Marine Reinsurance Firms Expect Giant Suez Blockage Claims
by Carolyn Cohn (Reuters) – The recent blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers,...
In these photos the M/V Beaumont, a British-flagged cargo ship, is seen grounded along a rocky cliff at the beach of Xago near Aviles in northern Spain, December 12, 2012. The ship ran aground early on Wednesday and has already been refloated.
The 3,800 DWT ship is owned and operated by Faversham Ships of Great Britain.
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