London-based insurer is the first to show its hand on premium increases for the upcoming policy renewal
Steamship Mutual becomes first P&I club to announce general increase Read More »
Hundreds of seafarers to be housed in hotels in mass Covid-19 testing scheme to help relieve stranded crew
Employers and unions set up Manila quarantine safe houses for seafarers Read More »
Broker claims underwriting losses are exaggerated just as mutuals prepare to increase premiums — on the contrary, it says, clubs’ finances are strong and some members may deserve a reduction
No compelling reason for increase in P&I club rates, says Marsh JLT Read More »
Talks focus on reduced daily earnings but longer charter periods to help owners recover shortfall
Gearbulk closes in on deal with Japanese to lower charter rates Read More »
But Japanese yard is also being sued by Mitsubishi Heavy Industries in a breach of patent claim
Naikai Zosen wins ropax order from Marix Line Read More »