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Alarm sounded over safety of STS operations
Majority of STS operations are done by smaller local or regional operators with unverifiable safety management systems, says risk assurance specialist

International Group insured ships that may have breached Russia sanctions
Some owners ‘now innocently conducting an illegitimate voyage’, notes lawyer

European shipowners wary of lifting grain from Ukraine
The safety of crews and vessels in what is still a war zone is upmost in the minds of owners, who are carrying out risk assessments before committing to any trade linked to the region

Ukraine war risk insurance rates find normal range
Worst-case scenario of high insurance premiums jacking up costs to buyers and thus to hungry consumers in emerging market economies now looks to have been averted

Ukrainian grain sailings increase amid lingering safety concerns
Industry still has concerns regarding the safety and security of vessels, and their crew engaging in trade, says Intercargo chairman

Daily Briefing August 11 2022
Ukraine grain shipment bulker not covered for war risk or cargo | First humanitarian aid ship heads to Ukraine for grains | Resumption of Ukrainian grain exports expected to lift smaller dry bulkers | Frangou tightens control over Navios Holdings

Ukraine grain shipment bulker not covered for war risk or cargo
Unsold corn consignment analysed in late May and judged sound, with repeat fumigation as a precautionary measure

Steamship got most of price hike demand, club confirms
‘Steamship Mutual remains in a strong position, with substantial free reserves and a growing membership,’ says Stephen Martin

UK’s tougher marine insurance sanctions on Russia put on indefinite hold
No sign yet of alternative Russian provision yet emerging, despite earlier promises by Medvedev

Ever Given grounding gave P&I chance to shine, says club
NorthStandard merger does not necessarily mean other marine mutuals will join forces any time soon, says Andrew Taylor

Hiscox backs Lloyd’s market Ukraine consortium plan
‘We have committed our support to the Lloyd's market-led initiative. We are very supportive of it,’ says chief executive

International Salvage Union hails ‘modest recovery’ in sector
‘Economic conditions are challenging, and activity and income for our industry is volatile year on year. The trend towards a smaller number of larger and more complicated cases enhances that annual variability,’ says Sloane
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