June 20, 2012
London-based GAC Protective Solutions, a company specializing in providing onboard crew training, pre-voyage preparation and defensive configurations for vessels traveling into high risk areas, has indicated that “non-lethal measures” are the “long-term key to combating sea crime.” GAC’s Group Vice …
June 20, 2012
San Diego, CA, 06/20/2012 โ With summer officially starting today and the boating season already underway, the Marine Program at Arrowhead General Insurance Agency, Inc. is pleased to offer its producers a team of boating insurance experts who are licensed …
May 23, 2012
Frank Crystal & Co., an independent insurance brokerage firm, has formed an exclusive cooperation with P.L. Ferrari & Co. to launch a new U.S.-based marine insurance practice. A European-based insurance broker specializing in marine liability for ship owners, P.L. Ferrari …
May 22, 2012
The UK’s RSA announced that it has re-organized its specialty businesses around the world into three key divisions, as it seeks to join up brokers and customers who are seeking global expertise and capacity. As of June first, all RSA …
May 17, 2012
Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in Iran, cannot find insurance to transport the cargo due to EU sanctions, according to traders and shipping data. The impact …
May 16, 2012
The European Union’s naval force off the Somali coastline on Tuesday carried out its first air strikes against pirate targets on shore, officials said. Maritime aircraft and attack helicopters took part in the attacks early in the morning on the …
May 11, 2012
European ship owners could violate impending EU sanctions against Iran without even knowing it every time they set sail, leaving them vulnerable to being blacklisted, the managing director of leading industry group Intertanko said on Friday. Vessels ranging from tankers …
May 9, 2012
The UK is seeking to persuade fellow European Union members to postpone by up to six months a ban on providing insurance for tankers carrying Iranian oil, arguing that it could lead to a damaging spike in oil prices, European …
May 7, 2012
West African pirates have freed a gasoline tanker they hijacked last week, after stealing some of the cargo, the ship owner said on Friday, in a fresh example of a growing trend in the region to hold vessels briefly to …