Archive for the ‘P and I Clubs’ Category

North P&I Club and Sunderland Marine Mutual to enter into merger framework agreement

Pratap Shirke North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) are entering into a merger framework agreement which, if accepted by members, will result in the creation of one of the world’s largest marine insurance operations in early 2014. The...
December 12th, 2013 | P and I Clubs | Read More

American Club strengthens management team…

American Club strengthens management team…
Joe Hughes Significant strengthening of management team as American Club regionalises underwriting and business development activity NEW YORK, December 6, 2013: The American P&I Club is reorganising its underwriting and business development functions into a regionalised structure comprising the Americas,...
December 6th, 2013 | Company Profiles, HR, P and I Clubs, Person Profiles | Read More

Changing Patterns in World Trade Bring Unforeseen Liabilities for Middle East Transport Operators

Changing Patterns in World Trade Bring Unforeseen Liabilities for Middle East Transport Operators
Changing Patterns in World Trade Bring Unforeseen Liabilities for Middle East Transport Operators In a speech to be given at the TOC Container Supply Chain: Middle East Conference on 9th December, Andrew Kemp, Regional Director EMEA of the freight transport insurance specialist TT Club will warn of...
December 3rd, 2013 | Logistics, P and I Clubs, Trade and Commerce | Read More

ITIC warning for ship managers on unsuitable cargoes

ITIC warning for ship managers on unsuitable cargoes
ITIC* has warned ship managers of the potentially severe financial implications of nominating unsuitable ships for the carriage of specific cargoes. In the latest issue of its Claims Review, ITIC cites the case of a commercial ship manager which fixed a ship for a voyage of 4, 000 metric tonnes of...
November 29th, 2013 | Associations, Chartering, Marine Insurance, P and I Clubs | Read More

Latest from the American Club

Latest from the American Club
AMERICAN CLUB’s 10% GENERAL INCREASE FOR 2014 Joe Hughes Increases in some deductibles Claims pooling continues to drive overheads Shipping and pricing power may move into recovery mode NEW YORK, November 22, 2013: Unchanged from last year is the American Club’s message for the 2014/15 year when...
November 27th, 2013 | P and I Clubs | Read More

Chinese language version of solid bulk cargoes guide to support safer ship operations

Chinese language version of solid bulk cargoes guide to support safer ship operations
International Maritime Solid Bulk Cargoes (IMSBC) Code pocket checklist will be available at Marintec 2013 next week. Lloyd’s Register, UK P&I Club, and Intercargo produced a pocket guide and checklist earlier this year for ships’ officers and agents who arrange cargoes for loading. When bulk...
November 26th, 2013 | Books, Classification Societies, Dry Bulkcarriers, Maritime Education and Training, P and I Clubs | Read More

STRIKE Club’s new cover aimed at time-charterers when freight markets revive

STRIKE Club’s new cover aimed at time-charterers when freight markets revive
The Strike Club has expanded its range of fixed-premium insurance covers to help time-charterers if and when they suffer the loss of their booked profit as a result of the total loss or constructive total loss (CTL) of a chartered ship. The launch of this new product was approved by the directors at...
November 21st, 2013 | News, P and I Clubs | Read More

North P&I strengthens loss prevention presence in Asia Pacific

North P&I strengthens loss prevention presence in Asia Pacific
Andy Kirkham The 170 million GT North P&I club has strengthened its loss prevention presence in the Asia Pacific region this week by relocating loss prevention executive Andrew Kirkham from the UK head office to the Singapore branch office. North’s head of loss prevention Tony Baker says, ‘We...
November 7th, 2013 | P and I Clubs | Read More

TT Club Continues its Mission to Achieve a Safer and More Secure Supply Chain

TT Club Continues its Mission to Achieve a Safer and More Secure Supply Chain
Phillip Emmanuel London & Hong Kong,  7 November 2013 – Freight transport insurance specialist TT Club is continuing its efforts to reduce risk in the supply chain.  Through constant analysis of the claims it receives, the international insurer has pinpointed an array of operational circumstances...
November 7th, 2013 | P and I Clubs | Read More

Shipowners’ Club Once More Keeps Premium Rises to a Minimum

Shipowners’ Club Once More Keeps Premium Rises to a Minimum
Despite a continued upward trend in the cost of claims and additional reinsurance costs, The Shipowners’ Club, P&I insurance provider to the smaller and specialist vessel sector, is to raise premiums by just 5% for the 2014/15 renewal. 31st October 2013 – Announcing its half year (2013/14)...
October 31st, 2013 | P and I Clubs | Read More

Olivier is new Chairman of UK Club

Olivier is new Chairman of UK Club
Alan Olivier Alan Olivier was elected Chairman and President of the UK P&I Club at their Board meeting in Bermuda on October 28th. He succeeds Mr Dino Caroussis who has retired from the Board. Mr Olivier, 53, Chief Executive Officer of Grindrod Limited, became a Director of the UK Club in 2000...
October 31st, 2013 | News, P and I Clubs, People and Places | Read More

TT Club Presents Guidance to South Asian Ports on Avoidable Accidents

TT Club Presents Guidance to South Asian Ports on Avoidable Accidents
Phillip Emmanuel London 29th October* 2013 – 82% of insurance claims related to cargo handling at ports are the result of operational shortcomings or poor equipment maintenance.  This revealing statistic was presented by TT Club’s Regional Director, Asia-Pacific, Phillip Emmanuel as he addressed...
October 30th, 2013 | Conferences, Seminars, Forums, P and I Clubs | Read More

