Growing marine industry digitalization brings with it increasing exposure to cyber risk. In response, ABS Consulting, an ABS Group subsidiary focused on safety and risk management, has joined forces with the American
P&I insurer Gard is warning that flat batteries in bilge alarm monitors may lead to Port State Control problems. Port State inspectors compare the Bilge Alarm data to the entries in the
P&I insurance broker P. L. Ferrari & Co. is warning that the U.S. Treasury is strengthening its controls and surveillance to identify ships trading to sanctioned countries or areas. And that makes
Shipowners Claims Bureau, Inc. (SCB), manager of the American Club, has made a number of senior appointments . At the club’s headquarters in New York, Margaret Lee has been appointed as Lead
JULY 19, 2017 — The OW Bunkers collapse and the bankruptcy of Hanjin Shipping underscore the fact that vessel operators are sometimes exposed to the financial failures of their business counterparties. To
MARCH 3, 2017 — Insurance rating agency A. M. Best says that underwriters in the marine protection and indemnity (P&I) sector have needed to exercise underwriting discipline for the February 2017 renewal
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)
JUNE 24, 2016—On the cusp of celebrating its centennial in 2017, P&I insurer The American Club continues to prosper, reporting positive results for 2015 despite a challenging market at its annual meeting
MAY 27, 2016—Leading P&I organization The American Club has won the Lloyd’s List North American Maritime Services Award for 2016. The presentation of the award took place in New York at the end of
MAY 27, 2016 — The London P&I Club says it continues to see cases of injuries and fatalities associated with entry into enclosed onboard spaces, including cargo holds on bulk carriers where