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Nordic Marine 2024 : UPDATE !

Nordic Marine 2024 : UPDATE ! 12 Years Of Stretching Boundaries and transforming standards In 2022 we provided an outline of our journey since 2012, when Nordic Marine was created by a team of three. In 2022, from zero ships, we insured “…over 1200 ships for close to 100 clients…”, and proudly

By |2024-10-29T12:15:39+01:00October 27th, 2024|News & Insight, News & More|0 Comments

Compliance / Regulatory Update on Per-Voyage Attestation Requirement

Compliance / Regulatory Update on Per-Voyage Attestation Requirement - Applicable From 19 February 2024 The G7 price cap coalition has published an update on the application of the price cap rules. The rules have taken effect on 19 February 2024 (UK and US) and for cargoes loaded on

By |2024-07-17T11:00:46+02:00July 16th, 2024|News, News & Insight|0 Comments

Joint venture agreement with SiriusPoint

Nordic Marine Ltd (Nordic) - Joint venture agreement with SiriusPoint New partnership ! The Nordic team is very pleased to announce that Nordic and SiriusPoint have concluded a partnership according to which SiriusPoint, through their Stockholm office as SiriusPoint International’s MGA Centre of Excellence, will provide additional insurance capacity to Nordic on

By |2024-01-09T10:49:18+01:00September 20th, 2023|News, News & Insight|0 Comments

Loss of Earnings with 7 days deductible is back!

Loss of Earnings with 7 days deductible is back! 14/90/90 at 2.00% or 7/97/97 at 2.40% ... Should that be a question? Let me expand on the background that has led to the somewhat provocative question I am asking. For the last 25-30 years, ship owners have been buying conventional LoH

By |2024-07-17T16:36:35+02:00July 12th, 2023|News, News & Insight|0 Comments

Ten years of stretching boundaries

Nordic Marine 2022 : Ten years of stretching boundaries Dear Colleagues, Clients, Broker friends and other Business Associates, As we look back on the past 12 months and prepare for the coming year, we can only have a feeling of pride and humility, as 2022 marked Nordic Marine’s 10th Anniversary… and

By |2024-10-29T09:35:11+01:00March 27th, 2023|Archives, News|0 Comments

Accidental (minor?) grounding…

Accidental (minor?) grounding… A New York-listed MR tanker owner posted a sizeable loss in the first quarter of 2022, mainly because of the accidental grounding of one of their tankers and the consequent loss of her earnings for more than 40 days. combined with higher operational costs, lower average rates

By |2024-08-15T10:12:17+02:00February 2nd, 2023|Nordic Irregular Blog|0 Comments

War, civil war… act of piracy…

War, civil war… act of piracy… kidnap and ransom… abduction of persons on board… An offshore support vessel was boarded by armed pirates in the Gulf of Mexico and crew and staff took shelter to avoid kidnapping. The pirates, frustrated, looted the ship and took many autonomous breath devices, communications’ equipment

By |2024-08-15T10:12:50+02:00January 12th, 2023|Nordic Irregular Blog|0 Comments

Collision, Grounding, stranding, contact with any fixed or floating object…

Collision, Grounding, stranding, contact with any fixed or floating object… During a mooring manoeuvre, a water tanker struck a berthed general cargo ship. Although the tanker sustained little or no damages following the contact, the other ship sustained hull breaches in fuel tank area, and an oil leak was reported.

By |2024-08-15T10:13:28+02:00December 20th, 2022|Nordic Irregular Blog|0 Comments

“Tit for tat” (suite) … still not funny

“Tit for tat” (suite) … still not funny Following Iran’s confiscation of two Greek owned tankers as retaliation to seizure by Greek authorities of a Russia-flagged Suezmax tanker in Greek waters, Greece’s shipping ministry has advised the country’s ships to avoid Iranian territorial waters when crossing the Persian Gulf, Strait of

By |2024-08-15T10:13:42+02:00December 20th, 2022|Nordic Irregular Blog|0 Comments

“Tit for tat” … but not funny (first)

“Tit for tat” ... but not funny (first) In retaliation to the confiscation of an Iran flagged tanker by US and Greek authorities, Iran boarded and seized two Greek crude oil tankers in the Persian Gulf, for alleged violation of maritime regulations. No specific details were mentioned in the various media.

By |2024-08-15T10:13:21+02:00December 20th, 2022|Nordic Irregular Blog|0 Comments
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