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Toby Royal

As seen in: The Maritime Executive, SAFETY4SEA
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Articles by Toby Royal

The Poseidon Principles' Expansion Into Marine Insurance

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By Toby Royal, Mike Phillips Verified, Watson Farley
| The Maritime Executive Verified
The Poseidon Principles for Marine Insurance (the “Principles”) were officially launched in December 2021, initially supported by Swiss Re, Gard, Hellenic Hull Management, SCOR, Victor International and Norwegian Hull Club. In March 2022, Fidelis Insurance became the first company from the London market to join the group. In May 2022, Navium Marine and AXA XL signed up to the Principles, taking the total number of full members to nine.
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Poseidon Principles for Marine Insurance

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By Toby Royal, Mike Phillips Verified, Jame Fitzjohn
| SAFETY4SEA Verified
WFW experts provide an overview of the Poseidon Principles for Marine Insurance, which entered into force in early May,  with the aim to establish a framework to engage with the shipping industry and support net-zero insurance. The Poseidon Principles for Marine Insurance (the “Principles”) were officially launched in December 2021, initially supported by Swiss Re, Gard, Hellenic Hull Management, SCOR, Victor International and Norwegian Hull Club.
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The Clydebank Declaration: Green corridors kickstarting the adoption of long-term solutions

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By Toby Royal, David Handley, Valentina Keys
| SAFETY4SEA Verified
Watson Farley & Williams experts provide an overview of The Clydebank Declaration, describing what is the aim of it, its importance, as well as four key principles to adhere to. The Clydebank Declaration was launched at COP26 in November 2021 with initial supporters including Australia, Belgium, Canada, Chile, Costa Rica, Denmark, Fiji, Finland, France, Germany, Ireland, Japan, the Republic of the Marshall Islands, the Netherlands, New Zealand, Norway, Sweden, the UK and the US.
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