June 2023
Will marine engines be ready for future fuels? We help answer that question in addition to focusing on marine insurance and deck machinery.
marine insurance
Op-Ed: Are ports exposed when it comes to marine insurance?
By Edward McNamara, CEO of Armada Risk Partners, a Cleveland U.S.-based port insurance broker One of the biggest challenges to the marine industry post-COVID is that the marine insurance industry is more
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
Felicity Ace car carrier fire set to push up marine insurance costs
Volkswagen AG has come far from the days of the beloved air-cooled bug. These days its portfolio includes brands such as Bentley and Lamborghini. That means that the fire still burning aboard
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 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