marine insurance

Risks from cargo delivery without original Bills of Lading: Two case studies

The Japan P&I Club shared two recent cases of cargo delivery without production of original bills of lading, to highlight that this is a risky practice for owners and carriers. The Club has encountered several disputes in which vessels were placed under arrest as a consequence of cargo delivery without production of original bills of lading. 

Removal of containers from ONE Apus likely to take several more weeks

Removal of collapsed containers from the ill-fated ONE Apus will likely take several more weeks to complete, as the owner company ONE Line intends to conduct repairs to the vessel’s deck simultaneously with the discharge operation, according to shipping claims consultancy WK Webster, which is involved in the case.

Cargo losses from ONE Apus may reach USD200 million

With a total of 1,816 containers lost overboard and what looks to be thousands more collapsed throughout the deck of ONE Apus, cargo losses, on the basis of average containerized cargo values, may reach USD200 million or more, according to shipping claims consultancy WK Webster, which is involved in the case.

Joint War Committee redraws Gulf of Guinea risk area

Following an increase in kidnap for ransom attacks in the Gulf of Guinea beyond Nigeria’s economic zone, the Joint War Committee has redrawn the listed extended risk area in the West Africa region, marking an increase in vessel insurance premiums.

North brings humanity to cyber compliance

In this article, Mr. Colin Gillespie, Director (Loss Prevention) at the North P&I Club, analyzes the main points of cyber resilience for an organization, highlighting that employing the right people is central to cyber security.

Container casualty causes in the spotlight

In a recent webinar, Thomas Miller, TT Club and UK P&I Club discussed factors associated with container casualties to pinpoint key challenges towards safer container ship operations and enhanced security of the container stacks they carry. Attention to numerous factors is needed to avoid repeated casualties insurers noted.

maritime events