Marine Link
Thursday, March 28, 2024
SUBSCRIBE

War Risks Rating Committee News

14 Sep 2001

INTERTANKO Offers Support, Vital Information During National Tragedy

The terrible tragedy that occurred on September 11 will live long in everyone's memory. The implications will be far reaching and at this stage it is not known what reprisals will result. With so many losing their lives the implications on vessels calling at U.S. ports seems rather trivial in comparison. Nevertheless merchant shipping was affected. The LOOP terminal was closed for a while and entry to certain ports was restricted or delayed. The Association will keep in close contact with the U.S. Coast Guard and advise our members of any additional security or other procedures implemented in the wake of the terrorist attacks. The world's insurance markets are most likely affected by the massive claims that will be made on insurance and re-insurance policies.

17 Sep 2001

Terrorist Attack will have Lasting Implications

The terrible tragedy that occurred on 11 September will live long in everyone's memory. The implications will be far reaching and at this stage it is not known what reprisals will result. With so many losing their lives the implications on vessels calling at US ports seems rather trivial in comparison. Nevertheless merchant shipping was affected. The LOOP terminal was closed for a while and entry to certain ports was restricted or delayed. The Association will keep in close contact with the US Coast Guard and advise our members of any additional security or other procedures implemented in the wake of the terrorist attacks. The world's insurance markets are bound to be severely affected by the massive claims that will be made on insurance and re-insurance policies.