Insurance
Marsh Launch New Insurance Facility
Marsh, a global leader in insurance broking and risk management, has launched a new insurance facility that provides comprehensive insurance coverage for the Private Maritime
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Armed Guards Revisited
The recent announcement by the UK Government that weapons will be allowed on UK-flagged vessels is not perhaps as revolutionary as it might first appear.
Haymarket Expands Marine Security
Haymarket Risk Management is expanding its maritime security division in response to the growing threat of piracy. The company has established bases in the Red Sea, Oman and Sri Lanka and ...
Under Insured
As more private security companies come under scrutiny there are concerns emerging about the level of insurance that many are carrying. It has been stressed that shipowners could face liability problems ...
Double Dipping
According to a marine investigator, shipowners may be defrauding insurers by "double claiming" for pirate attacks due to perceived lack of clarity over where they should be making their claims. Speaking ...
Separation Anxiety
What happens why the crew from hijacked ships are taken ashore, separated from the vessel and the bonds to their K&R insurance? According to Lloyd's List the trend for separating crews ...
Tensions Rise
Tensions over armed guards appear to be on the rise amongst the insurance industry. The recent claims at the IUMI conference that the organisation actively stands in favour of armed guards, ...
Insurance Backing
More ship insurers are backing the use of private armed guards on merchant vessels at sea to combat Somali piracy as attacks and the resulting costs are set to rise ...
Critical Issues
Over 100 representatives from the German shipping community attended a seminar entitled ‘Sanctions, Drugs and Guns’ in Hamburg, Germany, which was hosted by North P&I club. Simon Williams, North’s associate director ...
Armed Backing
Insurers are getting behind the idea of armed guards on ships. IUMI President Ole Wikborg has stated that while it took time to realise flag-State consensus on armed guards may work, ...Next Page »