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Transatlantic tanker rates have steadied, with fixtures agreed earlier this work to ship gasoline and other refined products to the US east coast not going ahead as urgency abates with pipeline restart
Two explosions were reported on a Lebanese-owned tanker carrying Iranian crude to Syria after a similar incident on the same ship two weeks ago prompted fears of a drone strike
Lloyd’s faces negative reaction to proposed closure of LOF’s supporting framework as concern over safety, the environment and London’s reputation spill over
Lloyd’s List is teaming up with its sister publication Insurance Day this week for our first joint edition of the Podcast looking at the insurance implications and scenarios in the wake of the Ever Given casualty in the Suez Canal. Jonathan Humm, who leads the marine hull team at Aegis London, and Stephen Hawke, managing director of PL Ferrari, the P&I specialist broker, join the discussions this week as we examine the marine insurance fallout from shipping biggest traffic jam
Big question is whether limitation will provide protection from vast number of claims expected after casualty, including billion-dollar compensation bid from Suez Canal Authority
The quantity of oil spilled was not immediately quantifiable, but the vessel’s technical manager said that all crew on board the tanker were accounted for and were unharmed
Poor packing of containers risks casualties and contamination. Licensing container stuffing centre staff could be the solution
The number of fatalities declined 48%, while the number of injured persons decreased by 36%, according to preliminary figures
Cargo owners had hoped efforts to separate cargo and vessel would have allowed containers to be transhipped to other vessels. But hopes of that have now been dashed
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