‘Unsettling exposure’: Reinsurers face fi re after pulling P&I Red Seacover
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P&I Renewal Outlook / Feb 2024
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Franco Risi, Atlantic Award for the Master’s Degree in Business and Maritime Law from IME-ICADE
As a result of the collaboration agreement signed last April between Atlantic and the Spanish Maritime Institute, the delivery of the Atlantic Award was held at the Museo del Traje in Madrid, which fosters academic excellence and promotes specialization in the sector. Franco Risi received the award, which consists of a trip to London, spending [...]
The “Camino de Santiago” aboard the Malaika
By Javier Soriano The sea has always posed a generous source of resources for the mankind and an ideal means connecting individuals and communities; firstly at a local scale and later communicating individuals and interests all over the world, cementing, thus, the global society we live in. Parallel to the wake of the industrial age, [...]
Atlantic’s commitment to sustainability, generational knowledge transfer and education
Atlantic is committed to sustainability, generational knowledge transfer and education in the shipping and insurance sector, as evidenced by its participation in the eighth edition of the sailing pilgrimage to Santiago. One of Atlantic’s main objectives for 2023 is its contribution to sustainability and generational knowledge transfer in the sector, which this year is dedicated to [...]
Atlantic presents the “Atlantic Award for the Best Academic Achievement” of the IME-ICADE Master’s Degree
The company commits further in its drive to “training excellence”. Richard Adler, Chief Commercial Officer of Atlantic, attended a meeting with the students of the 39th edition of the Master’s Degree in Business and Maritime Law, developed by the IME in collaboration with the Universidad Pontificia Comillas of Madrid, on 20 April. The aim of [...]
Atlantic signs a collaboration framework agreement with the Spanish Maritime Institute
We are delighted to announce that we have signed a collaboration framework agreement with the Spanish Maritime Institute (IME). IME is the pioneer and leading institution in maritime training, which develops different specialization programs, among which the renowned Master in Business and Maritime Law stands out, which it has taught since 1984 in collaboration with [...]
February 2023 P&I Renewal – General increase announcements
Atlantic summarizes the 13 Clubs general increase announcements. Download PDF
Mid-term P&I Review 2022
If you read our last year’s P&I Review and are now reading this year’s report you will quickly notice how different things have become in only 12 months’ time. Matter of fact it wouldn’t be an overstatement to say we are living in a different world altogether! Read more >> Download PDF
The Russian Invasion of Ukraine: Marine insurance implications
By MARIA VIDAL. 02/03/2022 The Russian invasion of the Ukraine – nothing short of a human tragedy – doubtlessly has a huge impact on international trade and shipping. The closure of the Ukrainian ports in the Black Sea and the Sea of Azov will have multiple consequences on the flow of goods and commodities, especially [...]
How Mental Health & Wellbeing ensures better lives, safety and protects the environment
By Rafael Ageo The work of a seafarer is described - according to the International Maritime Health Association (IMHA) - as one of the most physically demanding and high-risk professions that exist. “Health” is defined by the World Health Organisation (WHO) as “a state of complete physical, mental, and social well-being and not merely the [...]
P&I Renewal February 2022 – The sword of Damocles
By Richard Adler. This year´s P&I renewal was always going to be challenging: the Clubs trumpeted the need for sharp rises as well as their concern about record-high pool claims months before their board meetings in autumn, XS loss reinsurance increases were ducked the previous year and therefore came down hard on shipowners in December [...]
P&I Renewal February 2022
Atlantic summarizes the 13 Clubs general increase announcements. Download PDF
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 [...]
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. [...]
Mid-term P&I Review 2021
Between May and July, the 13 Clubs of the International Group have gradually released their financial results and we therefore felt the need to take a closer look at the current state of affairs with the P&I market and offer a prelude of the forthcoming renewal season. Read More >> Download PDF
Alternative Fuels: What are the options?
The purpose of this second paper is to briefly discuss one of the main routes to achieve decarbonization: the use of alternative fuels which can be defined as advanced fuels that are derived from sources other than petroleum or from renewable energy. Nowadays, there is a variety of alternative fuel types available for the shipping [...]
Why is Green Shipping such a relevant issue now? Why has Green Shipping moved up onto everyone’s agenda?
Increasingly, all stakeholders in the shipping industry are realizing the necessity to become more sustainable. There are several reasons for that: political and financial reasons, new environmental legislation, an unquestionable necessity to reduce the emission of greenhouse gases (GHG) in order to combat climate change and preserve the environment, and so on. However, what does [...]
Atlantic will demystify “Green Shipping” by publishing a series of insightful papers on the subject in the coming weeks
Green Shipping – why has decarbonization raced to the top of everyone´s agenda? What are the drivers, fuel options and challenges? Watch out for Dolores Mirmi´s insights on LinkedIn and here on our webpage
The Colonial Pipeline cyber attack has triggered increased interest in cyber insurance policies
The Colonial Pipeline cyber-attack has sparked fresh interest in insurance cover amid concern shipping companies and individual ships could be next in line. The incident follows a reported increase in cyber-attacks on the operating systems of shipping companies in recent years. Thomas Brown, chief executive at cyber insurance policy provider Shoreline, said: “Shipping companies are [...]
Why should cybersecurity be on everyone’s mind?
Information has become a critical asset in all types of corporations including the maritime industry. Protection against potential cyber threats to ships is nowadays essential in an environment where information is highly vulnerable to premeditated attacks. In recent years, there have been many cyber-attacks examples like the virus which affected Maersk causing congestion in several [...]
Big data could play key role in reducing ship casualties
INTERVIEW WITH RICHARD ADLER – TRADE WINDS / BUSINESS FOCUS “Deeper analysis is required to help insurers and their shipowner clients keep control of accidents”, says broker Coronavirus does not appear to have played a major role in this year’s ship casualties, despite concerns that fatigued crew members could lead to more accidents. Only two [...]
Live webinar: Navigating Latin America
Live webinar (10th December 2020) PDF Download: UK-webinar-Lat-Am-emailer