Comments on: Links for 2008-04-14 http://www.imcbrokers.com/blog/2008/04/14/links-for-2008-04-14/ IMC Brokers specialises in towage, chartering, sale and purchase, heavy lift transport and consultancy services to the offshore industry Thu, 20 Nov 2008 11:02:27 +0000 http://wordpress.org/?v=2.6.3 By: J http://www.imcbrokers.com/blog/2008/04/14/links-for-2008-04-14/#comment-7579 J Sat, 26 Apr 2008 21:59:03 +0000 http://www.imcbrokers.com/blog/2008/04/14/links-for-2008-04-14/#comment-7579 Tell me about it. I just finished my insurance renewals and insurance clubs are seeing red. Although the frequency of claims is quite stable, the costs on the other hand has zoomed up. Blame it on the high shipping market. Who am I kidding, I have a job because of the waves in the market. From the insurance point of view, high market = pressure on the ships and there are a lot more older ladies out and less scrappings. Shipowners (in general) on insurance renewals would find themselves as being a hypocrite - trying to get down premiums while the alter egos are counting money like Scrooge McDuck. Tell me about it. I just finished my insurance renewals and insurance clubs are seeing red. Although the frequency of claims is quite stable, the costs on the other hand has zoomed up.

Blame it on the high shipping market. Who am I kidding, I have a job because of the waves in the market.

From the insurance point of view, high market = pressure on the ships and there are a lot more older ladies out and less scrappings.

Shipowners (in general) on insurance renewals would find themselves as being a hypocrite - trying to get down premiums while the alter egos are counting money like Scrooge McDuck.

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