Earlier this month, an ultra-large containership belonging to shipping giant Maersk suffered what is being described as a ‘serious fire’ in one of its cargo holds while en-route from Singapore towards Suez, Egypt. Of the 27 seafarers aboard the Maersk Honam, three have died and one is missing as of this publication date. This recent fire… Read More

The international shipping organization BIMCO, based in Copenhagen, sees 2018 as the year container shipping growth and demand growth strike a balance, according to an article in American Shipper. “BIMCO forecasts demand to grow by 4.0-4.5 percent against a fleet growth of 3.9 percent in 2018,” stated Peter Sand, chief shipping analyst for BIMCO. Sand… Read More

Global insurer Munich Re, parent company of Roanoke Underwriting, earlier this month released a review of 2017’s natural catastrophes. Hurricanes Harvey, Irma and Maria, along with Mexico’s severe earthquake and other disasters, are estimated to cost the insurance industry a record $135 billion. Add to this uninsured losses, and the cost for overall losses is… Read More

Four industry organizations representing different sectors of the supply chain industry in a recent session at the Intermodal Europe Conference in Amsterdam put the spotlight on the need for container owners and operators to provide appropriate equipment for properly packing and shipping cargo, as set by the Cargo Transport Units (CTU) Code. The Global Shippers… Read More

Roanoke Insurance Group is pleased to announce that Karen Groff, Executive Vice President of Operations, will assume the role of President as of October 1. Current President, Bill Sterrett will remain as Chairman. Karen will be responsible for the ongoing leadership, management and directional planning of the organization; Bill will assume various strategic assignments and… Read More

Freight costs have spiked in the wake of Hurricane Harvey, which decimated Houston and the surrounding region. As businesses reopen and look to stock their shelves, many shippers are experiencing significantly higher rates. For example, according to online load board DAT Solutions LLC, the cost to hire a tractor-trailer to move freight from Dallas to… Read More

Just as we did with the airline industry, we are now seeing new alliances and mergers being formed within the global shipping industry. For shipping carriers there are benefits to partnering up, including the ability to share vessels, networks and ports of call, streamlining their operations and saving millions of dollars. But what does it… Read More

Roanoke Underwriting is hosting a complimentary webinar on Tuesday, July 12th at 12pm CT. Vice President Sergio Laos will discuss five fundamentals of selling cargo insurance. Join us as we explore: Basic coverage terms and conditions Common misconceptions – Legal Liability vs. “All Risks” Acts of God exposures and coverage Who needs cargo insurance Where… Read More

On Tuesday, June 7th Colleen Clarke will be part of an AAEI Conference panel titled “Don’t Trek on Me”. Colleen, along with Randy Rucker of Drinker, Biddle & Reath, Jenae Ciecko of Copper Hill Inc. and Beata Spuhler of 3M, will discuss recent cases that highlight what can happen to companies and individuals not compliant… Read More

Colleen Clarke, Vice President, Business Development for Roanoke Underwriting, will be attending the 2016 National Association of Surety Bond Producers (NASBP) Meeting and Expo in Colorado Springs, Colorado. The annual event will take place from May 15 – 18, 2016 at the Broadmoor Resort. This year’s event theme is “it’s all about the people –… Read More