Whilst in general, major losses remain stable, the continued erosion of the global premium base means that attritional losses are becoming much more significant. The increased risk of large, more complex and costly claims has the potential to impact al…
Concerns remain for global marine underwriting, says IUMI Read More »
The Turkish Straits are among the busiest waterways in the world. They have crucial importance for the international shipping industry especially for trades involving the Black Sea, Sea of Azov (Northeast of Crimean Peninsula), Marmara Sea, Aegean Sea …
Liabilities arising under the Turkish Straits clauses Read More »
Shipowners have picked up their investment plans, as both newbuilding orders and acquisitions of second hand tonnage have been strong lately. In its latest weekly report, shipbroker Intermodal noted that “strong contracting activity resumed in the past…
Newbuilding Activity and S&P Sales In Full Swing Read More »
There are many legal issues that operators should be aware of when deciding to supply bunkers in Argentina, not to mention operational issues regarding: – the lack of barges available; – delays due to weather; and – congestion during …
Bunker supply and VAT Read More »
INTERCARGO’s Bulk Carrier Casualty Report 2018 provides an analysis of reported bulk carrier losses during the period from 2009 to 2018, when 188 lives were lost and 48 bulk carriers over 10,000 dwt were identified as total losses. Although there has b…
INTERCARGO: 48 Bulkers and 188 Lives Lost During 2009-2018 Period Read More »