Marine Insurance News

WikiCommons/Illustration by Samuel Atkins

Has Captain Cook’s Ship Endeavour Been Found?

originally looked like.A replica of the Endeavour. (Photo: Australian National Maritime Museum) Sifting through historical recordsThen we move onto historical research, analyzing records of all ships lost in that general area.We may draw on newspaper reports from the time, salvage records and marine insurance claims. Indeed, marine insurance was the original insurance because shipwreck was once so common and so costly.We might look for court records to see if there was a dispute about the disposal of shipwreck material in that area at some point.Historical attempts to salvage valuable material may

© sdecoret / Adobe Stock

All Eyes on Ireland

.    Conversely, it may also present opportunities for Ireland. For example, Ireland’s existing reputation in international financial services may prove attractive to businesses involved in maritime commerce wishing to continue to avail of EU passport rights for ship finance and marine insurance services. Ireland has also established itself as a leader in aircraft leasing, an expertise that is transferable to ship leasing. There is also potential for the country to become more successful in attracting other new supply chains in the post-Brexit European marketplace as buyers seek to

Faulkner Joins Braemar SA as Manager

than a year ago as part of its strategy to grow marine consultancy capability. Operating through a global network of offices, Braemar SA is a leading provider of hull & machinery damage surveys, general marine surveys, risk management services and marine consultancy services to the shipping, marine insurance, maritime law and offshore energy industries. The Company is a part of the Braemar Shipping Services plc group of companies and a member of the Technical Services Division.  

MV Argo Merchant was a Liberian-flagged oil tanker that ran aground and sank southeast of Nantucket Island, Mass., on Dec. 15, 1976, causing one of the largest marine oil spills in history. U.S. Coast Guard Archives

Disasters at Sea & Their Impact on Shipping Regulation

and debate, IMO acceptance and individual government approvals, followed by typically phased-in enactment, the process works. Figures from multiple sources, including the “Safety and Shipping 1912-2012” report from Allianz Global Corporate & Specialty, the International Union of Marine Insurance, and the 2012 report, “15 Years of Shipping Accidents : A Review for WWF,” from Southampton Solent University,  show that the incidence of Marine accidents is significantly down, and has been trending down for some time now.  A Little Bit of that Human Touch Looking

Devon Grennan

Grennan to Head Global Diving & Salvage

of Washington in 1995. He has served on the Board of Directors of the Seattle Chapter of the Propeller Club, Board of Directors for North Pacific Fishing Vessel Owners Association and the Spill Control Association of America. He has been involved with the American Salvage Association as well as the Marine Insurance Association of Seattle. gdiving.com  

Braemar Launches New Salvage Support Operation

Incident response and environmental clean-up specialist Braemar Howells and its sister company Braemar (Incorporating The Salvage Association) are to work together to provide a 24-hour global response capability to the world’s shipping and marine insurance sectors. In what is being seen as a key development in the expansion of Braemar’s Technical Services (BTS) division, both companies have formed Braemar Marine Salvage Support Services which will provide on-site distressed cargo management and salvage support services to salvors, owners and insurers, together with additional expert

Braemar Launch Global 24-hour Response Marine Salvage Support

launch new salvage support operation Incident response and  environmental clean-up specialist Braemar Howells and its sister company Braemar (Incorporating The Salvage Association) are to work together to provide a 24-hour global response capability to the world’s shipping and marine insurance sectors. In what is being seen as a key development in the expansion of Braemar’s Technical Services (BTS) division, both companies have formed Braemar Marine Salvage Support Services which will provide on-site distressed cargo management and salvage support services to salvors, owners

In this edition MTR explores the drivers for subsea exploration in 2025 and beyond
Read the Magazine Sponsored by

Subsea Megatrends for 2025 and Beyond

Marine Technology Magazine Cover Mar 2025 -

Marine Technology Reporter is the world's largest audited subsea industry publication serving the offshore energy, subsea defense and scientific communities.

Subscribe
Marine Technology ENews subscription

Marine Technology ENews is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for MTR E-news