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  • Allianz shuttering underwriting centres in US and Asia

    Allianz Global and Corporate Specialty (AGCS) will no longer underwrite hull and marine liability insurance in North American and Asia. The German insurance giant announced Wednesday that it will consolidate domestic and international marine underwriting in London, Paris and Hamburg to improve profitability and "consolidate expertise at the scale that is needed to service customers effectively."

    Insurance  tradewindsnews.com 2 hours old Matt Coyne and Adam Corbett

    Diamond S fails to sparkle on MR disappointments

    Craig Stevenson-led owner reports better suezmax rates for current quarter after earnings miss.

    Finance  tradewindsnews.com 2 hours old Joe Brady

    Dutch salvor brought in to refloat grounded Indian tanker

    Marine Masters awarded contract to salvage stricken Elektrans vessel

    Tankers  tradewindsnews.com 4 hours old Gary Dixon

    Global Ship Lease plans senior notes refinancing

    The boxship lessor has not wasted any time in kicking off its fundraising after filing a $500m shelf registration three weeks ago

    Finance  tradewindsnews.com 5 hours old Holly Birkett

    Industry group raises concerns over VLCC designs

    IMO called on to reassess newbuilding efficiency regulations for largest class of tankers

    NEWS  tradewindsnews.com 5 hours old Adam Corbett

    Yangzijiang confirms 11 orders worth $487m in second half of 2019

    Chinese shipbuilder says bulker deals take orderbook to $3.18bn

    Finance  tradewindsnews.com 5 hours old Gary Dixon

    JL Mowinckels buys stake in Japanese-built supramax

    Norwegian shipowner becomes commercial manager with large minority stake

    NEWS  tradewindsnews.com 5 hours old Trond Lillestolen

    Finland's Gasum buys Linde's LNG assets as it expands business

    Company snaps up liquefaction plant, two terminals and a pair of LNG bunker vessels

    Gas  tradewindsnews.com 6 hours old Lucy Hine

    'Moderate' threat to vessels as Mexican cartels vie for control

    Dryad Global reveals background to shocking attack on Italian PSV this week

    Offshore  tradewindsnews.com 6 hours old Gary Dixon

    Seabury Maritime and Lloyd's Register team up on finance advice

    Seabury Maritime and Lloyd's Register (LR) are joining forces to provide financial risk assessments for owners. The US advisory firm and the UK classification society said they had formed a strategic partnership to look at operating and capital expenses. The partners will leverage their global capabilities, "vast market knowledge", and extensive networks to build a platform to help shipowners an

    Finance  tradewindsnews.com 6 hours old Gary Dixon