Marine Insurance

 

Increasing engine damage caused by catalyst fines

Last month a briefing to underwriters in London covered the increasing incidence of severe engine damage. The drive towards low sulfur fuels is causing fuel refining processes to change, some of which result in below standard HFO being delivered to ships. A higher presence of particles called catalyst fines is precipitating very costly engine damage. Cat fines have always been present in bunker oils and standard ISO 8217 (2005) permits up to 80 ppm, but the problem is that more than 15 – 20 ppm already causes damage to engine parts. The components most at risk to accelerated wear are: the fuel pump, piston rings and cylinder liners. Sadly the prognosis is that with the increasing demand for low sulfur fuel, engine failures are going to increase. Until fuel standards improve a 100 per cent fuel management policy to purify the fuel is the only guarantee to avoid these problems.

Nathaniel Bowditch (1773-1838)

Nathaniel Bowditch (1773-1838)
Mathematician, astronomer, and author of the “New American Practical Navigator”

Winterizing Steps You Need to Take from BoatU.S. Insurance

Fall is here, and winter is fast approaching. You know what that means; time to start winterizing your boat! Winter weather wreaks havoc on a boat not adequately prepared for hibernation.

Mansuy, 2010’s Best Lawyers in America

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Christopher H. Mansuy, Esq., member of Carroll McNulty & Kull LLC (CMK) has been named one of 2010’s The Best Lawyers in America in the specialty of maritime law by his peers.

Ocean Marine Insurance Responds to Challenges

The U.S. Ocean Marine insurance industry has been hard hit by the economic crisis at a time when its structure, traditions and culture are facing challenges,

Champions of Maritime Excellence

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Companies, organisations and individuals that have championed high standards and quality in shipping issues have been honoured in the annual Seatrade Middle East and Indian Subcontinent Awards.

Piracy Expected to Rise as Monsoons End

Operators of vessels off the East coast of Africa are being warned by a leading insurance expert to prepare for an increase in pirate attacks after the southwestern monsoon ends in coming weeks.
 

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