PRESS RELEASE   Specialised marine liability insurer Portside Insurance Management Services ‘PIMS’, backed by Torus UK, will increase the standard limit of cover that it can offer to US$10 million in a move that also sees the underlying security change from Torus UK to being 100% underwritten by certain Underwriters at Lloyd’s, led by Torus syndicate 1301. As part of…

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E-Bulletin – February 2013 Syria Update With thanks to Rony Dergham of Elias Marine Consultants Ltd., Limassol, Cyprus (r.dergham@eliasmarine.com) for the update on port conditions in Syria. All Syrian Ports are operational but the situation is changing (adversely). However, in general, the Lattakia and Tartous ports are still operating normally. There are vessels presently at Lattakia and in Tartous for…

  Australian Personal Property Security: Out with the old and in with the new. Some logistics and supply chain ramifications. By Derek Luxford, Partner, Transport Trade and Energy Group, Hicksons derek.luxford@hicksons.com.au If you are a supplier of goods under a contract containing a retention of title clause have you registered it? If you are a logistics operator with a contractual…