February 2022
What are shipyards putting on the deck and inside the wheelhouse on newbuild vessels? Find out, plus get the latest scoop on green fuels, marine insurance, and offshore wind.
marine insurance
Marine insurers get their own Poseidon Principles
Since they were launched in June 2019 as a framework for assessing and disclosing the climate alignment of financial institutions’ shipping portfolios, the Poseidon Principles are increasingly influencing what kind of maritime
Why P&I rate increases are in the works
Shipowners are steeling themselves for steep increases in the cost of P&I (protection & indemnity) insurance. The latest leading P&I mutual to send a signal of what is ahead is the North
AXA XL strengthens U.S. marine loss prevention team
Senior risk consultant Jarek Klimczac is transferring to insurer AXA XL’s New York City office from Singapore, effective September 1, 2021. “Our risk consultants play a vital role in helping clients mitigate
Beazley appoints Chris Hill to U.S. marine underwriting team
Specialist insurer Beazley has appointed Chris Hill as an underwriter within its U.S. marine team. He will be based in New York and will underwrite a U.S.-wide book of marine hull and
VesselsValue partners with Concirrus
Online ship valuation and data provider VesselsValue has a formed a new data partnership with Concirrus, a company that serves the insurance market with a number of data and analytical services. The
New specialty marine insurance available
APRIL 10, 2017 — U.S. Risk, LLC has announce a strategic alliance with Aspen American Insurance Company, a subsidiary of Aspen Insurance Holdings Limited, to offer a specialty insurance product designed for
American P&I Club set to celebrate centenary
JANUARY 3, 2017 — Founded in New York nearly a century ago the American P&I Club has just published a book entitled “The American Club: A Centennial History.” Written by former Wall
Marine insurer makes VP appointment
AUGUST 8, 2016 — Fidelis Group Holdings, LLC and subsidiary Continental Underwriters, Ltd, have hired John Kirchhofer as Vice President of the Marine Division. Headquartered in Covington, LA, Fidelis Group Holdings (FGH)
Shipping losses decline slightly
MARCH 22, 2016 — According to the Allianz Global Corporate and Specialty Safety and Shipping Review 2016, the shipping industry saw the number of total losses remain stable during 2015, declining slightly