Reports & Events

Sanctioned Superyachts
Marine

Sanctions Update: Superyachts

A wide range of sanctions has been issued following the recent invasion of Ukraine by Russia Individuals with ties to the Russian regime are being added to EU and OFAC sanctions lists. Their assets are being frozen or are in the process of being frozen.

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Tornado Outbreak
Severe Weather

Tornado Outbreak, December 10–11, 2021

The 2021 Hurricane season is officially over, but extreme weather can still manifest in the way of tornadoes for the Southern US.
Although both have a similar structure and are characterized by extremely strong horizontal winds swirling around the centre, tornadoes are “small-scale circulations” not exceeding more than one mile in diameter.
A tornado is a violently rotating column of air in contact with the cloud base and the ground, often visible as a funnel cloud

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Algae Bloom
Environment

Harmful Algae Blooms – Scottish Island of Gigha

Harmful algae blooms (HABs) present a problem for marine ecosystems, associated industries and societies across the world. Global ocean warming and increasing acidification, both driven by climate change, create increased risk of harmful algal bloom events in many places in the world.

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Environment

California Oil Spill

On the evening of October 2nd, 2021 Beta Offshore reported a crude oil release near its pipeline, initially estimated to be more than 144,000 gallons. Beta Offshore, a subsidiary of Amplify Energy, operates 3 platforms installed in 1981 in the federal waters of San Pedro Bay, connected to Beta Pump Station in Long Beach via a 17.7 miles long pipeline.

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Marine

Los Angeles Port Congestion

Los Angeles port is the largest and busiest port in the Western Hemisphere, handling more than 9 million TEU containers each year. It is the 7th largest port in the World.

A record number of container ships have been waiting in the waters outside the ports of Los Angeles and Long Beach to unload cargo. The bottleneck results from a shortage of trucks and drivers to pick up goods and overwhelming demand for imported consumer products.

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Severe Weather

Hurricane Ida

The ninth named storm, the fourth hurricane, and second major hurricane of the 2021 hurricane season, Ida, has explosively intensified after entering the Gulf of Mexico on August 27th.

Hurricane Ida doubled in less than 24 hrs from 70 mph winds to 150 mph winds and landed near Port Fourchon as a Category 4 hurricane.

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Entrance to the Suez Canal
Marine

Grounding of EVERGIVEN

On March 23rd, the 400m long ULCV (Ultra Large Container Vessel) was 5th in the North-bound convoy of 25 ships when the ship ran aground at Km 151 the Suez Canal, completely blocking traffic in both directions. Smit Salvage and local authorities engaged dredgers, excavators and tugs to assist in dislodging the vessel. At 1305 UTC on March 29th, Skytek’s REACT system captures the “Ever Given” being re-floated with the assistance of the 14 tugs and proceeding slowly under its own power to Great Bitter Lake for underwater inspection and damage assessment.

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Beirut Port Disaster
Catastrophe

Beirut Port Disaster

On 4th August 2020, a large amount of ammonium nitrate stored at the port of Beirut, the capital of Lebanon, exploded. Due to the mobile nature of vessels and cargo at ports, insurance companies had little insight into their potential exposure at the time of the catastrophic event.

On 4th August 2020, a large amount of ammonium nitrate stored at the port of Beirut, the capital of Lebanon, exploded. Due to the mobile nature of vessels and cargo at ports, insurance companies had little insight into their potential exposure at the time of the catastrophic event.

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