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Insurance

Insurance

Marine Insurance: Climate Change Challenges for the Shipping Industry

portnews -
With 90% of global trade moved by sea, shipping is a major contributor to climate change. The International Maritime Organization (IMO) estimated that the...
Insurance

Ship insurers seek navy escort on Ukraine grain corridor

portnews -
INSURANCE brokers and underwriters say they will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if...
Insurance

Lloyd’s insurers preparing to cover Ukraine grain-chairman

portnews -
Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to announce their plans shortly,...
Companies

Lancashire reports H1 growth in marine

portnews -
Re/insurer Lancashire has said in its H1 report that growth in the marine segment was primarily driven by new business, particularly in the marine...
Fuel Bunkering Power

Project to Build Quality Assurance Framework to Speed Use of Biofuels

portnews -
Many shipping companies have independently tested biofuels including Oldendroff loading biofuels in Singapore A consortium of18 companies from the shipping industry led by the Singapore-based...
Insurance

Organizational change at Japan Club

portnews -
Japan P&I Club has created a Head of Claims Units in the Head Office. The Head of Claims Units will manage and improve the claims...
Insurance

Ship Insurers Seek More Assurances on Ukraine Grain Corridor

portnews -
Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international...
Insurance

UK Club Report: decline in free reserves continues, but slows

portnews -
UK Club has released its directors’ report & financial statements for the year ended February 20th 2022 The Club’s free reserves fell slightly, with its...
Insurance

Britannia P&I publishes sustainability progress report

portnews -
Since publishing its inaugural sustainability report in 2021, several major events have impacted on Britannia’s Environmental, Social and Governance (ESG) strategy including the COVID-19...
Insurance

Britannia records $25.2m deficit after investment performance deteriorates

portnews -
In its financial review and update for 2022 Britannia P&I Club reported a net deficit of $25.2m for the year to February 20th 2022,...
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