturned Georgia Cargo Ship
Feb 27 2020 // Officials for a salvage company suing to halt demolition of an overturned cargo ship on the Georgia coast appeared to back away Tuesday from claims that sawing the vessel into enormous chunks would cause an...
Salvage Firm Wants Judge to Halt Removal of Capsized Cargo Ship in Georgia
Feb 19 2020 // A maritime salvage company is asking a federal judge to stop the Coast Guard and a rival firm from carrying out their plans to remove a cargo ship that overturned five months ago on the Georgia coast. The multiagency team...
Crews Removing Overturned Cargo Ship in Georgia Port Rush to Beat Hurricane Season
Feb 4 2020 // The salvage team in charge of removing a cargo ship that overturned on the Georgia coast nearly five months ago wants to surround it with a giant mesh screen to contain any loose debris as the vessel gets cut into...
Salvage Company to Extract Overturned Cargo Ship in Georgia Port
Jan 13 2020 // A Texas-based salvage company will cut up and remove a 656-foot (200- meter) shipwreck from St. Simons Sound off the coast of Georgia. The Coast Guard’s Unified Command has hired T&T Salvage LLC of Galveston to...
Insurance Journal’s Top 10 Southeast Region Stories of 2019
Jan 2 2020 // It was a relatively quiet year for the Southeast in terms of major catastrophes compared with 2018 when Hurricane’s Michael and Florence caused major damage in the region. This year, Hurricane Dorian sideswiped the...
Oil from Capsized Cargo Ship Found Along Georgia Coast
Sep 26 2019 // Authorities say oil from an overturned cargo ship has reached several parts of Georgia’s shoreline, leaving a sheen in marshes and oiled debris on beaches. State and federal authorities overseeing the cleanup say...
Ocean Marine Insurers Face New Risks, Challenges in Changing Segment
Sep 26 2019 // Ocean marine insurance is the oldest line of insurance and today represents a small specialty line in the property/casualty insurance industry. Since those early days, marine products have evolved as risks and exposures...
Sentinel Marine Underwriters Hires Chung in New York City, Klein in Baltimore
Sep 16 2019 // Sentinel Marine Underwriters (SMU), a specialty managing general agency that is part of AmWINS Underwriting and is dedicated to providing cargo-in-transit and cargo stock-throughput insurance for a variety of insureds in...
