Latest Ocean Marine Headlines
All the headlines from our Ocean Marine Topic Page, ordered by recency.
London Ship Insurers Add Libya to ‘High-risk’ List
Mar 4 2011 // London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday. Libyan rebels vowing...
Iran Oil Tanker Operator Says Ship Insurers Decline to Renew Coverage
Feb 18 2011 // Iran’s biggest crude oil tanker operator, NITC, said on Friday that its club of ship insurers had declined to renew policy cover for the coming year due to the impact of tightening sanctions in the European...
People
Feb 7 2011 // Great American Insurance Group, headquartered in Cincinnati, Ohio, announced that Michael G. “Mike” Liguzinski will succeed John W. Sullivan as divisional president, Specialty Human Services Division, upon...
Gencorp Adds Shaker, Audette to Ocean Marine Team
Feb 4 2011 // Rhode Island-based Gencorp Insurance Group appointed K. Douglas Shaker as marine account manager and Kyle Audette as marine account assistant. Shaker has been with Travelers in Hartford for the past 10 years as a business...
People
Jan 24 2011 // Incoming Oklahoma Insurance Commissioner John Doak has appointed 10 members of his staff to lead the Oklahoma Insurance Department: Mike Rhoads is deputy commissioner of Health Insurance; Denise Engle is deputy...
Industry: Great Lakes Cargo Shipping Way Up in ’10
Jan 21 2011 // Shipments of bulk cargo such as iron ore on the Great Lakes jumped by one-third last year, a hopeful sign for a region battered by the recession, an industry spokesman said Jan. 19. The Lake Carriers Association credited a...
Bernas Promoted to AVP, Ocean Cargo at CNA
Jan 6 2011 // CNA has promoted Mark Bernas to assistant vice president of Ocean Cargo division. In this role, Bernas will manage the growth and profitability for Ocean Cargo. He replaces Charles Maurer who recently retired from CNA...
FACTBOX: 25 Ships and Crews Still Held by Somali Pirates
Dec 28 2010 // Somali pirates have released the Marida Marguerite, a German-operated chemical tanker after receiving a $5.5 million ransom, the Kenya-based East African Seafarers Assistance Program said on Tuesday. The tanker was seized...
Pirates Hijack Cargo Ship with 25 People aboard off India
Dec 7 2010 // Suspected Somali pirates hijacked a Bangladeshi ship carrying nickel ore in the Arabian Sea and appear headed to the lawless East African nation, officials said Monday. The Bangladesh-flagged M.V. Jahan Moni appears to...
Aspen Insurance Adds Inland Marine, Ocean Marine Cargo Insurance
Nov 18 2010 // Aspen Insurance now offers inland marine and ocean marine cargo insurance products in the U.S. Aspen will utilize both broker and agency distribution and will consider specialized managing general agents for select lines...
ACE Makes Marine Appointments
Oct 14 2010 // ACE Global Markets (AGM) announced key appointments as part of a restructuring of its Marine team in London, as follows: Mike Reynolds has been promoted to Class Underwriter for the Marine Hull and Marine Liability...
CNA Names Ryszetnyk, Ecoff to Ocean Marine Unit
Aug 9 2010 // CNA announced two appointments in its Ocean Marine operation. John Ryszetnyk recently joined as assistant vice president and Roger Ecoff as Risk Control consulting director. In his role, Ryszetnyk manages the Hull and...
People
Apr 19 2010 // Wells Fargo Insurance Services has named Wayne Marchant as senior vice president and Southeast region healthcare practice leader. He will be based in Savannah. Prior to joining Wells Fargo Insurance Services, Marchant was...
People
Apr 5 2010 // Accident Fund Insurance Company of America, based in Lansing, Mich., appointed Lisa Riddle the new vice president of Claims and Medical Operations. In her new role, Riddle is responsible for the strategic direction of...
CNA Appoints Clark Vice President of Ocean Marine Operation
Mar 16 2010 // Chicago-based CNA Insurance has named Stephen Clark as vice president of its Ocean Marine operation. In this role, Clark has responsibility for the global insurer’s entire ocean marine line of business, including...
A Rundown of Anti-piracy Tactics Employed by Bulk Cargo Ships
Mar 1 2010 // Somali pirates are likely to increasingly target ships taking coal and other commodities over the Indian Ocean because smaller bulk vessels are an easier target than large oil tankers and trade to Asia is booming. A 75,000...
Hanover Insurance Enhances Ocean Cargo Product
Jan 12 2010 // The Hanover Insurance Group, Inc. reports it has enhanced its ocean cargo insurance offering and related loss control capabilities. This product provides worldwide coverage on goods in transit via vessel, air or land,...
Cargo Ship and Tanker Hijacked off Somali Coast
Jan 4 2010 // A cargo ship and a chemical tanker have both been hijacked by pirates in the perilous waters off the coast of Somalia, bringing to four the number of ships seized in the past week, officials said Saturday. The multiple...
Great American Ocean Marine Introduces Clean Marina Endorsement
Jun 26 2009 // Cincinnati, Ohio-based Great American Insurance Group announced that its Ocean Marine Division, is offering a new policy endorsement that recognizes the efforts of insured marina owners who achieve and maintain...
Pirates Free Cargo Ship Near Somalia, One Crewman Dead
Jun 25 2009 // The Dutch Defense Ministry said Somali pirates have released a hijacked cargo ship aboard which one crew member was fatally shot. The ministry said Dutch marines are escorting the MV Marathon to a safe port. It also said...
