All the headlines from our Ocean Marine Topic Page, ordered by recency.
Jan 14 2015 // Fidelis Group Holdings LLC (FGH) and its subsidiary, Continental Underwriters Ltd., a have formed an ocean cargo division and named Doug Fischer and Crystal Prout as managing directors of the unit.The new ocean cargo...
Apr 24 2014 // The next hacker playground: the open seas – and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet.In this internet age, as more devices are hooked up online, so they...
Mar 18 2014 // UK broker Miller Insurance Services announced that it has bolstered its marine hull business production, broking and account handling capabilities with the appointments of Heather Clarkson and Rick Kerr.Both of the new...
Dec 3 2013 // A judge has delayed the trial over a lawsuit filed after Somali pirates took over a U.S. cargo ship in 2009.Crew members are suing Maersk Line Ltd. and the Mobile-based Waterman Steamship Corp. over the pirate attack that...
Oct 7 2013 // The new Shanghai free trade zone should benefit property/casualty insurers, particularly those in marine/cargo and liability insurance, according to Moody’s Credit Outlook.On Sept. 29, the date that Shanghai’s...
Oct 7 2013 // John A. Miklus has been named the new president of the American Institute of Marine Underwriters (AIMU), the trade association representing the U.S. ocean marine insurance market. Miklus succeeds James M. Craig, president...
May 28 2013 // ACE USA, the U.S.-based retail operations of the ACE Group, has released an updated marine open cargo policy that consolidates multiple coverage components into one form.The updated marine open cargo policy incorporates...
May 16 2013 // The pilot and crew members aboard a cargo ship had reservations about the boat’s course shortly before it struck a bridge over the Tennessee River, but no one stepped up to check written or electronic charts against...
Jan 29 2013 // Capt. Harold “Smitty” Smith couldn’t believe it — they were everywhere, hundreds of them.Boats cluster together at a marina in Brant Beach, on Long Beach Island on the N.J. shore, on Oct. 30, 2012,...
Nov 1 2012 // Cargo shipping was at a standstill on Oct. 30 on the Great Lakes as superstorm Sandy churned waves up to two stories high, forcing crews to take refuge in bays and harbors and raising concerns about an economic blow if the...
Nov 1 2012 // Miller Insurance Services in London has bolstered its marine hull capabilities with the appointment of David Plato from Alston Gayler. Plato, who began his insurance career in 1988, specializes in marine hull insurance...
Apr 11 2012 // Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian oil and petrochemicals that could fall foul of Western sanctions, the insurer said.The United States...
Apr 5 2012 // Key ship insurer, China P&I Club, will halt indemnity coverage for tankers carrying Iranian oil as of July amid tightening Western sanctions against OPEC’s second largest oil producer, two club officials told...
Mar 23 2012 // Ireland-headquartered XL Group plc’s North American marine business appointed Chris Cooke as vice president, hull and liabilities. Chris Cooke The appointment is part of XL’s strategy to expand its brown-water...
Mar 2 2012 // Tough new U.S. sanctions against Iran are raising concern that the OPEC member’s insurers may not be able to pay Western claims in the event of an accident, but Iran’s main ship insurer said it is confident it...
Feb 17 2012 // The waters off West Africa’s coast are now a constant danger for those shipping goods and crude oil in the region, analysts said the day after pirates killed two sailors near Nigeria’s coast.Despite pledges by...
Jan 9 2012 // A cargo ship grounded off the New Zealand coast since October has split in two, spilling sea containers and debris and sparking fears of a fresh oil spill, maritime officials said Sunday.The wreck of the Greek-owned Rena...
Oct 31 2011 // UK Prime Minister David Cameron announced plans to amend British law to allow UK registered vessels to employ armed guards as security, when they are transiting dangerous waters – mainly those off the coast of...
Oct 25 2011 // “Pirates of the Caribbean” they aren’t. They are for the most part desperate men from a failed state that have discovered that one of the world’s oldest professions offers wealth and power, if...
Sep 5 2011 // David J. Bresnahan has been named president of Lexington Insurance Co., the surplus lines unit of Chartis Insurance. He is succeeding Peter Eastwood, who is moving into his new role as president and chief executive officer...