Canadian Underwriter

Keyword
Canadian Coast Guard

News CatastrophesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Federal government introduces proposed Oil Tanker Moratorium Act for ports or marine installations in northern B.C.

May 12, 2017 by Canadian Underwriter

The federal government has introduced a bill that would prohibit oil tankers carrying more than 12,500 metric tonnes of crude oil or “persistent oils” from stopping, loading or unloading any of these oils at ports or marine installations in northern

News CatastrophesInsuranceMergers and Aqcuisitions

Tugs finally free tanker stranded in Cape Breton, N.S., for a week

January 16, 2017 The Canadian Press

SYDNEY, N.S. – A tanker that ran aground off the coast of Nova Scotia has returned to port after being stuck in shallow water for a week. The coast guard and salvage crews freed the Arca 1 from a bay

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Canadian Coast Guard safely rescues crew members from grounded tanker

January 9, 2017 by Canadian Underwriter

The Canadian Coast Guard (CCG) has reported that six crew members have been safety rescued after a tanker ran aground off Nova Scotia on Sunday. In a series of tweets, CCG reported that the vessel Arca 1 ran aground off

News CatastrophesClimate ChangeInsuranceLegalLegislation / RegulationMergers and AqcuisitionsReinsurance

Oceans Protection Plan includes robust polluter-pay approach to abandoned, derelict and wrecked vessels

November 8, 2016 by Canadian Underwriter

Canada’s new $1.5 billion national Oceans Protection Plan involves a raft of measures to help protect the country’s marine environment, including a pollution-pay approach with regard to abandoned, derelict and wrecked vessels The national plan was announced Monday in St.

News CatastrophesInsuranceMergers and Aqcuisitions

Oil spill fears remain one year after bunker fuel fouled Vancouver beaches

April 8, 2016 Laura Kane - THE CANADIAN PRESS

VANCOUVER – When the MV Marathassa leaked at least 2,700 litres of bunker fuel into Vancouver’s harbour one year ago, the effects of the spill reached far beyond the city’s picturesque waters and beaches. Delays in clean-up and notification of

News CatastrophesInsuranceMergers and Aqcuisitions

Federal government successfully tests drones for icebreaking operations

March 30, 2016 by Canadian Underwriter

The Government of Canada announced on Wednesday that it has successfully tested drones to assess its potential to support icebreaking operations. The Canadian Coast Guard (CCG), Transport Canada, the National Research Council and the Royal Canadian Navy said in a