Joint Hull Committee to issue a new clause covering the use of electronically driven equipment rated at above 100Wh. In recent years there has been a growing number of marine incidents involving lithium battery fires, resulting in the total losses of yachts, superyachts and other craft.
The Joint Hull Committee, founded in 1910, is the oldest Joint Committee. It comprises underwriting representatives from both the Lloyd’s and International Underwriting Association (IUA) company markets. It represents the interests of those who write marine hull business in the London market and it works through a number of sub-committees, principally Navigating Limits and Risk Assessment. Continue reading “Joint Hull Committee issues new clause in wake of lithium battery incidents”
The American Bureau of Shipping has published the January 2024 Edition of Guide for Performance Standards for Corrosion Protection.
Managers of the two vessels involved in a fatal crew transfer ladder accident off Brisbane, Australia, had not ensured personnel had a common and complete understanding of how the transfer would be conducted, an Australian Transport Safety Bureau (
A new initiative was rolled out and launched in September by Chubb. A new Lloyd’s of London consortium has been created (which Chubb will lead) that is designed to provide insurance coverage for risks associated with the transit and storage of lithium battery.
Using an ambitious but feasible set of actions, a new report concludes that ammonia-powered vessels will not only be commercially viable but with an aggressive path and broad use of subsidies could be possible as early as 2026. The new analysis from the Global Maritime Forum is the second phase of a project focusing on a first-of-its-kind ammonia-powered gas carrier and reiterates the research’s strong support for ammonia saying they believe the cost gap between operating ships on zero-emission ammonia and conventional fuel could be closed before 2030. 