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The Directors have agreed the gross rates of Annual Premium to be charged for the 2015 Policy Year. The rates as set out in Circular C1-2015 dated 20 January 2015) correspond to a reduction of 25% on…

In a statement by Captain Warredi Enisuoh, the Director, Shipping Development of the Nigerian Maritime Administration and Safety Agency (NIMASA)  the Nigerian Federal Government has made clear…

The Managers have today received reports that the Nigerian authorities plan to close the country's land and sea borders with effect from 0000 25 March LT until 0000 LT 28 March 2015, whilst elections…

The Managers have received reports that the port of Aden, Yemen, has closed today, 26 March 2015, amid heavy fighting between Houthi rebels and pro-government forces. We have been informed that the…

Following our update on Wednesday 25 March, the Managers have received some further information on the current situation in Nigeria.   In the lead up to the General Elections, most…

Venezuelan Port Control has lifted its recent port restrictions which prohibited entry to ships arriving from Aruba or Curacao, or flagged to those countries.

Credit rating firm A.M. Best announced on 18 April that it had affirmed the financial strength rating of A- (Excellent) and the issuer credit rating  of “A-” of The United Kingdom Mutual War…

The UK Coastguard Twitter feed @MCAMedia has warned of the hazard of unexploded bombs and other ordnance from the Second World War being washed ashore on the British coast.  In recent years a…

Reports have suggested that the pirates operating in the Gulf of Guinea have significantly extended their range after a product carrier was fired upon last week whilst transiting over 200 miles south…