hull & machinery News

Compensation for Iran Tanker Accident Could Be Complicated by U.S. Sanctions

The reluctance of foreign banks to deal with Iran could complicate any compensation payments resulting from the collision last week of an Iranian oil tanker and a Chinese cargo ship, sources say. The tanker Sanchi, carrying 136,000 tonnes of highly …

Maintenance Work Causes Majority of Auxiliary Engine Damage in Vessels: Swedish Club

The majority of all auxiliary engine damage takes place immediately after maintenance work in vessels, according to an investigation by The Swedish Club, a protection & indemnity marine insurer. A key finding is that 55 percent of casualties occur within …

Skuld Purchases SMA/Gerling Norway, Now Renamed Skuld Marine Agency

Skuld announced that on Jan. 12, 2017 it has completed its acquisition of SMA/Gerling Norway, which has been renamed Skuld Marine Agency (SMA). Skuld is now the owner of 100 percent of SMA shares, “free of any encumbrances,” the company …

SMA/Gerling Norway to Be Renamed Skuld Marine Agency

Skuld, the Olso-based marine insurance provider, announced SMA/Gerling Norway will be renamed Skuld Marine Agency (SMA) following the company’s acquisition by Skuld. Marketing has now begun for Jan. 1, 2017 renewals on Skuld paper under the new SMA brand, the …

Update: Skuld to Acquire SMA/Gerling Norway and Its Hull & Machinery Book

Skuld, the Oslo, Norway-based marine insurance provider, announced it has signed a letter of intent to purchase SMA/Gerling Norway. The transaction includes the acquisition of the renewal rights of the hull & machinery book of business written by Gerling Norway, …