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MSIG Specialty Marine has become aware of a fraudulent website that unlawfully replicates its corporate identity, including its company name, website design, certificates of insurance and service offerings, among them a vessel search feature. The company wishes to formally alert the market, port authorities, and all business partners of this matter.
Evidence indicates that this fraudulent website has been used to falsely represent that vessels associated with the so-called shadow fleet hold P&I insurance coverage through MSIG Specialty Marine. This representation is entirely false. MSIG Specialty Marine does not provide, and has not provided, P&I insurance to any such vessels.
MSIG Specialty Marine is a victim of this fraudulent scheme and takes the matter with the utmost seriousness, given its significant potential to mislead regulatory and port authorities and to damage the company's standing in the market.
The company is in active contact with relevant authorities and is cooperating fully with any inquiries. MSIG Specialty Marine is monitoring the situation closely and will issue further communications as the matter develops.
Any party, including port authorities, brokers, or counterparties, that has received documentation purportedly issued by MSIG Specialty Marine in connection with vessels from the shadow fleet is strongly encouraged to verify its authenticity directly with the company before acting upon it. All parties should only use the vessel search on MSIG Specialty Marine official website: www.msigspecialtymarine.com.
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Media & Verification Enquiries:
MSIG Specialty Marine
marine@msigspecialtymarine.com