Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative on Monday, the opening day of the U.N. climate change summit in Paris,
Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of
Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed.
In their announcement Standard
There are various hazards associated with the trade in coal. UK P&I Club’s Loss Prevention Team highlights the risks involved, and advises on the relevant actions
Owners are rapidly laying up containerships as the market slows. The size of the idle fleet will get bigger while rates and profits slide, says Drewry Shipping Consultants Limited.
Whether voluntarily or as required by the International Safety Management Code, the American Waterways Operators’ (AWO) Responsible Carrier Program, or some other rule or regulation,
Directors of the North P&I Club and Sunderland Marine Insurance Company (North Group) have revised their projection for the group’s year-end free reserve up to $380 million,
At its meeting in New York on November 20, the American Club’s board resolved to levy a general premium increase of 2.5 percent for P&I cover, but no increase in
Military assets deployed in support of Falkland Island government in cruise ship rescue.
In support of the Falkland Island Government, British forces based in
Stowaways onboard ships can often be a cause of significant costs for shipowners.
Amanda Hastings, UK P&I Club Claims Executive, reviews shipowners’ liabilities
In October a number of trade bodies released a joint press release to formally announce a reduction of the High Risk Area (HRA).
Insurance companies have
North P&I Club has appointed Job de Groot of Van Oord as its new vice chairman, succeeding Lars Christensen of Norden, who stood down from the role as well as from
The cost of operating cargo ships is forecast to rise over the next two years after falling in 2015, according to the latest Ship Operating Costs Annual Review
Salvage operations for the sunken tanker barge Argo in Lake Erie continue as the Unified Command proceeds with plans for product recovery.
Crews will start prepping
Two Product tankers, Svyatoy Petr and Svyatoy Pavel collided during a passage of Northern Sea Route in convoy with nuclear icebreaker Vaygach.
President Barack Obama still plans to attend a global climate summit in Paris at the end of November despite the attacks claimed by Islamic State, a senior U.
U.S. pipeline regulators have ordered Plains All American Pipeline LP to purge a California pipeline system of crude to prevent corrosion after a separate pipeline
Hurricane Energy plc, the UK-based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs infomred that the UK Oil and
OPEC Secretary General Abdullah al-Badri said that despite uncertainties, OPEC members were ready to make the necessary investments to respond to the world's future energy needs.
Directors of the 175 million GT, ‘A’ rated North P&I Club have set a general premium increase of 2.5 percent for both protection and indemnity (P&I) cover and freight