IUA Supports LibDem Call For Action on Piracy

Friday, September 27, 2002
Marie-Louise Rossi, chief executive of the International Underwriting Association of London (IUA), has applauded a call by politicians in the U.K. to support measures to crack down on piracy and armed robbery at sea. And,in commending the initiative of the Liberal Democrats in drawing attention to increasing concern over piracy, Rossi also applauded the work currently being undertaken by IMO to address this issue. At their annual conference in Brighton this week, the Liberal Democrats approved a motion to eradicate armed robbery and piracy by pursuing bilateral and multilateral agreements between maritime nations and coastal states, by providing assistance to coastal states, and by pressing for flag states to make adequate relevant checks in connection with crew documentation, vessel registration and transparency of information. They also advocated working through IMO to ensure that seafarers received proper training under a strengthened STCW Convention. Marie-Louise Rossi congratulated delegates for including the piracy debate in their agenda, and told the conference that she strongly supported the motion. She added that, quite apart from the humanitarian issues involved, the issue was of great concern to underwriters of marine insurance, many of whom were members of the IUA. Piracy is one of the standard enumerated perils in policies of marine insurance. According to the ICC International Maritime Bureau, there were 370 reported cases of piracy and armed robbery against merchant ships last year. The actual figure is likely to be much higher, however, since many incidents are thought to go unreported.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

First German-Latvian Maritime Forum in Riga

On 19 May, Ziemelblazma Culture Palace in Riga, the Latvian capital was the venue for a meeting between numerous representatives of the Ports of Liepaja, Riga, Ventspils, Lübeck, Kiel and Hamburg.

Shipping Corp Seafarers on Hunger Strike

Around 200 seafarers with Shipping Corporation of India (SCI), the country's largest shipping company, are on a hunger strike (industrial action) since Saturday over wages and arrears.

Elektrans Shipping Appoints Deepak Arora as MD

Elektrans Group announced the promotion of Capt. Deepak Arora to Managing Director of Elektrans Shipping Pvt. Ltd.    Capt Arora has been with the Elektrans

Offshore

Mermaid Maritime Bags Subsea Contracts, Delays Newbuilding

Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.   It has also reached

Hercules Offshore Filing for Bankruptcy Again

Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0843 sec (12 req/sec)