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 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.
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
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
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.
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.
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
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.
At the beginning of 2015 the exhaust limit values for sulfur oxides (SOx) grew ever tighter in emission controlled areas. And with the start of 2016, nitrogen oxides (NOx) values in certain emission control areas (ECAs) will be even more restricted
Belco Technologies Corporation (BELCO), a DuPont company, will introduce the DuPont Marine Scrubber (formerly the BELCO Marine Scrubber) at shipping and maritime exhibition Nor-Shipping in Oslo. James R. Weigand, president, DuPont Sustainable Solutions, said, “Over the last year
A second sea lion rescued from along California's oil-fouled coastline near Santa Barbara has died at SeaWorld San Diego, where veterinarians are still caring for 15 surviving marine mammals brought in for treatment, a spokesman said on Tuesday.
Following on from the incredibly successful 2014 campaign, Sea Shepherd Global launches Operation Siracusa 2015. Led by Sea Shepherd Italia, the campaign aims to defend the fragile ecosystem of the Plemmirio Marine Reserve, off the Eastern coast of Siracusa in Sicily
The U.S. Maritime Administration (MARAD) announced that up to $1.3 million in Federal funding is now available through cooperative agreements for projects supporting vessel emissions reductions and alternative energy. The funding is being made available under two separate requests for
Several petroleum-stained pelicans rescued from the blackened muck of California's latest oil spill spent the day on Friday being gently, painstakingly scrubbed clean at a wildlife rehabilitation center in Los Angeles. The six pelicans brought this week to the Los Angeles Oiled Bird
Huawei Marine has signed a system design and construction agreement with a consortium comprising Telekom Malaysia Berhad, Symphony Communication and Telcotech to build the Malaysia-Cambodia-Thailand (MCT) submarine cable system.
Wärtsilä has developed propulsion systems that are capable of operating with Environmentally Acceptable Lubricants (EALs) and comply with the US Vessel General Permit 2013 (VGP-2013). Wärtsilä is among the first marine propulsion solutions suppliers to achieve this
Shanghai Shipyard has won bids to build two multipurpose survey vessels for two geological survey institutes. The shipyard is an affiliate of China State Shipbuilding Corporation (CSSC). Qingdao Marine Geological Survey Institute and Guangzhou Marine Geological Survey Institute have
SKF and SKF Blohm + Voss Industries will showcase its combined range of solutions for the marine industry at the Nor-Shipping trade fair June 2-5, 2015 in Lillestrøm, near Oslo, Norway. At the show, SKF and SKF Blohm + Voss Industries will demonstrate a thruster exhibition model
Eco-friendly HullWiper technology to fight fouling and enhance efficiency for oil and gas company fleet GAC EnvironHull has signed a contract with the international energy company Statoil to provide underwater hull cleaning services for its vessels operating in Scandinavia
Danelec Marine has received type approvals from the U.S. Coast Guard and China Classification Society (CCS) for its DM100 series Voyage Data Recorders (VDRs). The U.S. Coast Guard approval applies to the Danelec DM100 Simplified Voyage Data Recorders (S-VDRs) and clears the way for older U
The August 2015 edition of Marine News, the leading voice in the North American workboat market, will feature 100 leaders and innovators, including workboat owners and operators, workboat builders and repairers, and product and service providers.
New pushboat bridge unveiled for USA Inland Shipping Expo JRC and Alphatron Marine will introduce a new pushboat bridge concept dedicated for the American river and inland waterways. Harnessing 25 years of European inland waterways experience
Bordelon Marine has taken delivery of the M/V Shelia Bordelon, its next Stingray 260 DP2, Ultra-Light Intervention Vessel (ULIV). This highly specialized vessel features an NOV 50 ton Active Heave Compensating crane with 3,000 meters of wire