North P & I warns shipowners to be “above suspicion” regarding oily discharges

North P & I warns shipowners to be “above suspicion” regarding oily discharges
The 170 million GT North P&I club has warned its members of the importance of being ‘above suspicion’ when port authorities allege an oily water discharge due to the risk of multi-million dollar penalties. The warning comes in the latest issue of the club’s loss prevention newsletter ‘Signals’. North’s...
October 28th, 2013 | Legal, Oceanology, Oil Spill, P and I Clubs, Pollution | Read More

Success of CINS Initiative Recognised with Corporate Social Responsibility Award

Success of CINS Initiative Recognised with Corporate Social Responsibility Award
l to r: Karl Lumbers (UKP&I), Peregrine Storrs-Fox (TT Club), Reinhard Schwede (Hapag-Lloyd), Hazel Irvine (Award Presenter), Dirk Vande Velde (MSC), Melvin Lin (Evergreen), Uffe Ernst-Fredricksen (Maersk Line).Not present Marc Lefebvre (CMA-CGM). London 25th October, 2013 – The TT Club is...
October 25th, 2013 | Awards, Container shipping, Corporate Social Responsibility, Events, P and I Clubs | Read More

NORTH P&I Club directors decide on 7, 5% general increase with deferred payment

NORTH P&I Club directors decide on 7, 5% general increase with deferred payment
Directors of the 170 million GT North P&I Club have decided on a 7.5% general premium increase for protection and indemnity (P&I) cover next year and will continue with a moderated payment plan similar to last year. The increase reflects the board’s commitment to maintaining the financial strength...
October 25th, 2013 | P and I Clubs | Read More

TT Club Sees Latin American Trade Growth Creating Infrastructure Challenges

TT Club Sees Latin American Trade Growth Creating Infrastructure Challenges
  Dan Negron Speaking at the recent TOC Americas Conference in Miami TT Club’s Senior Underwriter, Dan Negron outlined his views on future Latin American trade growth and the pressures that this will create on the region’s transport infrastructure. London & Jersey City, NJ:  23 October...
October 23rd, 2013 | P and I Clubs, Politics and Government, Trade and Commerce | Read More

Delays causing hardship for shipowners and charterers

Delays causing hardship for shipowners and charterers
Bill Milligan Strike Club’s Warning The news this week that a longshoremen’s strike had effectively stopped cargo operations at the port of Baltimore, a major hub for foreign car imports into the US, underlines a new warning by The Strike Club. Strikes by stevedores continue to dominate the list...
October 18th, 2013 | P and I Clubs, Strikes | Read More

Piracy FAQs -Updated

Piracy FAQs -Updated
Further to recent discussions the International Group clubs have updated their guidance to Members on the issue of piracy. The latest advice is presented below with some additional comments from this Club. If Members do have any questions on  the subject which are not covered by the FAQs, please let...
September 17th, 2013 | P and I Clubs, Piracy and Terrorism | Read More

UK P&I Club relaunches IMDG Code booklets

UK P&I Club relaunches IMDG Code booklets
Handling dangerous goods improperly can be very dangerous indeed Dangerous goods have long been involved in serious transport incidents, onshore and at sea, resulting in deaths, injuries, massive rescue operations and huge commercial losses. Typically, packages spill their contents and cause fires, explosions...
September 16th, 2013 | Books, News, P and I Clubs | Read More

TT Talk – Trade ‘Esperanto’ still requires understanding

TT Talk – Trade ‘Esperanto’ still requires understanding
Supply chain management and contracts of carriage are, inevitably, derivations of sale contracts. The interface between the different types of contracts and the parties involved can be critical to keep things moving smoothly and resolve misunderstandings,  Peregrine Storrs-Fox  Risk Management Director,...
September 15th, 2013 | Aviation, Marine Insurance, P and I Clubs, Trade and Commerce | Read More

North P & I Club and Sunderland Marine Mutual Insurance discuss merger

North P & I Club and Sunderland Marine Mutual Insurance discuss merger
Alan Wilson (left), Paul Jennings and Geoff Parkinson The North of England P&I Association Limited (North) and Sunderland Marine Mutual Insurance (SMMI) Company Limited are discussing a possible merger. The decision by the boards and senior management teams of the two north-east England based mutuals...
August 8th, 2013 | P and I Clubs | Read More

Continuing strong demand for Strike Club covers

Continuing strong demand for Strike Club covers
Bill Milligan Marine Supply Chains Face Increasing Disruptions The Strike Club, the market leader for insuring shipowners and charterers seeking insurance protection against delays in the marine trades, is experiencing a stronger uptake of its covers, whether for mutual entries or for the fixed-premium...
July 29th, 2013 | P and I Clubs | Read More

Shipowners face expensive new regime over ballast water management

Shipowners face expensive new regime over ballast water management
Shipowners face expensive new regime over ballast water management Jacqueline Tan Shipowners will soon be obliged to address new and expensive regulations to deal with ballast water. The Ballast Water Management Convention 2004 will require them to understand compliance standards, develop a ballast water...
July 29th, 2013 | Environment, News, P and I Clubs, Pollution, Shipmanagement | Read More

S&P affirms NORTH P&I Club’s ‘A’ stable rating under revised insurance criteria

Leading ratings agency Standard and Poor’s (S&P) has affirmed North P&I club’s ‘A’ credit rating and stable outlook following a review of marine mutuals based on the agency’s new ratings criteria for insurers. The review confirms North’s continued status both as the second largest...
July 25th, 2013 | P and I Clubs | Read More

Insuring perishable cargo

Insuring perishable cargo
International trade in perishable cargo is a growth area for container carriers, now accounting for over 90% of world maritime reefer transport capacity and making inroads to airfreight as well. As ever, reward can be countered by risk. While perishable cargo is high paying freight, it can also produce...
July 24th, 2013 | P and I Clubs, Safety and Security | Read More