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Skuld books big jump in H1 surplus
Norwegian marine mutual comes through with ‘solid’ technical performance
Fire Next Time for Lloyd’s
True, the first-half numbers look pretty good. The second half could be an entirely different story
UK-US ‘Pink Corridor’ aims to chart path for nuclear-powered container shipping
Lloyd’s Register, Maersk and the ports of Felixstowe and Charleston will examine the regulatory, security and operational framework needed to support future nuclear-powered containership operations, looking beyond reactor technology to real-world deployment
Charterers lawyer up for Asia shipping contract disputes
Clyde & Co draws comparison between Strait of Hormuz crisis and 1956 Suez closure, which saw cases come to court many years later
NorthStandard seeks to influence policy agenda in shipowners’ favour
Helen Barden takes over as club’s head of external affairs
Four in five crew deaths linked to illness not accidents, Britannia finds
Heart disease leading cause of fatalities at sea
Hormuz crisis exposes shortcomings in war risk clauses amid unprecedented conflict
Marine industry may find itself needing to re-examine outdated wordings to ensure policies stay fit for purpose
Hormuz-related force majeure declarations could create unprecedented chaos
Disputes could arise on the back of Hormuz force majeures in the long term as buyers challenge sellers’ abilities, or lack thereof, to perform their contractual obligations
MS Amlin had talks with Saudi EXIM over state war risk scheme
Meetings earlier this year proved inconclusive, say market sources
Marine insurers still providing charterers’ war risk cover for Saudi-linked tonnage
Saudi-linked vessels can still secure charterers’ liability cover despite new International Group exclusions, but at a higher cost, while Riyadh explores a state-backed marine insurance scheme to shield shipping from escalating Red Sea war risks
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