Insurance

TT Club Celebrates 25 Year Support of BIFA Awards

At the British International Freight Association (BIFA) Annual Awards Lunch in London last week, the global freight insurance specialist, TT Club was itself presented

A HERO on the Seas

  The expansion of the Panama Canal has opened up an opportunity for WWL to develop its next generation RoRo carriers. Due to its importance to international trade,

ZIM Launches Monitoring and Tracking Service

ZIM integrated shipping services has announced the launching of a new monitoring, tracking and security services package, specifically designed for valuable and

Oil Tankers are Front Line of Libya's Struggles

Crew members killed in tanker attack this month; West fears worsening violence could lead to civil war. Oil shippers face higher costs and the possible loss of insurance cover on Libyan voyages,

26-year Jail Term Sought for Concordia Master

An Italian prosecutor asked a court on Monday to sentence the captain of the Costa Concordia cruise liner to more than 26 years in jail for his role in the 2012 disaster that killed 32 people.

New Defense Cooperation with India

  Today, on his historic visit to India, President Obama and Prime Minister Modi announced new, ground-breaking agreements on defense cooperation between India

U.S. Refinery Workers' Contract Talks Moving Slowly

  With just a week of bargaining left until the national contract for U.S. refinery workers expires, the United Steelworkers union (USW) said talks with oil company

Oil Majors to Preserve Dividends Despite Oil Collapse

  Europe's oil majors will strike a sober note in their fourth-quarter results and investors will focus on companies' plans to maintain cherished dividends and

Winners of Walter B. Jones Memorial Awards Named

  Eleven individuals and organizations have been named as winners of the 2014 Walter B. Jones Memorial Awards for Excellence in Coastal Ocean Resource Management,

Montana Spill Closes Pipeline

A small but heavily subscribed pipeline that transports 42,000 barrels a day of crude oil from North Dakota's Bakken region is expected to remain closed on Tuesday

Hedge Fund Eton Park Eyes Energy Sector

  Eric Mindich's $8.5 billion hedge fund, Eton Park Capital Management, is now ready to pick through the debt of beaten-up energy companies, an area it avoided last year as the price of oil tumbled.

US Revises Cuba Sanctions Regulations

The U.S. Treasury Department, Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce Bureau of Industry and Security (BIS) has publish revised

Shipowners’ P&I Club Names Swallow Chief Executive

Following a board meeting on January 15, the Shipowners’ P&I Club has announced the appointment of Simon Swallow as chief executive, in succession to Charles Hume, with effect from March 9.

Fidelis Group Launches Ocean Cargo Division

Fidelis Group launches ocean cargo division; Doug Fischer and Crystal Prout named managing directors Fidelis Group Holdings, LLC (FGH) with its subsidiary company Continental Underwriters, Ltd.

Shippers Take Measures to Limit OW Bunker Fallout

Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by the bankrupt OW Bunker,

IMB: Asia Maritime Piracy Attacks on the Rise

Piracy, armed attacks on ships in Asia at highest since 2006. Asia accounted for three-quarters of global maritime piracy last year after a surge in tanker hijackings

Grounded LNG Tanker to be Lightered

A fully loaded liquefied natural gas (LNG) tanker grounded off Nigeria last week may siphon its cargo to another ship after tugs failed to pull it free, owner Teekay LNG Partners said on Tuesday.

Gas Tanker Reportedly Aground off Nigeria

A liquefied natural gas (LNG) tanker has run aground off Nigeria after taking on a cargo at the country's Bonny Island export plant, two trading sources said. The 165,

John Anthony Chamberlain

A Founding Father of Signal Passes Away (December 12, 1940 – January 1, 2015).   It is with great sadness that the Managers of Signal Mutual Indemnity Association Ltd.

MPA: Collision, Oil Spill off Singapore

An oil tanker and a bulk carrier collided off Singapore on Friday causing some crude oil spillage, the Maritime Port Authority said. A Libyan-registered oil

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