All the headlines from our Ocean Marine Topic Page, ordered by recency.
Dec 28 2010 // Somali pirates have released the Marida Marguerite, a German-operated chemical tanker after receiving a $5.5 million ransom, the Kenya-based East African Seafarers Assistance Program said on Tuesday. The tanker was seized...
Dec 7 2010 // Suspected Somali pirates hijacked a Bangladeshi ship carrying nickel ore in the Arabian Sea and appear headed to the lawless East African nation, officials said Monday.The Bangladesh-flagged M.V. Jahan Moni appears to have...
Nov 18 2010 // Aspen Insurance now offers inland marine and ocean marine cargo insurance products in the U.S. Aspen will utilize both broker and agency distribution and will consider specialized managing general agents for select lines...
Oct 14 2010 // ACE Global Markets (AGM) announced key appointments as part of a restructuring of its Marine team in London, as follows:Mike Reynolds has been promoted to Class Underwriter for the Marine Hull and Marine Liability Account....
Aug 9 2010 // CNA announced two appointments in its Ocean Marine operation. John Ryszetnyk recently joined as assistant vice president and Roger Ecoff as Risk Control consulting director. In his role, Ryszetnyk manages the Hull and...
Apr 19 2010 // Wells Fargo Insurance Services has named Wayne Marchant as senior vice president and Southeast region healthcare practice leader. He will be based in Savannah.Prior to joining Wells Fargo Insurance Services, Marchant was...
Apr 5 2010 // Accident Fund Insurance Company of America, based in Lansing, Mich., appointed Lisa Riddle the new vice president of Claims and Medical Operations.In her new role, Riddle is responsible for the strategic direction of...
Mar 16 2010 // Chicago-based CNA Insurance has named Stephen Clark as vice president of its Ocean Marine operation. In this role, Clark has responsibility for the global insurer’s entire ocean marine line of business, including...
Mar 1 2010 // Somali pirates are likely to increasingly target ships taking coal and other commodities over the Indian Ocean because smaller bulk vessels are an easier target than large oil tankers and trade to Asia is booming.A 75,000...
Jan 12 2010 // The Hanover Insurance Group, Inc. reports it has enhanced its ocean cargo insurance offering and related loss control capabilities.This product provides worldwide coverage on goods in transit via vessel, air or land,...
Jan 4 2010 // A cargo ship and a chemical tanker have both been hijacked by pirates in the perilous waters off the coast of Somalia, bringing to four the number of ships seized in the past week, officials said Saturday.The multiple...
Jun 26 2009 // Cincinnati, Ohio-based Great American Insurance Group announced that its Ocean Marine Division, is offering a new policy endorsement that recognizes the efforts of insured marina owners who achieve and maintain...
Jun 25 2009 // The Dutch Defense Ministry said Somali pirates have released a hijacked cargo ship aboard which one crew member was fatally shot.The ministry said Dutch marines are escorting the MV Marathon to a safe port. It also said...
Jun 8 2009 // Bermuda’s Catlin Group Limited has promoted Simon Shrimpton to senior marine hull underwriter in its London office. He will head Catlin’s six-person team, underwriting hull business on behalf of the Catlin...
Apr 20 2009 // Importers and exporters that ship only a modest volume of goods do not have to settle for the often pricey or inadequate marine cargo insurance that is available from freight forwarders — the usual source of this...
Dec 11 2008 // Woodland Hills, Calif.-based Venbrook Group announced it has acquired an ocean marine book of business from Brown & Brown by its retail brokerage company, Venbrook Insurance Services (VIS). The business will be...
Nov 30 2008 // Willis Group Holdings appointed Phillip Ellis leader of a new division focused on growing the company’s Enterprise Risk Management business for Willis’ Global Retail and Specialty teams. He was most recently...
Oct 13 2008 // Aloha Insurance Services, a full service agency with offices in Kailua-Kona and Kailua, Oahu, recently named Peter Preston manager of the new Ocean Marine Department, with emphasis on charter vessels. Preston has been in...
Sep 22 2008 // In the world of foreign trade, making the sale is only half the battle. Once the sale is completed, the arduous process of getting the merchandise from the seller into the hands of the buyer in a timely manner and in good...
Aug 20 2008 // Somali pirates hijacked a Thai cargo ship with 28 crew members onboard, the International Maritime Bureau said Friday.Pirates attacked the Thor Star on Tuesday, senior analyst Cyrus Mody said, in the latest of a string of...