Big Terminal Operators in Constantza Not Accepting Club Letters of Guarantee
A development in Constantza is threatening the use of Club LOU\'s as security for claims involving Constantza port operators. This is to notify Members of a…
Christina Kalimbassieris speaks at IG Conference for P&I Correspondents in Amsterdam, 27-29 September
Christina Kalimbassieris, Managing Director of Kalimbassieris Maritime was a guest speaker at the International Group Conference for P&I Correspondents in Amsterdam from 27-29 September. The…
Strikes Causing Disruption at Ikonion Container Terminal, Piraeus, Greece - 14/10/09
The following loss prevention circular is to advise the Club and Members that strikes at Piraeus port, Greece are causing disruption to trade. The following…
Services have resumed at Ikonion Container Terminal in Piraeus - 20/10/09
Services have resumed at Ikonion Container Terminal following a decision by Piraeus port workers to suspend their strikes until 2 November and return to work.…
London market adopts a more hands-on approach - 21/04/09
The world trade downturn has highlighted the different ways of doing business in the main insurance centres, but is also bringing some of the approaches…
Tide turning against cheap yard deals for shipowners - 01/04/09
Shipping insiders are warning the sweet repair deals owners can secure from work-hungry yards can turn sour through credit risk and lax supervision. Shipping insiders…
Kalimbassieris says cargo claims for some items are set to soar - 02/02/2009
As the global economic slump has hit shipping, with much of the debate having centred on the impact of falling freight rates, one consultant believes it…
Slump in Steel Price Expected to Lead to Rising Cargo Claims - 28/11/2008
Alert for a potential rise in steel cargo claims as a result of falling steel prices. Commodity prices in general are dropping and we have seen…
Dearth of repair yards driving up claims costs - 22/04/2008
A worldwide repair yard capacity crunch is driving up the cost of hull claims, and one leading Greek consultancy says the shortage is now having…
Greek firms forge closer links with insurers - 15/11/2007
At home and abroad, the profile of the Greek shipping market is higher than it has been at any time since the mid-1970s, and this…