United over Shipowner Tactics

Sums Don’t Add Up

buy Pregabalin online australia Data from Lloyd’s List Intelligence is being used to reinforce criticism that insurance figures from Oceans Beyond Piracy’s latest report on the Human Cost of Maritime Piracy 2012 are incorrect.    Defining the Gulf of Guinea as Cape Lopez to Cape Palmas…

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Low Cost High Risk

click for more A leading UK private maritime security company (PMSC) that has set up in Singapore has warned shipowners in the region of the need to watch out for myriad firms who are charging incorrectly for their protection services. Freddie Hall, relocated in…

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Insurers Twitchy on Force

Lloyd’s Market Association’s Joint War Committee is set to review the new international standard on Rules for the use of Force at its next meeting. The 100 Series rules have been rolled out despite some insurance industry concerns about its potential liability problems. Indeed,…

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Serious Economic Challenges

At the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world’s transport ministers from more than 50 countries (22-24 May), the views of the global shipping industry were represented by the International Chamber of Shipping (ICS),…

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UK P&I Back on Track

Disciplined underwriting increases UK P&I Club free reserves to new high. The UK P&I Club, one of the largest and oldest providers of mutual liability insurance to ship owners, today announces its financial results for the year ended 20 February…

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Ransom and Extortion Concerns

AdvanFort has expressed dismay concerning revelations that the owners of MV Blida had to pay a multimillion dollar ransom to secure the vessels release and freedom of the crew. Company president William Watson says, “Those ship owners and operators who…

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Sales Not The Answer

The problems facing owner TMT are not confined to Antwerp and the “C Ladybug” – elsewhere courts are dealing with the aftermath of the financial meltdown and vessels are being put up for auction. However, with the shipping markets in…

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Forced Discharge

The car carrier “C Ladybug” is set to be forced into discharging cargo which has remained stuck on board since it was arrested around two months ago as the owning company TMT continues to deal with its financial woes.  The move…

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