Archive for the ‘P and I Clubs’ Category

Considerations for vessels transiting and calling ports in areas affected by hurricanes, typhoons and cyclones

Considerations for vessels transiting and calling ports in areas affected by hurricanes, typhoons and cyclones
Following from the American Club’s Managers the Shipowners Claims Bureau, Inc.: As Members are no doubt aware, the peak season for hurricanes, typhoons and cyclones in the northern hemisphere occurs between July and October. Vessels trading in regions affected by these extreme weather events are...
September 14th, 2018 | Earthquakes, Tsunamis, Cyclones and Typhoons, P and I Clubs, Weather | Read More

The Shipowners’ Club reports its half year results to 30 June 2018

The Shipowners’ Club reports its half year results to 30 June 2018
Following from Simon Swallow the Shipowners’ Club Chief Executive: The Club has reported its financial results for the six months ended 30 June 2018. We anticipated a continuation of difficult trading conditions for many of our Members, along with an ongoing competitive insurance environment....
September 10th, 2018 | P and I Clubs, Reports | Read More

Half Year Results: Consistent Performance from The Swedish Club

Half Year Results: Consistent Performance from The Swedish Club
Lars Rhodin The Swedish Club has reported a combined ratio of 96 % for the first six months of 2018, in line with a policy of balanced growth and consistent performance. The Club is pleased to have now delivered an average combined ratio of below 100 % for ten years, despite a continued soft market for...
August 24th, 2018 | Accountancy, Company Profiles, P and I Clubs | Read More

Management news from the American Club

Management news from the American Club
MANAGEMENT NEWS After more than sixteen years’ service to the American Club, most recently as Senior Vice President of Shipowners Claims Bureau, Inc. (SCB), in which capacity he occupied the roles of Global Claims Director and General Counsel, George Tsimis has recently resigned from the management...
August 22nd, 2018 | Company Profiles, HR, P and I Clubs, Person Profiles | Read More

New North American Office for North

New North American Office for North
Ian Duthie August 22, 2018 – North P&I Club has today announced the opening of a new office in New York, USA, to represent our interests across North America.   The new office will be headed by Ian Duthie, who joins the Club from brokers, Marsh. The office will work closely with the existing...
August 22nd, 2018 | Company Profiles, P and I Clubs, People and Places, Person Profiles | Read More

Tindall Riley Team Raise Money by Walking 56 Miles Along the Thames Path

Tindall Riley Team Raise Money by Walking 56 Miles Along the Thames Path
A group of staff from Britannia’s managers, Tindall Riley, walked 56 miles of the Thames Footpath Route to raise money for the Marine Conservation Society with a mission to complete the walk within 24 hours. 13 staff set off from Cookham, Berkshire, at 6pm on 12th July and walked through the night,...
August 20th, 2018 | Associations, Charity, P and I Clubs, Sports | Read More

North P&I Club adds strength and depth to the Greek office team

North P&I Club adds strength and depth to the Greek office team
Paul Jennings August 13, 2018 – Leading global marine insurer North P&I Club has further strengthened its Greece based team with a number of new appointments and internal promotions, demonstrating North’s continuing commitment to providing the highest standards of service to its local...
August 13th, 2018 | Company Profiles, HR, Marine Insurance, News, P and I Clubs, Person Profiles | Read More

LCC: “Subject to review” clauses – Is there an intention to be immediately bound?

LCC: “Subject to review” clauses – Is there an intention to be immediately bound?
“Subject to review” clauses are frequently used in fixture proposals to indicate that the parties have not yet agreed to an enforceable contract. However, the recent case of Toptip vs Mercuria in Singapore demonstrates such language may not be sufficient to avoid the contract coming into...
August 8th, 2018 | Chartering, Fixtures, Legal, P and I Clubs | Read More

The United States formally reimposes secondary sanctions against Iran

The United States formally reimposes secondary sanctions against Iran
Joe Hughes From the American Club to its members: AUGUST 07, 2018   CIRCULAR NO. 28/18   TO THE MEMBERS OF THE ASSOCIATION   Dear Member:   THE UNITED STATES FORMALLY REIMPOSES SECONDARY SANCTIONS AGAINST IRAN   Introduction On May 8, 2018, President Trump withdrew the United States from participation...
August 7th, 2018 | News, P and I Clubs, Sanctions | Read More

