Issue 58 | 6 December
NorthStandard
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Welcome to the latest edition of New Horizons.
We begin with updates on Insights & Resources, including our regular coverage of maritime-related risks, notices on upcoming fine tariffs, and essential port operation guidance. Additionally, cargo experts Brookes Bell report that coal from East Coast ports is emitting methane at an unusually high rate - for more information on Cargo, please refer to our Cargo Carriage of Care Checklist here 📑
In renewal news, we’re pleased to announce that the renewal publication for Sunderland Marine (part of the NorthStandard group) was released on 2 December. We also include a reminder about the Coastal & Inland 2025 renewal towards the end of this newsletter.
Finally, there’s an office update: our Greek team has relocated to their new premises at Piraeus Tower. Plus, don’t miss out on the many NorthStandard events available for registration or review.
Industry News | China: Correspondents’ advice on maritime-related risks | 6 December 📑
Industry News | Turkiye issues pollution fines tariff for 2024 | 6 December 📑
Industry News | Haiti – Civil Unrest Affecting Port Operations | 5 December 📑
Industry News | Ship store list declaration at Argentine Customs | 5 December 📑
Industry News | Israel - Hamas War: Impact on shipping | 5 December 📑
Industry News | Caution with East Coast Coal | 4 December 📑
Read all news from NorthStandard here 💡
December 2024 Renewal Publication - Sunderland Marine, part of the NorthStandard Group
We are pleased to share the latest publication “December 2024 Renewal” where we hear from Craig McBurnie, Head of Sunderland Marine, on the challenges facing vessel owners, geopolitical issues, and our commitment to our policyholders as these challenges evolve.
Coastal & Inland Renewal 2025
The Committee reviewed the release calls for the open policy years 2022/23, 2023/24 and 2024/25, and confirmed that all will remain at nil. No call is expected in addition to the Estimated Total Premium (ETP) for all open policy years. This is the 46th year that this has been the case.
Pre-Renewal Report 2025
NorthStandard’s Pre-Renewal Report looks ahead to the 2025 renewal and sets out the club’s robust financial position. With unpredictable factors driving higher marine claims costs, it is in these challenging circumstances that shipping has most need of its best P&I providers. NorthStandard’s expanded scale, service reach and investments underscore the club’s resilience to an uncertain and changing world.
NorthStandard is pleased to announce that, as of 28th November, our Greek office has changed location to:
Piraeus Tower
15th Floor
2 Akti Posidonos Street
18531, Piraeus
Greece.
Please be sure to refer to this new address in any relevant communications and documentation moving forward.
Along with the address, our new Greek general office number is: +30 210 4283038.
All other contact details, including the mobile numbers of the Greece office team, remain the same.
View our contacts in Greece here ☎️
Raising Awareness on International Day of People with Disabilities (IDPD), 3 December 2024
Presentation and Q&A with Tokio Marine & Nichido Fire Insurance Co
Shaping the future of navigation with S-100 - Recording coming soon...
Best Claims Outcomes Skills Workshops at our Newcastle Office
Follow along on LinkedIn to keep up to date with our activity and updates 🌐
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We hope you enjoyed reading this week's issue.