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The Impact of sanctions on insurance policies

The impact of sanctions on insurance policies

Against the backdrop of the war in Ukraine, this advisory is intended to provide our customers with a brief roundup update on developments we have seen in the insurance rules and policy coverages of P&I clubs in response to the heightened environment surrounding sanctions.
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PortLog and Veson’s partnership for dry bulk

We are excited to announce that PortLog’s time-in-port and cost data is now available in VIP. The integration between PortLog and VIP for dry bulk customers brings PortLog’s exclusive data straight into the heart of the Veson IMOS Platform (VIP), available in the notification pane of the voyage estimator.
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How to obtain discounts and rebates on port call costs

15% of voyage expenses can be taken up by port call related costs, therefore having reliable numbers and knowing how these costs are derived is extremely important for decision-making. The cost of calling at a port needs to be as accurate as possible for the chartering team to calculate voyage expenses. How much costs can change depends on different variables which, if carefully assessed, support the risk analysis in taking cargo or not.
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Bourbon implements MarTrust’s E-Wallet solution

MarTrust announced that Bourbon Marine Services Greenmar has chosen MarTrust’s E-Wallet solution to digitally transform the way it manages crew payments. Bourbon Marine Services Greenmar is the manning affiliate of the Bourbon Group, one of the world’s leading offshore marine services companies
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Marcura secures growth investment

We are excited to be partnering with Marlin Equity Partners to further invest in our existing platforms and services and accelerate our solution expansion. Marlin is a global investment firm that specialises in investing in international software- and platform focused companies.
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Reduce your AFC compliance risks in shipping

The maritime industry faces some tough anti-financial crime compliance challenges, including the need to keep up-to-date with potentially thousands of agents around the world, having multiple voyage-associated parties across various jurisdictions and facing the opaque ownership of ships and assets.
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