SSA Names Manpower Issues a Top Priority
Playing an active role and making meaningful contributions to the workings and development of the Tripartite Maritime Manpower Taskforce initiatives for both seafaring and shore-based jobs will be one of the major priorities for the new Singapore Shipping Association (SSA) Council, its recently elected President has announced. Addressing a press briefing in Singapore yesterday, Esben Poulsson said the initiative, spearheaded by the Maritime and Port Authority of Singapore (MPA)…
Insurance Issues Facing Tanker Industry
The session, entitled Marine Insurance – the impact of September 11, was chaired by Luke Readman from the UK P&I Club. The team of speakers comprised John Fawcett-Ellis, INTERTANKO, together with Hedley French and John Garthwaite from Jardine Lloyd Thompson Risk Solutions. John Fawcett-Ellis began the session with a presentation on the insurance related activities of INTERTANKO and in particular post September 11. An overview was given of the work of the Insurance Committee. It was emphasized that the committee members were actively engaged in insurance matters on a day-to-day basis. This knowledge of the insurance markets meant that they spoke the same language as those engaged in the insurance industry…
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.
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.
