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Safety Program for Commercial Fishing Vessels

The Chesapeake Marine Training Institute (CMTI) offers a maritime safety program specifically for commercial fishing vessels. “Since its inception, hundreds of boats and crew members have completed the program and the demand just keeps increasing,” said John O’Leary, maritime safety instructor for CMTI and the head of the safety and survival program. “In an industry that is already struggling, the program is becoming increasingly requested and thanks to the funding of the insurance companies, we can continue to grow and increase its numbers.” This program is offered by Sunderland Marine Mutual Insurance Company, Ltd through Brown and Brown Flagship in a joint effort to reduce casualties. Established in 2005, the program is offered to commercial fishing vessels and its owners, on a volunteer basis. In 2008, over 100 vessels and crews completed the program. Initially available in the mid-Atlantic region, it is now available for commercial fishing vessels from North Carolina all the way to Cape May, New Jersey. According to Chris Burns, executive vice-president and general manager of Brown & Brown Flagship, “We are fully invested in this program. A safer crew makes for a safer vessel and it is a win-win situation for everyone. It’s clear that fewer accidents equal less loss of life and property equal lower claims equal lower insurance costs to the vessel, etc… the list goes on


Conference Focuses on Fire

Who is in charge when a land-based fire brigade responds to a blaze at sea? What are the fire risks for ships in port and under construction? How can design and technology enhance marine fire protection? Prevention, detection and control on ships and offshore structures will be examined at a new forum in London in March by key personnel including ship owners and managers, ship and harbour masters, safety officers, marine and fire protection engineers


R&B Falcon Drilling Barge Destroyed In Explosion

R&B Falcon Corp. reported one of its inland drilling barges was destroyed in an explosion and fire at a natural gas well in southern Louisiana but nobody was injured. The company believes the loss of the barge, Rig 16, worth about $15 million, will be covered by its insurance and would therefore not have a material financial impact. The explosion occurred on July 1 at a well being drilled for The Meridian Resource Corp. two miles southeast of Amelia, La


Shipowners Raise Onboard Security Amidst Mideast Fighting

With the worsening conflagration in Lebanon-Israel and the resulting consequences for maritime traffic, ship operators are bracing themselves for a hike in war risk insurance premiums for vessels that transit the Eastern Mediterranean. The 12-member Europe Mediterranean Trade Agreement that includes A.P. Moller-Maersk, Mediterranean Shipping Company and CMA CGM issued a statement: "In the event that extra costs do arise for war risk insurance


LIG Marine Managers 2011 CMIP Seminars

LIG Marine Managers’ sister company, LIG Educational & Consulting Services, in conjunction with the International Institute for Marine Insurance Studies, announced the 2011 CMIP Seminar Schedule for those individuals working towards earning the Certified Marine Insurance Professional (CMIP) Designation.    The designation is designed for agents, brokers, CSRs, Insurance Company Personnel, Underwriters or other insurance industry professionals who wish to expand their


Denmark Updates Insurance Claims Requirements

Ships without P&I insurance for maritime claims must inform the Danish Maritime Authority about their insurance Danish ships with a gross tonnage of or above 300 without a Certificate of Entry in a P&I Club from the international group of P&I clubs must inform the Danish Maritime Authority about alternative insurance for maritime claims before March 31, 2014. Danish ships with a gross tonnage of or above 300 must carry a certificate confirming that insurance has been taken


Court Interprets Settlement Agreement

The U.S. Court of Appeals for the First Circuit interpreted a settlement agreement between an insurance company and a shipowner in order to determine whether the insurance company was entitled to share in the shipowner’s subsequent settlement with a third party in a claim relating to loss of the ship. Home Insurance Company v. Pan American Grain Manufacturing Co., Inc., No. 03-2625 (1st Cir., February 4, 2005)(HK LAW)


Legal Notes

Repair Duty Repealed President George Bush has signed into law legislation repealing a four year old rule imposing a 50% duty on the cost of routine repairs and maintenance carried out by U.S. merchant mariners while their vessel is at sea. The elimination of the duty, which customs authorities have levied on US-flag carriers since April 2001, represents a victory for the domestic shipowning community. The community has lobbied hard against it since its introduction.


Moore Stephens Says Insurance Industry Must Embrace Business Intelligence

Regulatory developments mean that failure to make proper use of business intelligence systems and actuarial consultancy to assess risk could lead not only to significant financial losses but also to disciplinary penalties for insurance underwriters and brokers, according to leading accountant and consultant Moore Stephens. John Harbor, head of the Moore Stephens Insurance Industry Group, says, "Professional risk analysis and modern data management techniques are


Insurance Industry Instability Triggers Upward Trend

By Trey Bryant Commercial Marine & Insurance Brokers Having been rather "soft," or in layman's terms "very competitive" for the last several years, the marine liability insurance market has begun what appears to be an upward trend in the pricing cycle over the last few months. There are, to be certain, several factors influencing this trend. The collapse of marine insurance giant Reliance Insurance Company and its subsidiaries has caused quite an uproar among various underwriters still


