Author: Nick Blenkey

P&I club executives plan to create new marine insurer

Major P&I merger will create new marine insurer

Marine P&I (protection and indemnity) insurance mutuals have long been facing challenging market conditions that have led observers to predict that further consolidation in the industry was likely. Today, two well-known players—North

NovaAlgoma cement carroer

NovaAlgoma adds 5 ships to fleet

Algoma Central Corporation (TSX: ALC), St. Catharines, Ontario, reports that NovaAlgoma is acquiring three cement carriers from KGJ Cement in Northern Europe and two handy-size bulk carriers from Swire Bulk Holdings Pte.