Archive for the ‘P and I Clubs’ Category

London P&I Club reports increased free reserves

London P&I Club reports increased free reserves
16 May 2014 – The London P&I Club’s result for the 2013/2014 financial year produced an overall surplus of $6.6m, increasing the free reserve to $160.6m. There was an increase in P&I claims costs within the club’s retained layers in the financial year. The club’s management team notes...
May 16th, 2014 | P and I Clubs | Read More

Strike Club reports strong performance

Strike Club reports strong performance
Bill Milligan, chairman and chief executive of Strike Club The Strike Club, the market leader for delay insurance for the marine trades, reports a strong start to its new policy year that commenced on February 1, with continuing demand for its mutual entries and fixed-premium products covering war risks,...
May 15th, 2014 | HR, Insurance and Reinsurance, ITF, Labour Disputes, Marine Insurance, P and I Clubs, Reports, Strikes | Read More

Change attitudes and you change behaviour, says the Swedish Club

Change attitudes and you change behaviour, says the Swedish Club
Martin Hernqvist COPENHAGEN,  15 MAY 2014: Developing effective safety cultures on board involves thinking outside the box and away from established practice, according to Martin Hernqvist, head of The Swedish Club Academy, the body set up to deliver The Maritime Resource Management programme (MRM),...
May 15th, 2014 | Academia, Corporate Social Responsibility, Health and Safety, Manning - Seafarers and Offshore, Maritime Education and Training, P and I Clubs, Safety and Security | Read More

US road accidents bring tears to the eyes

US road accidents bring tears to the eyes
Peregrine Storrs-Fox Date: 02/05/2014 – Source: TT Talk 187 – News of settlement of a particularly nasty road accident in the US is a timely reminder that ship operators continue to be exposed to extreme liabilities, even where they have largely divested themselves of chassis fleets. For...
May 7th, 2014 | P and I Clubs | Read More

“Stowaways by sea” – order your copy today

“Stowaways by sea” – order your copy today
Improvements in security have not reduced the number of stowaways or the number of incidents and it is seafarers who have to cope with the extra work, delay, uncertainty and possible violence. The Nautical Institute’s recent addition to its maritime security suite is a handbook that gives practical...
April 30th, 2014 | Arrest of ships, Books, Claims, Corporate Social Responsibility, Health and Safety, HR, Immigration, Labour Disputes, Manning - Seafarers and Offshore, Maritime Fraud, P and I Clubs, Piracy and Terrorism, Politics and Government, Regulatory, Safety and Security, The Nautical Institute | Read More

Experts Use Industry Forum to Draw Attention to the Perils of Packing

Experts Use Industry Forum to Draw Attention to the Perils of Packing
Peregrine Storrs-Fox Freight and logistics professionals at Multimodal 2014 this week will hear specialist insurer TT Club’s Risk Management Director, Peregrine Storrs-Fox and other experts warn of the hazards of incorrect packing of containers and CTUs of all types 29 April 2014 Much industry attention...
April 29th, 2014 | Conferences, Seminars, Forums, Logistics, P and I Clubs | Read More

North P&I Club stresses the importance of a working language on ships

North P&I Club stresses the importance of a working language on ships
The 180 million GT North P&I club has reminded shipowners of the importance of making sure that an appropriate working language is used on their ships and that seafarers are practised at speaking it. According to head of loss prevention Tony Baker, ‘In order for a team to function effectively,...
April 22nd, 2014 | Health and Safety, P and I Clubs | Read More

Fitter crews and fewer claims: PEME’s 18-year achievement

Fitter crews and fewer claims: PEME’s 18-year achievement
Halcyon Marine Healthcare Systems Medical Operations Manager, Dr. Judy Rivera-Halago and Medical Director, Dr. Glennda Canlas congratulate 2/E Edward Nefulda of Anglo Eastern for being the 300, 000th PEME under the UK P&I Club PEME Program.” The UK P&I Club’s Pre-Employment Medical Examination...
April 10th, 2014 | Associations, HR, P and I Clubs | Read More

