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Fire Insurance

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


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.


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


ENSCO Jackup Rig Damaged in Gas Blowout, Fire

ENSCO International Incorporated and Forest Oil Corporation reported that one of ENSCO’s jackup rigs sustained extensive damage while operating in the Gulf of Mexico. ENSCO 51 was on location in Eugene Island Block 273 drilling a development well over a platform (the “A” platform) for its customer, Forest, the operator of the block. Eugene Island Block 273 is located approximately 75 miles offshore. Shortly after midnight on Thursday, March 1


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)


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


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


Ship Systems and Equipment Meeting Underway

Photo: International Maritime Organization (IMO)

 The first set of international requirements for onboard lifting appliances and winches are expected to be finalized during this week’s meeting of the Sub-Committee on Ship Systems and Equipment (SSE).    The draft amendments to SOLAS as well as any necessary related


Somali Regional Antipiracy Chief Says Sacked over Illegal Fishing Comments

The head of anti-piracy operations in the semi-autonomous Puntland region of Somalia said he had been fired for speaking out about illegal fishing, which he claims could trigger a new outbreak of piracy in the Indian Ocean.   Pirates hijacked an oil tanker off Somalia last week


PensionDanmark, Danica Roll Out $300mln Maritime Investment Fund

Photo: PensionDanmark A/S

 PensionDanmark, Danica and Navigare Capital Partners have established the Maritime Investment Fund I, which, based on capital from the founders, shall build a diversified portfolio of maritime assets including dry bulk, container, offshore, product, crude oil and chemical tankers


CMA CGM Fidelio: Fire on Board

Photo: CMA CGM

 The container ship CMA CGM Fidelio caught fire on 15 nautical miles off Puerto de San Miguel (Ibiza), Spain.   The vessel was en route from Valencia to Malta, when flames erupted in the superstructure.    The Spanish Navy and Maritime Rescue attended the container ship


Lake Assault to Build Pittsburgh Fireboat

Lake Assault Pittsburgh boat Pic by Lake Assault

Lake Assault Boats, a leading manufacturer of purpose-built and mission-specific fire and rescue boats, has been chosen to construct a 34-foot fireboat by the Pittsburgh Bureau of Fire in Pittsburgh, PA.   The fireboat will respond to emergencies and help manage fires on waterways


ELA Offshore Develops New Type of Container

Photo: ELA Container Offshore

Offshore managed to deliver all required containers from scratch in only 3 months from project kick-off, including design and development up to turnkey delivery on an offshore converter station in the German North Sea.   “To come up with the best suitable container type


Containership Fire Extinguished in South Africa

Photo: Port of Ngqura

The joint effort undertaken by a Disaster Management team at the Port of Ngqura has helped to avert a potential maritime disaster and ultimately saved the container vessel APL Austria, which caught fire last weekend.    Transnet National Ports Authority, Transnet Port Terminals


US Detains 2 Panama-flagged Bulkers

Two Panama-flagged bulk carriers were detained in the U.S. on February 23, 2017, after substandard safety issues discovered during routine exams aboard the vessels along the Columbia and Willamette Rivers.   The Atlantic Ruby, a 590-foot bulk carrier was boarded in Portland on February 23


Fire Breaks Out Aboard US Car Carrier

A fire has broken out out aboard the U.S. car carrier Honor in the English Channel while the vessel was en route to Baltimore from Southampton on February 24.   “The 21 crew are still on board the vessel and they are safe and well,” said Andy Jenkins, Commander for the U.K


Crew 'Safe & Well' After Ship Fire

Image: TOTE Services

 A Fire and Rescue Marine Response team was airlifted on board of the US car carrier, MV Honor, which caught fire in the English Channel after leaving Southampton headed for the USA at about 3.45am on Friday.  The American Roll-On Roll-Off Carrier Shipping (ARC) vehicle carrier was en


Mech-Tool Delivers Fire System to DSIC Offshore

Photo: Mech-Tool Engineering

Darlington based product manufacturer and global supplier of fire, blast and heat protection systems Mech-Tool Engineering Ltd (MTE) said it has delivered a fully certified ABS fire rated wall system for a Chinese turnkey EPC contractor in offshore construction.   


New Subsea 7 Heavy Construction Vessel Built to LR Class

Seven Arctic  (Photo: Subsea 7)

Subsea 7’s newest heavy construction flexlay vessel, Seven Arctic, has been designed and built to Lloyd’s Register (LR) class. Designed to meet the demands of deepwater and harsh environments, she can work at depths of 3,000m and features three offshore cranes


Maiden Anti-Ship Missile Launch by Kalvari

Kalvari sent to the dock for setting afloat to Naval Dockyard (Mumbai). File Photo: Indian Navy

 The Indian Navy has successfully conducted the maiden firing of an Anti-Ship missile from the first of the indigenously built Kalvari class submarines, during a test firing in the Arabian Sea.    The missile successfully hit a surface target at extended ranges during the trial


Best Practices for Successful Casualty Investigations

A void within a stow of containers in a hold as the result of structural failure of a unit lower in the stack.

The final success of any fire or explosion investigation is dependent on the management of the incident.    Fire and explosion incidents on board vessels have always presented challenging situations for the marine industry. However


Potential Maritime Disaster Averted

Photo: TNPA

Collaboration between the Ports of East London and Ngqura, together with the South African Maritime Safety Authority (SAMSA), helped avert another potential maritime disaster in the Eastern Cape during the past week.   Transnet National Ports Authority (TNPA) towed the BBC Shanghai






 
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