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Insight News from February 2018

SafeWaters expands insurance offering thumbnail image

SafeWaters expands insurance offering

February 15 - SafeWaters Underwriting Managers has entered a delegated authority underwriting agreement to provide the US and Latin American markets with an expanded insurance offering of ocean marine products, backed by Aspen Insurance.
Views: 1095
AAPA pleased with Trump's infrastructure plan thumbnail image

AAPA pleased with Trump's infrastructure plan

February 14 - President Donald Trump has called on Congress to pass his long-awaited national infrastructure rebuilding plan, which proposes allocating USD200 billion for direct federal spending for US infrastructure over the next ten years.
Views: 1712
IMO agrees carriage ban of non-compliant fuels thumbnail image

IMO agrees carriage ban of non-compliant fuels

February 12 - The International Maritime Organization (IMO) has agreed to move forward with a ban on the carriage of fuel oil for use on board ships, when that fuel oil is not compliant with pending sulphur limits.
Views: 1356
Insurers warn on sulphur cap thumbnail image

Insurers warn on sulphur cap

February 5 - As the IMO's 2020 sulphur cap draws closer, insurance broker Marsh has emphasised that non-compliance with the regulations could allow a ship to be declared unseaworthy, threatening to invalidate liability insurance cover.
Views: 806
Drewry - brighter future for MPVs thumbnail image

Drewry - brighter future for MPVs

February 2 - According to Drewry Maritime Research, the economics suggest that the multipurpose (MPV) shipping sector should be performing much better than it actually is. Demand growth has been steady, outstripping the supply of new vessels. However, own
Views: 977
FROM THE MAGAZINE: A year of upheaval thumbnail image

FROM THE MAGAZINE: A year of upheaval

February 1 - 2017 proved to be another tough year for the heavy lift and project forwarding sector, as HLPFI reported in the January/February 2018 edition.
Views: 371

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