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Willis North America Expands Marine Practice

Francesca Skyes

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

Marine Insurance Brokerage Makes Key Appointments

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

New Maritime Cargo Insurance – 'Undercover'

File image

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.

“Perfect Storm” Results in Most Challenging P&I Renewal

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

Engstrom is Named Willis' Seattle CEO

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.

Cyber Breaches Are a Top Risk, Shipping Execs Say

Photo: Willis Towers Watson

Shipping industry executives say the increased security threat from cyber and data privacy breaches is the number one risk to its sector, according to a new ranking released today by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company. According to Willis Towers Watson’s Transportation Risk Index the second- and third-most pressing risks affecting the shipping sector are globalization of the customer base

AEU Announce Addition to Staff

Andrea Mills (Photo: AEU)

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.  

Marine Industry Continues To Suffer From September 11

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.

The OBA ShipCheck Fluids Analyzer

OBA ShipCheck.jpg

Automated Technology Provides Lab-Quality Fluids Analysis On Board and In Minutes Privately held, American-based On-Site Analysis, Inc. (OSA), a manufacturer of high-tech, on-premise, automated fluids analysis equipment, has now expanded into the maritime industry with the introduction of the OBA ShipCheck, an on-board analyzer. With a physical footprint of just four square feet and weighing only 95 pounds, and using the same ASTM methods as outside labs

This Day in U.S. Coast Guard History – January 21

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

Smith Berger Tow Pins Lead the Way

Smith Berger Marine, Inc. said it has been selected by Edison Chouest Offshore to design and manufacture the Tow Pin Stern Roller units required on its nine new vessels, including five escort tugs and four docking tugs.   Edison Chouest is building the new tugs in order to execute a 10-year

Glosten to Chair SNAME Shipbuilding Panel

Seattle-based naval architecture and marine engineering consultancy Glosten said it will chair a panel on modern shipbuilding at this year’s SNAME Maritime Convention (SMC) in Bellevue, Wash. The panel will discuss new technologies in shipbuilding, how to address an aging workforce

Marine News Boat of the Month: October

Image: Tuco Marine

Tuco Marine’s Arctic Workboat Daughter Craft is Marine News' October 2016 Boat of the Month.   Danish producer Tuco Marine has introduced an all new Arctic Workboat Daughter Craft. Developed in response to international requests and specifications


ENGIE manages a large LNG supply portfolio and has a significant presence in regasification terminals in Europe and worldwide Image CMA CGM Group

CMA CGM and ENGIE signed a Memorandum of Understanding to promote LNG as the marine fuel for tomorrow’s container vessels. Farid Salem, Executive Officer of the CMA CGM Group, and Isabelle Kocher, CEO of ENGIE, signed the agreement today at the Marseille headquarters of CMA CGM.

LR, SCC Release Low Carbon Pathways 2050 Study

Photo: Lloyds Register

Lloyd’s Register (LR) and Shipping in Changing Climates, a $4m multi-university and cross industry research project funded by EPRSC, have today released Low Carbon Pathways 2050 – a new study that details a number of potential pathways for the shipping industry’s transition to a

Damen Partners with TeamTec for BWTS

Photo courtesy of Damen

Damen Green Solutions has signed a letter of intent with Norwegian company TeamTec to supply and service the AVITALISTM ballast water treatment system.   The system combines filtration and a proven, eco-friendly chemical treatment solution optimized for medium-sized to large vessels

LNG Sector Ready to meet Industry Demand

Peter Keller Photo SEALNG

Ahead of the 70th Session of the IMO’s Marine Environment Protection Committee (MEPC), the cross-industry coalition 'SEA\LNG' has highlighted the ability of the liquefied natural gas (LNG) sector to meet the future emissions requirements of the global shipping industry.

Richmond Marine Terminal Volume Up 55%

Courtesy Port of Virginia

The Port of Virginia handled 220,000 TEUs in September and that volume helped to push solid growth in rail cargo and in containers moved to Richmond Marine Terminal by barge. In comparison with last September, TEU volumes are up 2 percent; rail units up 16 percent and volume at Richmond Marine

Towboat Delivered to Gateway Dredging

Photo: TSGI

Gateway Dredging has taken delivery of a 55’ 1,200 HP twin screw conventional towboat. The Shearer Group, Inc. (TSGI) provided the design and engineering services to JB Marine Service, Inc. where the towboat was constructed in St. Louis, Mo.  

Lind Marine Acquires Moose Boats

Photo: Moose Boats

Lind Marine, a Petaluma, Calif. dredging contractor which provides tug and barge services throughout the San Francisco Bay area, has acquired Moose Boats, an aluminum commercial boat building company.   Lind Marine currently operates a five-acre shipyard including a 430ft dry-dock and 1

Maersk Names Fourth Jack-up at DSME

Photo by Maersk

 Maersk Drilling’s fourth XL Enhanced ultra-harsh environment jack-up was named on 14 October at a ceremony held at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea.   "Maersk Drilling’s fourth XL Enhanced ultra-harsh environment jackup was

Wärtsilä to Power Mediterranean's First LNG Ferry

Baleàrias new RoRo passenger ferry (Image: Wärtsilä)

Wärtsilä said it has signed a contract with Construcciones Navales del Norte SL (LaNaval) shipyard in Sestao, Spain for the design and supply of the LNG power and propulsion installation for a new RoRo passenger ferry being built for Spanish owner Baleària

Caterpillar Propulsion for New LNG Cruise Ships

MaK M 46 DF (Image: Caterpillar Marine)

MaK M 46 DF dual fuel engines to be installed on a new generation of cruise ships    Caterpillar Marine said its dual fuel engines have been selected for a new generation of cruise ships; tThe company’s MaK 16 M 46 DF dual fuel engines

New Helmholtz Institute for Functional Marine Biodiversity

We are delighted to be able to take our research into the impact of global change on the marine environment to the next level with the new Helmholtz Institute, says AWI director Prof. Karin Lochte.

Marine ecosystems provide us with food and raw materials, they have an impact on air quality and global climate, they break down harmful substances and serve as places of recreation and tourism. The functioning of these ecosystems – and thus also the basis for human well-being –

Clyde Launches Training Facility

CTS Staff Photo Clyde Training Solutions

Clyde Training Solutions (CTS) opened central Scotland’s first dedicated marine and offshore international training centre.   CTS – a newly established Clyde Group company -  is now offering an extensive range of onsite accredited maritime safety courses to an international

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