Analysis by TT Club Pinpoints Risk Issues for Logistics Operators

Analysis by TT Club Pinpoints Risk Issues for Logistics Operators
The overwhelming majority of insurance claims analysed by TT Club have showed that costly damages and loss, as well as serious bodily injury can be prevented or significantly minimised by sensible and concerted risk management efforts. Singapore, 9th April, 2014  – Speaking at this week’s TOC...
April 9th, 2014 | Conferences, Seminars, Forums, Container shipping, Insurance and Reinsurance, P and I Clubs | Read More

Growth across the board for the Swedish Club

Growth across the board for the Swedish Club
Lars Rhodin BEIJING, 27 MARCH 2014: The Swedish Club announced to its Board today a significant increase in financial strength, with a positive underwriting outcome and investment earnings leading to a surplus of USD 17 million overall – a testament to the strategy of diversification and focused...
March 28th, 2014 | Company Profiles, P and I Clubs | Read More

DGS Marine reports significant growth in fixed premium P&I market

DGS Marine reports significant growth in fixed premium P&I market
Increase take-up following 2014 P&I renewals as ship owners look to cut operating costs and control insurance spend DGS Marine, a leading global P&I (protection and indemnity) management provider, and exclusive manager for the British European and Overseas (BE&O) P&I facility, has announced...
March 27th, 2014 | Markets, P and I Clubs | Read More

TT Club Strengthens its Commitment to the Middle East Market

TT Club Strengthens its Commitment to the Middle East Market
Julien Horn Dubai & London, 21st March 2014 – Specialist freight transport insurance provider, TT Club is reinforcing its presence in Dubai. The move, which aims to support the Club’s existing claims team in the UAE, underlines the insurer’s commitment to what is a dynamic region and provides...
March 21st, 2014 | P and I Clubs | Read More

North P&I ‘A’ rating and stable outlook confirmed by S&P following merger

North P&I ‘A’ rating and stable outlook confirmed by S&P following merger
Leading ratings agency Standard and Poor’s (S&P) has reaffirmed North P&I club’s ‘A’ credit rating and stable outlook for a tenth consecutive year following its recent merger with Sunderland Marine. The agency says its rating reflects the newly merged club’s continuing strong business...
March 18th, 2014 | P and I Clubs | Read More

“Oily Business” in Argentina can be costly to ship operators

“Oily Business” in Argentina can be costly to ship operators
The latest customs threat in Argentina concerns the misdeclaration of shipboard stores, which can lead to fines. In an alert to its members, the American Club says that customs authorities are becoming stricter, particularly regarding the declaration of lube oils, bunkers, chemicals, spare parts, grabs...
March 12th, 2014 | P and I Clubs, Politics and Government, Regulatory, Taxation | Read More

Lloyd’s Register and the UK P&I Club launch smart phone apps

Lloyd’s Register and the UK P&I Club launch smart phone apps
ILO MLC iPhone screenshot Lloyd’s Register and the UK P&I Club have updated the hugely popular ILO MLC smartphone app and launched a new ISM & ISPS pocket checklist app Both apps are free and are available for iPhone, iPad, and Android devices In a fully paperless operation, the apps enable...
March 4th, 2014 | Charity, Classification Societies, Clubs, Corporate Social Responsibility, Events, IMO, Marine Equipment Products and Services, P and I Clubs, Technical | Read More

North P&I and Sunderland Marine merge to become “North Group”

North P&I and Sunderland Marine merge to become “North Group”
Pratap Shirke North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) merged to form the North Group on Friday 28 February 2014 following approval by the Bank of England’s Prudential Regulatory Authority and other UK and overseas regulators.    The...
March 3rd, 2014 | Associations, Company Profiles, P and I Clubs, People and Places | Read More

