Insurance Broker will Deliver Expertise to Maritime and Cargo Industries in Eastern Virginia and Mid-Atlantic Region. Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Virginia, has announced two key appointments to strengthen its Marine Practice and drive growth across the region. Willis is a leading insurance broker that provides risk management and employee benefit solutions across a wide range of industries. With more than 2,800 clients and 400 dedicated marine professionals worldwide, Willis is one of the most trusted names in marine insurance, with expertise in hull, cargo and general marine liabilities. Willis of Virginia, Inc., which is headquartered in Richmond, includes approximately 100 Associates with additional offices in Norfolk and Reston. Jeremy Sykes and Francesca Sykes have been appointed Client Advocates of the Willis Marine Practice, Willis of Virginia. They will be responsible for business development within the Marine Practice. Mr. Sykes and Ms. Sykes will also work to expand Willis’ footprint in the Virginia marketplace and align the company’s global resources to deliver outstanding risk management services to firms in the Marine industry. Commenting on these appointments, HB Whitmore, Managing Partner, Willis of Virginia said
Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Virginia, appoints two Client Advocates. Jeremy Sykes and Francesca Sykes have been appointed Client Advocates of the Willis Marine Practice, Willis of Virginia. They will be responsible for business development within the Marine Practice. Mr. Sykes and Ms. Sykes will also work to expand Willis’ footprint in the Virginia marketplace and align the company’s global resources
Willis Group Holdings has launched a new insurance facility, called Undercover, to protect cargo in transit and in store against all types of political violence, terrorism and war risks, informs shipping trade association Maritime London. The global risk adviser, insurance and reinsurance broker says that, in recent years, cargo losses worth more than one hundred million dollars have not been recovered under traditional cargo insurance policies due to critical exposures being excluded.
The upcoming Protection and Indemnity (P&I) renewal is poised to be the most challenging in a decade as a result of difficult economic conditions for ship operators, poor underwriting results and some of the largest claims in history, according to Willis Global Marine, a division of Willis Group Holdings plc (WSH:NYSE), the global insurance broker, in its annual P&I Market Review. The P&I market results last year (2011/12) showed a 13% increase in incurred claims, a 5
Willis has named Chris Engstrom CEO of its Seattle office, one of the global insurance broker's leading U.S. operations. Engstrom brings tremendous local market knowledge and 16 years of insurance industry experience. He previously served as senior vice president for Wagle Insurance Companies in Seattle.
Mike Lapeyrouse, President and CEO of The American Equity Underwriters (AEU) said that Andrea Mills has joined the AEU staff effective May 6, 2013. Andrea has been a broker for 25 years and for the last eight years has served as Vice President, Client Advocate at Willis – Mobile. She joins AEU as Senior Vice President – Director of Strategic Business Development. www.amequity.com
Still more than five months later, the maritime industry continues to feel the effects from the terrorist attacks on America, as the events of September 11 have accelerated hardening market conditions in the marine sector. Prior to September, capital providers were beginning to force the upward trend of the cycle. This trend was underpinned with some withdrawal of capacity and reduction in the overall number of players through mergers or withdrawal from the class.
Houston-based Forum Energy Technologies agrees to acquire Blohm + Voss Oil Tools from STAR Capital Partners Limited (STAR), a London based private equity firm. Completion of the transaction is subject to certain customary closing conditions. Further details of the transaction were not disclosed. With locations in Hamburg, Germany and Willis, Texas, Blohm + Voss Oil Tools manufactures a comprehensive range of pipe handling equipment used on offshore and onshore drilling rigs.
Maritime UK welcomes leaders from across the global shipping, ports and maritime business services sectors to the inaugural London International Shipping Week from 9, September 2013. Through the week, Maritime UK will be covering all the major stories, announcements and events. On Monday morning it will publish the results of an extensive survey of UK industry leaders, saying what they think of the UK economy and its competitiveness.
