Archive for the ‘P and I Clubs’ Category

London P&I Club’s capital position remains strong despite heavy cost of claims

London P&I Club’s capital position remains strong despite heavy cost of claims
Ian Gooch London P&I Club’s capital position remains strong despite heavy cost of claims THE London P&I Club has issued an advance summary of its result for the 2018/2019 financial year, ahead of the publication of its annual report. With free reserves of $168.8m, the club’s capital position...
June 13th, 2019 | P and I Clubs, Reports | Read More

Supreme Court clarifies types of expense to be taken into account in calculating a constructive total loss

Supreme Court clarifies types of expense to be taken into account in calculating a constructive total loss
Supreme Court clarifies types of expense to be taken into account in calculating a constructive total loss Sveriges Angfartygs Assurans Forening (The Swedish Club) and others (Appellants) v Connect Shipping Inc and another (Respondents) (the MV RENOS) [12.06.19] The Supreme Court has today held that...
June 12th, 2019 | Legal, P and I Clubs | Read More

Leading P&I professional recruited to Shipowners Claim Bureau (UK) Ltd., to augment service capabilities of Eagle Ocean Marine

Leading P&I professional recruited to Shipowners Claim Bureau (UK) Ltd., to augment service capabilities of Eagle Ocean Marine
Richard Linacre Leading P&I professional recruited to Shipowners Claim Bureau (UK) Ltd., to augment service capabilities of Eagle Ocean Marine Richard Linacre, a well-known figure in the fixed premium P&I and related sectors, joins London team to undertake important market liaison role NEW YORK,...
June 10th, 2019 | Company Profiles, News, P and I Clubs, Person Profiles | Read More

North P&I Club Named ‘Legal Department Of The Year’ At Northern Law Awards

North P&I Club Named ‘Legal Department Of The Year’ At Northern Law Awards
Paul Jennings, Chief Executive Officer, North P&I Club North P&I Club Named ‘Legal Department Of The Year’ At Northern Law Awards 10 June – North P&I Club’s in-house Corporate & Legal Team has been named ‘Legal Department of the Year’ at the recent Northern Law Awards....
June 10th, 2019 | Awards, P and I Clubs | Read More

American Club circular no. 17/19 – Management News

American Club circular no. 17/19 – Management News
Dan Tadros AMERICAN P&I CLUB MANAGERS APPOINT PROMINENT MARITIME LAWYER FROM PRIVATE PRACTICE AS NEW CHIEF LEGAL OFFICER IN NEW YORK. Dan Tadros, admiralty partner and practice area coordinator at Chaffe McCall, LLP of New Orleans, to join Shipowners Claims Bureau, Inc. on July 1, 2019. NEW YORK,...
June 6th, 2019 | Company Profiles, Legal, P and I Clubs, Person Profiles | Read More

Failure to incorporate terms and conditions could find shipping out of its depth

Failure to incorporate terms and conditions could find shipping out of its depth
Failure to incorporate terms and conditions could find shipping out of its depth International Transport Intermediaries Club (ITIC) has warned its members of the need to incorporate terms and conditions into their business dealings in order to limit their potential exposure to liability. ITIC cites the...
June 4th, 2019 | Marine Insurance, P and I Clubs | Read More

American Club circular no.16/19 – pre-employment medical examination (PEME) program: Synopsis of 2017 and 2018 results and attendant cost savings

American Club circular no.16/19 – pre-employment medical examination (PEME) program: Synopsis of 2017 and 2018 results and attendant cost savings
Joe Hughes American Club circular no.16/19 – pre-employment medical examination (PEME) program: Synopsis of 2017 and 2018 results and attendant cost savings  JUNE 3, 2019   CIRCULAR NO. 16/19   TO MEMBERS OF THE ASSOCIATION   Dear Member:   PRE-EMPLOYMENT MEDICAL EXAMINATION (PEME) PROGRAM:...
June 3rd, 2019 | Health and Safety, Medical, P and I Clubs, Safety and Security, Shipmanagement | Read More

Diversification and service excellence pays off for North P&I Club in 2018-19 annual results

Diversification and service excellence pays off for North P&I Club in 2018-19 annual results
Pratap Shirke Diversification and service excellence pays off for North P&I Club in 2018-19 annual results 30 May 2019 – North P&I Club has confirmed a 3% increase in free reserves to US$463m, a 99% Member retention rate for the third year in a row, and a 2.45% investment return that has...
May 30th, 2019 | P and I Clubs, Reports | Read More

