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Thomas Miller announces Leo Kirchner as new CEO of Thomas Miller Americas

Thomas Miller announces Leo Kirchner as the successor of Mike Jarrett in the role of President/Chief Executive Officer (CEO) of Thomas Miller Americas. After 40 years at Thomas Miller, including 27 years in the New York and New Jersey offices, Mike Jarrett will retire at the end of February 2020, when Leo Kirchner will take over the position. As President/CEO Leo will direct and manage the full range of operations for Thomas Miller Americas. Leo has spent 25 years with Thomas Miller, most recently as Regional Director for the Americas ...

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Britannia P&I Opens A Branch Office In Copenhagen

On 1 January 2020, Britannia P&I’s Exclusive Correspondent in Denmark (B Denmark P&I), will become a full branch office and be renamed TR(B) Denmark. The new branch office will continue to be headed by Mr. Michael Boje-Larsen, a lawyer with considerable experience in maritime law, including P&I and FD&D cover. Michael is supported by Rishi Choudhury, an Associate Director of Britannia P&I, a FD&D specialist who has been working with the Club since 2006. Further expansion of the team is planned for early 2020. Denmark is an important market for ...

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Understanding PTSD is crucial to supporting crew – UK P&I Club comments

Sophia Bullard, Crew Health Programme Director at UK P&I Club, discusses the issue of Post-Traumatic Stress Disorder (PTSD) at sea, outlining its symptoms and recovery tips: “PTSD is a very common disorder, affecting 4-5%* of the UK’s population, with the nature of the seafarers’ work putting them at higher risk than the general population. Therefore, it’s vital that shipowners can identify, understand and provide the appropriate treatment for those affected. “Naturally, individuals that have suffered or witnessed major traumatic events can experience acute psychological distress, feel frightened, sad, anxious or ...

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Onboard safety precaution on tank cleaning – “The Final Stretch” for IMO 2020 Sulphur Cap

The shipping industry is now making the final preparation for the compliance with the IMO 0.50% sulphur cap with less than a month to go before the new regulation takes effect on 1 January 2020. Skuld would like to advice its members on the risk for the IMO 2020 regulation, particularly to the crew onboard who will be cleaning the tanks if the vessel will use compliant fuel. With the 2020 deadline approaching, members are advised to be mindful in preparation for the safety of the crew onboard. Fuel oil ...

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Regulation banning the use of heavy fuel oil in the territorial sea of Iceland

The Ministry for the Environment and Natural Resources of Iceland has tightened requirements on the use of heavy fuel oil in the territorial waters of Iceland. In its statement the Ministry has informed all interested parties: “The permissible sulphur content of marine fuels used in the territorial sea and internal waters of Iceland will be lowered from 3.5% down to 0.1% on January 1, 2020…In addition, on January 1 2020, the permissible sulphur content of marine fuels will be lowered down to 0.5% within the Icelandic Pollution Prevention Zone but ...

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Thomas Miller Specialty concludes purchase of Lodestar Marine’s book of business

Thomas Miller Specialty, a global insurance provider across a number of sectors including marine, offshore and general aviation, announced today it has concluded the purchase of Lodestar Marine’s book of business. Vicky Clarke, underwriter at Lodestar Marine is joining the Thomas Miller Specialty team. Vicky has over 13 years’ experience in the marine insurance market as an underwriter and she will bring not only sector expertise, but will ensure continuity for renewing business. Danielle Champion, Chief Executive Officer, Thomas Miller Specialty, says: “The purchase of Lodestar’s book is a logical, ...

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What is the cause of most bunker spills?

Over the last five policy years, 2014 to 2018, 18% of all pollution incidents handled by the Gard claims teams have been caused by bunker spills, with an average cost per incident in excess of USD 100,000. Although bunkering is a routine operation, it involves high risk. The two main concerns in bunker spills are firstly, the environmental impact of spills, especially from persistent oils, and secondly, the risk of crew members and/or owners facing criminal prosecution. So why do spills happen and how can they be prevented? There can ...