1881- The light was first shown at Tillamook Lighthouse, located 19 miles south of the Columbia River entrance. 1897- Secretary of Treasury empowered to bestow life-saving medals. 1969-CGC Point Banks while on patrol south of Cam Rahn Bay received a call for help from a nine-man ARVN detachment trapped by two Vietcong platoons. Petty Officers Willis Goff and Larry Villareal took a 14-foot Boston whaler ashore to rescue the ARVN troops
Noboru Ueda, Chairman and President of ClassNK attended the delivery ceremony for the M/T Al Yarmouk, constructed at Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) and delivered to Kuwait Oil Tanker Co. S.A.K. (KOTC) in Geoje, Korea on August 25, 2014.
Nakilat-Keppel Offshore & Marine (N-KOM) has achieved another milestone with the keel laying of its first liftboat newbuild project, awarded in July 2014 by long-time client Gulf Drilling International (GDI). The project marks the shipyard’s first foray into the offshore jack-up newbuild
The first newbuild ship in a series of three offshore support vessels (OSVS) for shipowner Groen (Scheveningen), 7-Oceans, was delivered at Damen Maaskant Shipyards in Stellendam, the Netherlands at the end of July. Imtech Marine Netherlands provided all navigation and communication equipment
Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry, with a circulation of more than 35,000 worldwide, including ship and boat owners
Bureau Veritas announced today that it has acquired MatthewsDaniel Ltd, a global provider of loss adjusting and risk assessment services for the offshore industry. Created in Houston, Texas, in 1962, MatthewsDaniel is headquartered in London and has operations in Europe, the Middle East
Allseas Group S.A., a global offshore pipe installation and subsea construction company, has selected Evoqua Water Technologies’ Chloropac electrochlorination system to protect onboard cooling water for Pieter Schelte, the world’s largest decommissioning and pipe laying vessel.
3016 NE Blakeley Street Seattle, WA 98105 Telephone: 206 524 6625 / 316 E-mail: firstname.lastname@example.org Website: www.floscan.com CEO/President: Chuck Wurster Number of Employees: 45 The Company: FloScan is a leading manufacturer of Fuel Monitoring Systems for permanent installation
32 Industrial Drive Londonderry, NH 03053 Telephone: 508 404 4807 E-mail: email@example.com Website: www.klubersolutions.com CEO/President: Ralf Kraemer Number of Employees: 75 The Company: Kluber Lubrication is a leading manufacturer of specialty lubricants
Earlier this week, BSEE's Oil Spill Response Division (OSRD) conducted an onsite review of oil spill response equipment listed in DCOR, LLC's Oil Spill Response Plan for platforms offshore Long Beach, Calif. The visit included verification of equipment and response vessels maintained by Marine
The Presidential Decree 979 and Marine Pollution Decree of 1976 were intended to protect marine and coastal elements from maritime pollution, yet due to their generality and datedness today, they are no longer efficient at regulating current environmental issues
Chevron has signed agreements with the fuel products distribution and lubricants company of Turkey, Petrol Ofisi in Istanbul, that will result in improved supplies of marine lubricants to ship operators and managers operating in Turkey. This alliance covers production
Survival Craft Inspectorate (SCI), a global provider of emergency marine evacuation systems, has appointed two new distributors as the business targets growth opportunities in Scandinavia. SCI has agreed partnerships with Danish firms Hysafe and Hytek, both part of the Hytek Group
This year’s SMM in Hamburg will see VIKING release more innovations than at any other point in its 50-year history, including new developments in PPE clothing, safety equipment outsourcing, onboard training solutions, and evacuation systems
Mr. Noboru Ueda, Chairman and President of ClassNK attended the delivery ceremony for the M/T Al Yarmouk, constructed at Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) and delivered to Kuwait Oil Tanker Co. S.A.K. (KOTC) in Geoje, Korea on 25 August 2014.
Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding, Machinery, and Marine Technology (SMM) Exhibition, from September 9-12, 2014