American Club reports strong renewal

American Club reports strong renewal
  Joe Hughes Healthy Increases in Tonnage and Premium NEW YORK, FEBRUARY 26, 2014: The American Club, the only mutual protection and indemnity insurer domiciled in the Americas, has today revealed very positive overall results for the February 20 renewal season. Tonnage entered for owners’ P&I...
February 26th, 2014 | Marine Insurance, P and I Clubs | Read More

New and existing members boost London P&I Club tonnage entry

New and existing members boost London P&I Club tonnage entry
Ian Gooch, Chief Executive of A Bilbrough, London Club managers The London P&I Club has increased its membership by almost two million gross tons over the past year. This increase reflects the entry of further tonnage with the club by existing members, and the addition of new members from China,...
February 26th, 2014 | P and I Clubs | Read More

UK P&I Club announces a positive 2014 renewal

UK P&I Club announces a positive 2014 renewal
Hugo Wynn-Williams London,  25 February 2014 – The UK P&I Club (“The UK Club”), one of the oldest shipping protection and indemnity mutual insurers, today announces its renewal for 2014 following the closure of the renewal season on 20 February: Another positive result with a net increase...
February 25th, 2014 | Associations, P and I Clubs | Read More

Poor Container Packing Costing Industry Millions

Poor Container Packing Costing Industry Millions
Container packing… CTUpack e-learningTM course launched to combat bad practice in warehouses and other packing facilities 31 January 2014 –Analysis by specialist transport and logistics insurer TT Club has revealed that as many as two thirds of accidents that involve the loss of, or damage...
January 31st, 2014 | Container shipping, Maritime Education and Training, News, P and I Clubs, Pollution, Ports & Terminals, Regulatory | Read More

London P&I Club issues renewed warning on cargo liquefaction

London P&I Club issues renewed warning on cargo liquefaction
23 January, 2014 – The London P&I Club says the lifting of an iron ore ban in India, together with the recent total loss of two ships, has put the spotlight once again on the problem of cargo liquefaction. In the latest issue of its StopLoss Bulletin, the club says, “There are specific challenges...
January 23rd, 2014 | P and I Clubs | Read More

Is it time for a holistic approach to crew insurance?

Is it time for a holistic approach to crew insurance?
Robert Johnston “In 2014, does it still make sense for P&I Clubs to underwrite routine health and accident claims?” asks Robert Johnston, head of the crew medical and personal accident insurance specialist Crewsure. “We are advised that this year, a number of Owners and their brokers are exploring...
January 22nd, 2014 | HR, Marine Insurance, P and I Clubs | Read More

TT Club Applauds Success in Logistics Innovation

TT Club Applauds Success in Logistics Innovation
20 January 2014 – TT Club, the insurance specialist serving the global freight industry, continues to support innovation in the logistics sector. TT Club, which provides liability,  cargo and property cover to freight forwarders and logistics companies, once more observes that innovation in...
January 20th, 2014 | Awards, Logistics, P and I Clubs | Read More

American Club’s new e-learning module on IMSBC code

American Club’s new e-learning module on IMSBC code
Other Modules on Bulk Carrier Safety Training to Follow A new addition to the existing catalogue of the American P&I Club’s e-learning modules covers compliance with the mandatory requirements of the IMO’s International Maritime Solid Bulk Cargoes (IMSBC) Code. Speaking in New York, Dr William...
January 16th, 2014 | Maritime Education and Training, P and I Clubs | Read More

North P&I Club reiterates importance of controlling medical costs

North P&I Club reiterates importance of controlling medical costs
The 171 million GT North P&I Club has launched a new campaign for 2014 to remind its Members of the importance of providing high quality healthcare while avoiding excessive medical costs. An information sheet entitled ‘People Claims: Controlling the Cost‘ is being circulated to all...
January 10th, 2014 | Health and Safety, P and I Clubs | Read More