Marine Insurance P&I Club News Archive

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Steamship Mutual: 2022/23 Financial Year Highlights

• As at 20 February 2023, Free Reserves stood at US$454 million, from US$473 million at the same time last year, in excess of the S&P AAA rating level.• The financial year combined ratio improved from 112.7% to 95.4%.• Owned tonnage

Stockholm Norvik Port to Become Logistics Node for Carbon Capture and Storage

The “Swedish Energy Agency” has agreed to provide funding for a feasibility study to examine establishing a logistics node for captured carbon dioxide at STOCKHOLM NORVIK PORT. Known as the “Norvik Infrastructure CCS East Sweden” (NICE) initiative, its objective is to

Anglo-Eastern India seafarer recruitment license suspended

India’s Directorate General of Shipping, the national regulator of the industry, lists the RPSL of Anglo-Eastern Ship Management (India) Private Limited as suspended from 1 June 2023 through to 31 May 2026. According to a report in the Economic Times the