Ship agent liable for negligence leading to excessive dunnage disposal charges

Ship agent liable for negligence leading to excessive dunnage disposal charges
International Transport Intermediaries Club (ITIC) has recently reported a dispute in which a ship agent in Australia was held liable to its shipowner principal for excessive charges demanded by a contractor for the disposal of dunnage and other materials related to the packing of cargo. The agent was...
August 6th, 2018 | Chartering, Legal, P and I Clubs | Read More

Rising to the digital challenge in shipping

Rising to the digital challenge in shipping
Joint TT Club & McKinsey report concludes that the future is digital   ‘Brave new world?’ examines two potential future digital scenarios, one of which is termed ‘Digital reinvention’ Industry experts, looking at the future for the container transport industry over the next 25 years,...
August 6th, 2018 | Containers, IT and Communications, P and I Clubs, Technical, Technology | Read More

AMERICAN P & I Club manager prepares for further growth with a series of new appointments

AMERICAN P & I Club manager prepares for further growth with a series of new appointments
Dorothea Ioannou, Chief Commercial Officer (CCO) Four ‘C Level’ positions filled by experienced Club employees to strengthen service capabilities for a growing membership and to help embrace future challenges  New York, July 30, 2018:  Shipowners Claims Bureau, Inc. (SCB), the Manager of the American...
July 30th, 2018 | Company Profiles, News, P and I Clubs, Person Profiles | Read More

New IMB report shows persistent piracy risk in Gulf of Guinea

New IMB report shows persistent piracy risk in Gulf of Guinea
Captain P. Mukundan London and Kuala Lumpur, 24 July 2018 – The second quarterly report from the ICC International Maritime Bureau (IMB) shows that all 2018 crew kidnappings have so far occurred in the Gulf of Guinea in six separate incidents. A total of 107 incidents were reported to the IMB Piracy...
July 24th, 2018 | Arrest of ships, Bribery and Corruption, Claims, Corruption, Health and Safety, Maritime Fraud, News, P and I Clubs, Piracy and Terrorism, Reports, Safety and Security | Read More

Management News from the American Club

Management News from the American Club
Dorothea Ioannou. MANAGEMENT NEWS from the American Club  Your Managers are pleased to announce the following recent promotions to new roles within the senior management team. Dorothea Ioannou has assumed the position of Chief Commercial Officer (CCO) with responsibility for the implementation of overall...
July 11th, 2018 | Company Profiles, P and I Clubs, Person Profiles | Read More

North P&I Club And 24Vision Sign Partnership Agreement

North P&I Club And 24Vision Sign Partnership Agreement
Paul Jennings 10 July, 2018 – North P&I Club and 24Vision announced today that they have entered into a partnership agreement, with effect from 1 July 2018, to provide P&I insurance to charterers and small ship operators.   As part of 24Vision’s wider service proposition to their marine...
July 10th, 2018 | Mergers and Acquisitions, P and I Clubs | Read More

Slow and Steady Wins the Race to Lower Operating Costs, says The Swedish Club

Slow and Steady Wins the Race to Lower Operating Costs, says The Swedish Club
Main Engine Damage The Swedish Club warns that vessel operators should always look to the long term, when specifying the type of engines to be installed across the fleet. Latest statistics from the Club show that vessels propelled by medium/high speed engines have a claims frequency 2.5 times higher...
June 28th, 2018 | Books, Claims, P and I Clubs | Read More

ITIC helps ship manager successfully refute owner’s allegation of negligence

ITIC helps ship manager successfully refute owner’s allegation of negligence
International Transport Intermediaries Club (ITIC) has successfully defended a ship manager against allegations of negligence made by a shipowner following the loss of a lifeboat overboard. The lifeboat was subsequently found drifting off the port of Naze, Japan, after the master of the vessel had reported...
June 26th, 2018 | Insurance and Reinsurance, Legal, Marine Insurance, P and I Clubs, Shipmanagement | Read More

