Category Archives: Insurance Claims

Ocean Breeze- Disabled in Dardanelles due to Engine Failure

Posted on April 12, 2012 by Editor

  At around 0250 LT Jan 05 bulk carrier Ocean Breeze suffered engine failure, while transiting Dardanelles Straits, in Canakkale / Karanlik Liman area. At around 0250 LT Jan 05 bulk carrier Ocean Breeze suffered engine failure, while transiting Dardanelles … Continue reading →

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Boat Insurance- Why you should take one?

Posted on February 11, 2012 by Editor

Under the Marine Insurance Act a boat is also eligible for the insurance policy like other vehicles. Small boats which don’t go beyond the bay can be covered by home insurance. But for the seafaring boats you need to take … Continue reading →

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USA: Mantiwoc Runs Aground in Saint Joseph

Posted on December 10, 2011 by Editor

The Mantiwoc, a ship carrying limestone, ran aground in Saint Joseph this week. Being unable to get into the harbor, the ship had no other choice but to go back 300 to 500 feet off from Dock 63. This happened … Continue reading →

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Steamship Mutual P & I Club Sets 5% Premium Increase for 2012

Posted on November 6, 2011 by Editor

The Directors of the London-based Steamship Mutual P&I Club “recently reviewed the Club’s open policy years, as well as claims in earlier years, and considered the premium ratings required for the 2012 policy year,” said  an announcement from the Club. … Continue reading →

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Inadequate newbuilding supervision leads to costly claim

Posted on October 21, 2011 by Editor

International Transport Intermediaries Club (ITIC) says a recently concluded claim brought against a newbuilding supervisor helps illustrate the level of diligence which might realistically be expected of such a specialist service provider.In the latest issue of its Claims Review, ITIC … Continue reading →

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