Marine Log February 2022 issue - inside the vessel

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

Paul Jennings, North P&I chief executive

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

Jarek Klimczac

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

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