RaetsMarine is capable of offering all marine insurances – P&I, liability and property – which is placing RaetsMarine in a ‘one stop’ position for marine insurances. RaetsMarine will remain a niche player and specialist delivering their clients an unraveled service level through tailor-made insurance packages and in house claims services. We resist clients who by reason of their size believe they are in a position to impose terms.
RaetsMarine is MORE than an insurer delivering insurance capacity. We deliver MORE service, MORE knowledge of the clients’ business and MORE tailor-made solutions. The best may not come at the lowest price, however, we will not spoil your appetite with the wrong quality. What MORE can you expect?
Please visit our web site at www.RaetsMarine.com for more information or contact us directly by phone or email. We will exceed your expectation, and even MORE.
Many fascinating changes will take place from January onwards. The new RaetsMarine approach goes beyond P&I and will be able to offer clients complete marine insurances products in a tailor-made setting. The whole promising Raets story, including Chairman Martin Lanting's comments is available by clicking on the pdf file.
Published on: Wednesday 26th of November 2008 19:48
Many fascinating changes will take place from January onwards. The new RaetsMarine approach goes beyond P&I and will be able to offer clients complete marine insurances products in a tailor-made setting. The whole promising Raets story, including Chairman Martin Lanting's comments is available by clicking on the pdf file.
After 15 years of building Raets as a niche player and specialist in marine liability insurances at fixed premiums, the time has come to move to new premises.
Following the decision of the Court of Appeal in Golden Fleece Maritime & another v ST Shipping, "ELLI" & "FRIXOS" [2008] EWCA Civ 584 in which Ben Knowles (partner), Ed Mills-Webb and Sam Atkinson of Clyde & Co LLP acted for the successful Respondent charterers (see previous update of 23 May 2008), the House of Lords has now rejected Owners' application for leave to appeal.
Somali pirates have captured the Sirius Star, a fully laden Saudi supertanker far off east Africa, seizing the biggest vessel ever hijacked with a cargo of oil worth over $100 million in an attack that pushed world crude prices higher.
The U.S. Fifth Fleet said the Sirius Star was being taken to the pirate haven of Eyl, in northern Somalia, on Monday.
Shipping officials from around the world called today for a military blockade along Somalia's coast to intercept pirate vessels heading out to sea. Yemen's government said Somali pirates have seized another ship.
Peter Swift, managing director of the International Association of Independent Tanker Owners, said stronger naval action - including aerial and aviation support - is necessary to battle rampant piracy in the Gulf of Aden near Somalia.
Alan J. Cross, Marsh: "We have accessed the services of the Raets Insurance Group for approximately 14 of the 15 years they been in operation. Raets have grown steadily over this period expanding into different insurance classes. We have a good relationship with the Raets-people and the locality to our offices in London and Norwich makes accessibility to Rotterdam relatively straight forward.
The Singapore Shipping Association yesterday took a bold step to try and retain staff through collaborating with the Singapore Industrial and Service Employees' Union by announcing new training schemes and financial incentives for companies and staff in the shipping industry.
The association has been appointed the first Continuing Education and Training Centre in the maritime industry, and Singapore's 43rd CET by the Workforce Development Agency. This enables Singaporeans and permanent residents attending SSA-run courses to get the WDA's Skills Programme for Upgrading and Resilience course fee subsidies of up to 90 per cent and absenteeism payroll reimbursements of up to $6.80 an hour for employers.
Teledata Marine Solutions, a marine and logistics IT Provider based in Singapore, hopes to bring its expertise ashore to meet the needs of the underserved Asian freight forwarding and land transport market.
The company hopes to use its newly launched Transport Manager suite of software to make inroads into the land and multi-modal transportation sectors. 'We see the 800 or so freight forwarding companies in Singapore alone as a good starting point,' said product sales and marketing director Laura Tanner.
Israel's Harel Insurance Investments said in Jerusalem on Wednesday it forged a reinsurance agreement with a unit of the Berkshire Hathaway Insurance Group. AAA-rated National Indemnity will insure 20 percent of Harel's general insurance retention, Harel said. The deal is effective Jan. 1 and will last initially for two years.
Many people are feared dead after a ferry carrying more than 260 passengers and crew sank in stormy seas off Indonesia's Sulawesi island on Sunday.
The Teratai Prima was about 50km off Majene, western Sulawesi, when authorities lost contact.
Indonesian transport minister Jusman Syafii Djamal believed about 150 people had been found alive but fears were mounting for 100 others who remained lost at sea.
The ferry, with 250 passengers on board, was hit by a cyclone. This is based on the account of the ferry's captain, who was rescued alive by fishermen late this afternoon.