The American Club concludes 2017 centennial year with growth…

The American Club concludes 2017 centennial year with growth…
Joe Hughes THE AMERICAN CLUB CONCLUDES 2017 CENTENNIAL YEAR WITH GROWTH IN TONNAGE AND SURPLUS DESPITE A CHALLENGING BUSINESS CLIMATE  Positive trends of recent years continue into 2018 P & I and FD & D entries grow by 8% and 6% respectively during 2017. Headline premium declines by 5% to $98.7...
June 25th, 2018 | Company Profiles, P and I Clubs, Person Profiles, Reports | Read More

The American Club’s Annual Report and Accounts for 2017 and …

The American Club’s Annual Report and Accounts for 2017 and …
Joe Hughes From the Chairman & CEO Shipowners Claims Bureau, Inc., Managers for THE AMERICAN CLUB THE AMERICAN CLUB’S ANNUAL REPORT AND ACCOUNTS FOR 2017. CLOSING OF THE 2015 POLICY YEAR. RELEASE CALLS.   Your Managers are pleased to attach the American Club’s Annual Report and Accounts for...
June 21st, 2018 | Company Profiles, Marine Insurance, P and I Clubs, Reports | Read More

The Swedish Club Appoints Five New Board Members

The Swedish Club Appoints Five New Board Members
Lars Rhodin,Managing Director, The Swedish Clubspeaking at the Club’s AGM AGM2018: The Swedish Club announced at its AGM last week that it has appointed five new Board members. The following new Board members were elected, bringing with them a wealth of experience from many sectors of the shipping...
June 19th, 2018 | Company Profiles, P and I Clubs, Person Profiles | Read More

‘Brave new world?’ – What industry leaders really think the future holds for container transport

Charles Fenton –   a comprehensive report into the global container transport industry authored by TT Club and McKinsey Coinciding with its 50th anniversary, leading international freight transport insurer TT Club, in conjunction with global management consulting firm McKinsey, have today published...
June 6th, 2018 | Anniversaries, Containers, P and I Clubs | Read More

North P&I Club’s Tony Baker steps down after 14 Years at the helm of loss prevention

North P&I Club’s Tony Baker steps down after 14 Years at the helm of loss prevention
Tony Baker 4 June, 2018 – After almost 14 years of running North P&I Club’s loss prevention department, Tony Baker (Director, Loss Prevention), will step down from this role on 30 June 2018. Following 18 years at sea and other roles in the industry, including working as a lecturer in maritime...
June 4th, 2018 | Company Profiles, Marine Insurance, P and I Clubs, Person Profiles | Read More

TT Club announces positive financial results for 2017 and A.M. Best affirms A- (Excellent) rating

TT Club announces positive financial results for 2017  and A.M. Best affirms A- (Excellent) rating
TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2017, and A.M. Best affirms its A- (Excellent) rating Highlights: $181.8 million gross earned premiums (2016: $177.8 million) $7.3 million surplus for...
May 31st, 2018 | Company Profiles, Marine Insurance, P and I Clubs, Reports | Read More

Britannia Appoints New Exclusive Correspondent in Copenhagen

Britannia Appoints New Exclusive Correspondent in Copenhagen
Michael Boje-Larsen Britannia is further bolstering its overseas presence with the appointment of a new exclusive correspondent in Copenhagen, Denmark. Denmark is an important market for Britannia and accounts for approximately 16% of its business. The move to open an office in Copenhagen is designed...
May 31st, 2018 | Company Profiles, P and I Clubs, Person Profiles | Read More

BDI@1,042: Ultra caution amid Geopolitical chaos; and what a splash that was from the American Club!

BDI@1,042: Ultra caution amid Geopolitical chaos; and what a splash that was from the American Club!
John Faraclas – picture by ecopack77 The fall in the Dry markets continues. The Geopolitcs continue to be perplexed and uncertain and the American Club’s splash makes the headlines…. John Faraclas’ brief markets and geopolitics  report: The BDI (Baltic Dry Index) lost 15 points, a bit of...
May 30th, 2018 | Chartering, Dry Bulkcarriers, Events, Marine Insurance, Markets, P and I Clubs, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More