P&I clubs are right to keep a tight grip on $5.5bn cash reserves

Broker hits back at Marsh Specialty's view that protection and indemnity mutual should use their reserves to soak up losses — rather than impose general increases THIS ARTICLE WAS ORIGINALLY PUBLISHED HERE By Richard Adler in London / https://www.tradewindsnews.com/ At a recent virtual protection and indemnity conference, a broker urged senior club executives to free shipowners from [...]

By |2021-09-15T13:17:17+00:0015/09/2021|

Green Finance and Shipping

As has been widely reported in the press, the IMO’s declared target is to curb global greenhouse gas emissions from Shipping by at least 50% by 2050. Banks and financial institutions are conscious of this challenge, and they have realized that they must embrace environmental friendly projects and do their part to make shipping greener. [...]

By |2021-09-07T07:20:31+00:0007/09/2021|
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