Maltese cargo ship damaged after grounding in Greece
Master and crew member face charges after incident off Rhodes
Insurance
Swedish Club calm as investment losses cut into free reserves
Underwriting recovered in 2022 and the insurer says investment returns are poised to bounce back
Joint War Committee declares Sudan a listed area amid military unrest
Insurers are concerned the country’s ports could be affected by the troubles
Capesize bulkers have ‘positive end to the week’ as China reels in Australian iron ore
Spot rates for smaller bulkers also improved later in week but were less volatile
Shipowners’ Club upbeat after strong underwriting result
Specialist ship insurance mutual registers an underwriting profit last year
David Roberts to head up NorthStandard’s Asia regional headquarters in Singapore
Club claims it offers the widest P&I service provision in Asia-Pacific region
International Group clubs pull P&I insurance cover from Gatik tankers
Only a handful of the Indian shipowner’s tankers remain under the cover of the shipping industry’s leading insurers
Nordic insurers added $274m in premium income last year
Figures show hull, energy and P&I insurance markets remained firm last year
Insurer Gard puts out drug alert on Mexican ports
Ships and crew have been detained for months after the discovery of drugs
Broker Howden launches marine and energy business in Norway
Marine specialist Frode Lund jumps ship from WTW to head up the new outfit