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Insurance

Insurance

Ship Insurance Claims to Rise as Black Sea Remains High Risk Area – Allianz

portnews -
Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea...
Insurance

Allianz highlights burning issue of cargo fires

portnews -
Insurer Allianz’s annual review of safety and shipping shows a record low in total losses, a higher number of incidents, and a focus on...
Insurance

Gard Club: Fire safety onboard ships remains a continuous concern

portnews -
  The Gard Club provides useful information regarding the fire safety onboard ships, stressing that fire accidents remain a continuous cause for concern. In April 2022,...
Cape Lopez Port

Perenco Declares Force Majeure after Oil Terminal Leak in Gabon

portnews -
Anglo-French oil company Perenco has declared force majeure for 150 days following a leak at its Cap Lopez oil terminal in Gabon last week,...
Energy

EU Could Ban European Insurance and Tanker Transport for Russian Oil

portnews -
To accompany its proposed ban on the importation of Russian oil, the European Union may also decide to prohibit European companies from providing maritime...
Insurance

Poseidon Principles for Marine Insurance enter into force

portnews -
Navium Marine and AXA XL have joined the Poseidon Principles for Marine Insurance as the eighth and ninth signatories, allowing the Principles to enter...
Insurance

NorthStandard proposal gathers support

portnews -
Consolidation has long been predicted in the mutual P&I sector, but the proposed merger of marine insurance majors North P&I and the Standard Club...
Insurance

Poseidon Principles for Marine Insurance hold founding meeting and enter into force with Navium and AXA XL as latest Signatories

portnews -
The Poseidon Principles for Marine Insurance are a global framework for measuring and publicly reporting the climate alignment of insurers' hull and machinery portfolios....
Insurance

Marine Insurance Industry Braces for More Risk

portnews -
The marine insurance industry is bracing to face expanded, multidimensional risk. That is the consensus of a number of panelists speaking Tuesday at the Marine...
Insurance

Poseidon Principles enter into force after reaching Signatories threshold

portnews -
The Poseidon Principles for Marine Insurance announced that they are now entering into force, after the number of its Signatories surpassed the threshold of...
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