Archive for the ‘P and I Clubs’ Category

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

North P&I Club reports an increase of US$20m in free reserves and a rise of 5m in Gross Tonnage

North P&I Club reports an increase of US$20m in free reserves and a rise of 5m in Gross Tonnage
Pratap Shirke May 24, 2018 – Leading global marine insurer North P&I Club has announced its annual results, confirming a 4.6% increase (US$20 million) in free reserves to US$451 million, a 2.6% (5M GT) rise in total entered tonnage to 195M GT, and a combined ratio of 104% for the year ended...
May 24th, 2018 | Company Profiles, News, P and I Clubs | Read More

The BDI@ 1,273… Geopolitics going bung…

The BDI@ 1,273… Geopolitics going bung…
John Faraclas The BDI (Baltic Dry Index) fell 32 points since yesterday and 199 since the 11 of May. CAUTION.  John Faraclas’ market briefing: The Capes lost 53 points with the BCI now at 2,053 – might go even below the 2,000 point threshold. On a weekly basis the loss was even worse: 577 points! The...
May 18th, 2018 | Chartering, Dry Bulkcarriers, Events, Markets, News, Oil Industry, P and I Clubs, Reports, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

2018 Financial Statements – Britannia declares another USD20m capital distribution to Members

2018 Financial Statements – Britannia declares another USD20m capital distribution to Members
Highlights: Britannia reports another strong financial performance, with an aggregate USD80.6m post-tax surplus for the year. The Board approves a further USD20m capital distribution, to be paid to P&I mutual Members with ships on risk as at midnight 15 May 2018. Members have now benefited from...
May 18th, 2018 | Company Profiles, P and I Clubs | Read More

Greek Shipping Leading the Way

Greek Shipping Leading the Way
Tony Allen, Director (Greece), North P&I Club Greek Shipping Leading the Way By Tony Allen, Director (Greece), North P&I Club It is nearly a decade since the global crisis began and Greek shipping has proven its ability to weather the storm. With freight rates improving a little at least in some...
May 17th, 2018 | Company Profiles, Events, Exhibitions, Featured, Marine Insurance, News, P and I Clubs, Person Profiles | Read More

ABS, the American Club and Lamar University Join Forces to Improve Maritime Workforce Safety

ABS, the American Club and Lamar University Join Forces to Improve Maritime Workforce Safety
… Joint Initiative Tackles Common Causes of Maritime Accidents ABS, the American Club and Lamar University are launching a new initiative aimed at reducing maritime-related safety incidents. The initial focus of the partnership’s analysis and industry guidance will be on slips, trips and falls,...
May 10th, 2018 | Academia, Classification Societies, Health and Safety, HR, Maritime Accidents, Maritime Education and Training, News, P and I Clubs | Read More

North P&I Club strengthens cargo claims team

North P&I Club strengthens cargo claims team
David Richards May 1, 2018 – North P&I Club has further strengthened its specialist cargo claims team with the appointment of David Richards as Deputy Director (Cargo). This appointment is an important element in North’s ongoing commitment to provide the highest standards of service delivery...
May 2nd, 2018 | Claims, Company Profiles, HR, Insurance and Reinsurance, Marine Insurance, News, P and I Clubs, Person Profiles | Read More

ITIC helps limit naval architect’s exposure after survey vessel capsizes

ITIC helps limit naval architect’s exposure after survey vessel capsizes
In a recent dispute, International Transport Intermediaries Club (ITIC) helped a naval architect to successfully reduce the level of a claim by a shipbuilder for damages and loss of profits following the sinking of a hydrographic survey vessel which was deemed to be unstable. The naval architect was...
May 2nd, 2018 | Claims, Legal, Maritime Accidents, P and I Clubs, Regulatory, Shipbuilding and Shipyards | Read More

NAMEPA’s Annual Safety at Sea Seminar and AMVER Reception being held on National Maritime Day

NAMEPA’s Annual Safety at Sea Seminar and AMVER Reception  being held on National Maritime Day
Joe Hughes April 24, 2018 – The American Club’s Chairman and CEO, and Chairman of North American Marine Environment Protection Association (NAMEPA), announced the lineup for this year’s “Safety at Sea” seminar being held on May 22nd at the National Press Club in Washington DC beginning at 1330hrs...
April 24th, 2018 | Charity, Clubs, Environment, Events, Conferences,Forums and Symposiums, P and I Clubs, Safety and Security | Read More

Sunderland Marine’s Tom Rutter retires after 39 years

Sunderland Marine’s Tom Rutter retires after 39 years
om Rutter, Chief Executive Officer, Sunderland Marine April 16, 2018 – Following 39 years’ service with Sunderland Marine, Tom Rutter – Chief Executive Officer, will retire on 30 June 2018. Tom started his career with Sunderland Marine in 1979 in claims and then marine underwriting before moving...
April 16th, 2018 | Company Profiles, P and I Clubs, Person Profiles | Read More

Britannia Strengthens Underwriting Team

Britannia Strengthens Underwriting Team
Steve Myatt, retiring after 30 years service Britannia has bolstered its underwriting presence with 3 significant appointments as part of the Company’s growth strategy and to further enhance service delivery. The recruitment drive comes as the curtain falls on the prestigious 30-year underwriting career...
April 4th, 2018 | Company Profiles, P and I Clubs, Person Profiles | Read More

Recent developments in Italian law about compensation of personal injuries

Recent developments in Italian law about compensation of personal injuries
The Osservatorio sulla Giustizia Civile (monitoring group about civil justice) at the Tribunal of Milan made public the 2018 edition of their “Tables for the assessment of non-pecuniary damages arising out of personal injuries and loss of parental relationship”. The Tables are widely used by...
March 30th, 2018 | Health and Safety, Legal, P and I Clubs, Safety and Security | Read More

North P&I Club supports its hometown’s cultural heritage, sponsoring the UK premiere of ‘The Last Ship’

North P&I Club supports its hometown’s cultural heritage, sponsoring the UK premiere of ‘The Last Ship’
Sting and lead sponsor North P&I, at the UK premiere of ‘The Last Ship’ (L-R Alan Wilson (North P&I Club, Joint Managing Director), Sting, Paul Jennings (North P&I Club, Joint Managing Director), Kaye Jennings, and Richard Bracken (North P&I Club, Group Director (Underwriting)). March...
March 22nd, 2018 | Charity, Maritime History and Museums, P and I Clubs | Read More

Sunderland Marine confirms the sale of Knighthood Corporate Assurance Services

Sunderland Marine confirms the sale of Knighthood Corporate Assurance Services
March 19, 2018 – Sunderland Marine Insurance Company, the specialist in marine and aquaculture insurance, today confirmed the sale of Knighthood Corporate Assurance Services Limited to Broker Network. Sunderland Marine has had a business association with Knighthood since 1994. The sale is seen...
March 19th, 2018 | Mergers and Acquisitions, P and I Clubs | Read More