TT Club Signs Partnership in The Philippines

tt club logo.jpg

Specialist transport insurance provider, TT Club has appointed a network partner in The Philippines.  Del Rosario Pandiphil Inc. becomes the seventh such partner that the international logistics and freight handling insurer has in the Asia-Pacific region


Wreck-Removal Convention to Enter into Force

Photo courtesy IMO

Shipowner liability on the horizon as Denmark ratifies international instrument The Nairobi International Convention on the Removal Wrecks will enter into force on April 14, 2015 following the deposit, on April 14, 2014, of an instrument of ratification by Denmark


Fire Aboard US Warship Transiting Atlantic Ocean

USS Hue City: USN photo

U.S. Fleet Forces Command inform that a fire broke out aboard 'USS Hue City' (CG 66) as the ship was transiting the Atlantic.
 Hue City had departed Mayport, Fla. Friday, April 11, for deployment to the U.S. 6th Fleet Area of Responsibility.


Shipowners to Become Liable for Costs of Wreck Removal

Wreck image courtesy of IMO

Shipowner liability is on the horizon as the Nairobi International Convention on the Removal Wrecks will enter into force on 14 April 2015 following the deposit, on 14 April 2014, of an instrument of ratification by Denmark, with the International Maritime Organization (IMO).


US Navy Helps Guam FD to Extinguish Blaze

U.S. Navy Sailors and civilian firefighters partnered with the Guam Fire Department (GFD) to extinguish a blaze along Route 17, Cross Island Road, in Santa Rita March 25. A MH-60S Knighthawk helicopter from Helicopter Sea Combat Squadron (HSC) 25 and Engine 2 from U.S


HAVEP: Two Passenger Vessels Detained

Preliminary results from the Harmonized Verification Program (HAVEP) on passenger ships, carried out between January 1, 2013 and December 31, 2013 in the Paris MoU region show that two passenger ships were detained over the 12 month period as a direct result of the HAVEP for deficiencies related


Tanker Repels Attack in Strait of Hormuz

According to a report by GAC, mariners are advised that the master of the motor tanker Album reported being approached and fired upon by a skiff in position: Lat 26-24.4N, Long 056-41.8E in the Strait of Hormuz between Iran and Oman, Sunday, March 30.


USCG Responding to Vessel Taking on Water

Fire extinguished, vessel dead in water The U.S. Coast Guard (USCG) said its crews are responding to a report of five mariners in distress aboard a vessel taking on water following a fire aboard the 70-foot boat, approximately 50 miles east of Fernandina Beach, Fla., Wednesday.


USCG Rescues Three from Burning Boat

The Coast Guard rescued three people from the water after their boat caught fire near Shinnecock, N.Y. The fire engulfed the 36-foot cabin cruiser and the three people abandoned the vessel into the water to swim to their deployed life raft. (U.S. Coast Guard photo by Adam Long)

The U.S. Coast Guard said it rescued three people from the water after their boat caught fire near Shinnecock, N.Y., Sunday. A good samaritan contacted the communications center at Coast Guard Sector Long Island Sound reporting a vessel on fire near the Shinnecock Inlet


U.S. Navy to Test 'Star Wars' Technology at Sea in 2016

USNS Millinocket at the Austal USA vessel completion yard in June 2013 U.S. Navy photo Courtesy Austa)

The U.S. Navy is planning sea trials for a weapon that can fire a low-cost, 23-pound (10-kg) projectile at seven times the speed of sound using electromagnetic energy, a "Star Wars" technology that will make enemies think twice, the Navy's research chief said.


U.S. Navy to Test Electromagnetic Rail Gun at sea in 2016

(U.S. Navy photo by John F. Williams/Released)

The U.S. Navy is planning sea trials for a weapon that can fire a low-cost, 23-pound (10-kg) projectile at seven times the speed of sound using electromagnetic energy, a "Star Wars" technology that will make enemies think twice, the Navy's research chief said.


Brazil's Petrobras resumes output from Campos Basin's P-20 rig

Petroleo Brasileiro SA resumed production on Monday from offshore oil platform P-20 in the Campos Basin, the state-run oil company known as Petrobras said in a securities filing. In December, a fire at the platform injured two workers and knocked it out of service


Energy Industry Needs Insurance Against Cyber Attacks

Energy companies have no insurance against major cyber attacks, reinsurance broker Willis said on Tuesday, likening the threat to a "time bomb" that could cost the industry billions of dollars. Willis highlighted the industry's vulnerability to cyber threats in its annual review of


New Response Partner at Port of Long Beach

T&T Salvage, LLC announced the signing of a consent agreement with the Long Beach Fire Department (LBFD). This agreement permits T&T to include the LBFD's extensive marine firefighting resources in its emergency response network. T&T's network


TT Club Pinpoints Risks for Logistics Operators

Phillip Emmanuel

The overwhelming majority of insurance claims analysed by TT Club have showed that costly damages and loss, as well as serious bodily injury can be prevented or significantly minimised by sensible and concerted risk management efforts. Speaking at this week’s TOC Container Supply Chain


 
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