Trade war between the US and China

Vessels may be unable to access ports while seafarers may also be barred from operating in certain nations in the event of a full-blown trade war.


Marsh & McLennan will be the world's biggest marine broker.

The deal was announced this morning in London and as news spread to marine insurers in Cape Town, there was a concern over where it will leave the market.


Map of Africa

IUMI targets membership increase in Africa.


Containerised cargo being loaded on to a vessel

Underwriters will challenge the tide of cases involving inaccurate or incomplete cargo labelling, IUMI committee chief warned.


Evergreen

The speculation prompted Evergreen to put out a statement to the Taiwan Stock Exchange.


Antong ship

Antong Holding will raise funds to expand its container ship fleet and construct two logistic parks.


IUMI Ocean Hull Committee chair Mark Edmondson

IUMI Ocean Hull Committee chair has warned that the industry faces the threat of a prolonged soft market.


Yangzijiang is establishing a joint venture with Japanese trader Mitsui & Co. Credit: Yangzijiang Shipbuilding

Chinese shipbuilder Yangzijiang is establishing a joint venture with Japanese trader Mitsui & Co.


Maersk Honam fire

A leading salvor said the introduction of more fire breaks would be a significant first step to prevent a fire from spreading across large numbers of containers.


Imabari Shipbuilding yard

Japan’s Mitsui & Co has booked a bulker duo from Imabari Shipbuilding.


Panama’s MIT

Caribbean transhipment terminals already have spare capacity and a raft of new projects is set to provide carriers with even more options.

 


Hugo Wynn Williams, chairman of Thomas Miller

Once the acquisition agreement is endorsed by Thomas Miller’s shareholders, signing of the deal is likely to take place in early October.


A damaged shipping container

Astrid Seltmann said there are worrying sides for cargo insurers following significant losses last year that gave rise to the most expensive North Atlantic hurricane season in history.