Magazine

Read the latest edition of AIR and MEIR as an Interactive e-book

May 2017

Feature


Marine insurance

Navigating out of the perfect storm

Marine casualties large and small are poised to rise to levels not seen in many years and there is a strong possibility that constructive total losses will increase. Mr David Ong of ArgoGlobal advises marine insurers to stay the course with a well-prepared strategy to sail through in the face of a bleak outlook for the maritime economy.
 

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Covering crewless vessels

The impact of technology in the commercial shipping industry will change the course of marine insurance and risk management. Mr Rodolfo Quiroga of AIG looks at the risk and coverages needed by parties in the new autonomous logistics chain, bearing in mind the current rules.
 

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What marine insurers can learn from the RENOS case?

When assessing a constructive total loss of a ship, should the value of salvage services incurred prior to the issuance of a Notice of Abandonment be taken into account? Mr Grant Pilkington of Clyde & Co offers advice in the context of a court decision in the RENOS engine room fire insurance claim and highlights its relevance for marine insurers in the UAE and Saudi Arabia.

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Chartering an autonomous sail

Autonomous unmanned ocean-going ships are going to be a reality sooner or later. Mr Michael Biltoo of Kennedys gives a deck-side view of the shipping industry’s future charter with technology but without crew.
 

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