Category: Marine


Summer Newsletter 2021
August 13, 2021

Summer Newsletter 2021

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Welcome to our summer newsletter 2021!   The Insurance Market   While the rollout of a Covid-19 vaccine and the slow return to normality in 2021 has buoyed society & the market, there will still be challenges as the economy recovers from the deepest recession in modern history.     In the insurance sector, many…

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Vessel accidents have increased, are you prepared?
July 15, 2021

Vessel accidents have increased, are you prepared?

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Vessel accidents have increased, are you prepared? It is  estimated that 3,000 containers have been lost at sea over the past few months alone. Compared to the 1,382 containers on average lost per year between 2008-2019, as reported by The World Shipping Council, that’s a big jump. What’s the reason for it?   Why are…

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Marine Cargo – ‘Ever Given’ Suez Canal blockage impact
April 2, 2021

Marine Cargo – ‘Ever Given’ Suez Canal blockage impact

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Marine Cargo – ‘Ever Given’ Suez Canal blockage All customers with cargo onboard must contribute to the costs of the recovery and salvage costs to the Ever Given. If you have an Ascend Cargo insurance policy then this will be covered under the General Average extension – if you do not have marine insurance you…

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Managing cargo risk during the COVID-19 outbreak
May 2, 2020

Managing cargo risk during the COVID-19 outbreak

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Keep on moving; managing cargo risk during the COVID-19 outbreak The impact of the COVID-19 virus and the measures put in place by governments and authorities to try to combat its spread are affecting all types of businesses across the whole world. In these times, the protection of health, safety and lives is paramount. While…

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