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Protection & Indemnity club: Nigerian firms to save N1.4bn annually

An estimated N1.4 billion would be saved annually by Nigerian maritime operators when the planned establishment of a Nigerian Protection and Indemnity (P&I) Club materialises. Efforts by ship owners, the Nigerian Maritime Administration and Safety Agency, NIMASA and some insurance firms to establish P&D Club is already underway. The amount represents what is presently paid as premium by Nigerian maritime stakeholders to foreign P&I Clubs on yearly basis. The move towards a Nigerian P&I Club, Vanguard Maritime Report gathered, followed a directive by the presidency to ship owners and NIMASA ...

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Hong Kong proposes tax breaks for marine, specialty insurance

Hong Kong’s government will submit tax relief proposals to promote the development of marine insurance and the underwriting of specialty risks in the city. Chief Executive Carrie Lam Cheng Yuet-ngor, speaking at the Asia Insurance Forum, said that the proposals will be submitted to the legislative council next week, The Standard reported. Lam noted that there are more than 10 leading global insurers operating in Hong Kong, and, if the proposals are accepted, these would serve as a boost to Hong Kong as a regional and global insurance hub. The ...

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American Club Presents Buoyant Annual Market Review

The American Club recently made market presentations to its considerable constituencies of Members, brokers and other friends and supporters in both London and Athens. Its gathering in London on December 3 was hosted at Trinity House, while its reception in Athens on December 5 took place at the Yacht Club of Greece in Piraeus. The presentations provided a full spectrum of up-to-date information concerning the Club’s mutual and fixed premium business. They also included a report on recent developments at American Hellenic Hull Insurance Company, Ltd., a Cyprus-based subsidiary of ...

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New IMO regulations present unique challenges for 2020

Stuart Edmonston, Loss Prevention Director at UK P&I Club, looks at what IMO 2020 and increased automation mean for the maritime sector in 2020: “From a loss prevention perspective, the most obvious discussion point for 2020 is the impending roll-out of new IMO fuel and emissions regulations, which will bring unique challenges in terms of compliance, enforcement, and managing the new type of fuel on board. There will also be additional impact on training and maintenance as some vessels are fit with scrubbers. “The industry must be prepared for not ...

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New Head for Britannia’s Greek Office

Britannia P&I Club is delighted to announce that Konstantinos Samaritis will be taking over as head of its office in Greece with effect from 1 January 2020. Konstantinos is a qualified Greek lawyer and accredited mediator. He joined Britannia’s Managers, Tindall Riley, in 2018, having previously worked in both Standard and Skuld’s Greek operations for ten years. Konstantinos has also worked for a US listed shipowner and at a local law firm. “This is exciting news” says Britannia CEO Andrew Cutler “and I am pleased that our team in Piraeus ...

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TT Talk – Overview of Incoterms® 2020

1 January 2020 will witness the introduction of Incoterms® 2020. Revised every ten years, in common with previous editions, this latest revision has been assessed against current business practices, taking into account new technologies and challenges faced through the intervening period. Incoterms were first introduced in 1936 amid turbulent economic times, and emergent regional and global markets. At the time, various countries were introducing a series of new trade tariffs and negotiating bespoke contracts; there was a recognition that the general climate of trade risk was changing. Translated into 25 ...

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Lithium Ion Batteries, a force to be reckoned with in vessel applications

Since the beginning of boat building; designers, builders, owners and crew have always sought to do more with less. Seeking efficiencies may reduce costs, make better use of space, provide more speed and meet regulatory requirements or socially accepted organisational norms. While developed in the early part of the 1900s, the use of lithium batteries did not see much in the way of commercial or consumer applications until the 1970s. Even then, marine applications haven’t gained traction until recently, just the past three to four years. Lithium batteries can be ...

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Crew Welfare 2020: Shore-side talk is cheap – UK P&I Club comments

Sophia Bullard, Crew Welfare Director at UK P&I Club, looks forward to further developments in mental health awareness and practical initiatives among crew in 2020: “While there has been much talk shore-side on mental health awareness, which undoubtedly is positive and important, in 2020 the industry must transform dialogue into more practical solutions for crew. This should take various forms, including screening tools, training programmes and self-help techniques “We are seeing an increase in the development of solutions measuring seafarer psychological/psychometrical screening. Companies are offering programmes to screen resilience, decision-making ...

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