West of England P&I Club’s overall financial position and capital strength remain robust

West of England P&I Club’s overall financial position and capital strength remain robust
Tom Bowsher, West of England CEO West of England P&I Club’s overall financial position and capital strength remain robust West of England P&I Club today announced its results for the year ending 20 February 2019. The Club’s capital has strengthened and remains considerably in excess of the...
May 29th, 2019 | Accountancy, Company Profiles, P and I Clubs | Read More

American Club Circular No.15/19 – the United States expands the universe of Iran sanctions targets (SDNs) by targeting the metals sector of Iran

American Club Circular No.15/19  – the United States expands the universe of Iran sanctions targets (SDNs) by targeting the metals sector of Iran
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club American Club Circular No.15/19  – the United States expands the universe of Iran sanctions targets (SDNs) by targeting the metals sector of Iran  MAY 10, 2019   CIRCULAR NO. 15/19   TO MEMBERS...
May 10th, 2019 | P and I Clubs, Sanctions | Read More

Failure to check charterparty wording catches ship manager off guard

Failure to check charterparty wording catches ship manager off guard
Failure to check charterparty wording catches ship manager off guard International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.  By way of...
May 7th, 2019 | Chartering, Fixtures, Insurance and Reinsurance, Marine Insurance, Markets, P and I Clubs, Piracy and Terrorism, Safety and Security | Read More

American Club cicular no. 14/19 – US Treasury Department publishes “A Framework for OFAC Compliance Commitments”

American Club cicular no. 14/19 – US Treasury Department  publishes “A Framework for OFAC Compliance Commitments”
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club MAY 6, 2019, CIRCULAR NO. 14/19 TO MEMBERS OF THE ASSOCIATION   Dear Member:   US TREASURY DEPARTMENT PUBLISHES A FRAMEWORK FOR OFAC COMPLIANCE COMMITMENTS   On May 2, 2019, the US Department of the Treasury’s...
May 6th, 2019 | Marine Insurance, P and I Clubs | Read More

American Club member Alert Re – Loss Prevention update: Spanish translations of good housekeeping-A Pocket Guide

American Club member Alert Re – Loss Prevention update: Spanish translations of good housekeeping-A Pocket Guide
APRIL 26, 2019 – LOSS PREVENTION UPDATE: SPANISH TRANSLATIONS OF GOOD HOUSEKEEPING-A POCKET GUIDE Your Managers are pleased to announce that the American Club’s Good Housekeeping- A Pocket Guide has been translated into Spanish. Copies of Good Housekeeping-A Pocket Guide in English,...
April 26th, 2019 | News, P and I Clubs | Read More

The Shipowners’ Club results for the 2018 financial year

The Shipowners’ Club results for the 2018 financial year
From the CEO of The Shipowners’ Club:  financial results for the 2018 financial year In updating on our financial results for the 2018 financial year, the Club has reported a combined ratio of 104.2%, with an increase in Member and vessel numbers, an uplift in gross tonnage to 27.3m but with...
April 18th, 2019 | P and I Clubs, Reports | Read More

North P&I Club – It’s time to prepare for the big switch

North P&I Club – It’s time to prepare for the big switch
Teijha Smyth, Deputy Director (FE&D), North P&I North P&I Club – It’s time to prepare for the big switch 18 April 2019 – North P&I Club has updated its guidance on the 2020 Sulphur Cap for Members, helping them prepare for the big switch to compliance on 1 January 2020....
April 18th, 2019 | Emissions, Environment, P and I Clubs | Read More

Sailors’ Society launches Not On My Watch petition to make wellness training mandatory for seafarers

Sailors’ Society launches Not On My Watch petition to make wellness training mandatory for seafarers
Sailors’ Society launches Not On My Watch petition to make wellness training mandatory for seafarers Sailors’ Society launches Not On My Watch petition to make wellness training mandatory for seafarers Petition to the ILO is part of the charity’s campaign to tackle suicide and depression at sea Maritime...
April 16th, 2019 | Health and Safety, ILO, Maritime Accidents, Maritime Education and Training, P and I Clubs | Read More

American Club circular no.13/19 – Management News – Shipowners Claims Bureau (UK) Ltd

American Club circular no.13/19 – Management News – Shipowners Claims Bureau (UK) Ltd
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club AMERICAN CLUB CIRCULAR NO. 13/19 – MANAGEMENT NEWS – SHIPOWNERS CLAIMS BUREAU (UK) LTD APRIL 15, 2019   CIRCULAR NO. 13/19   TO MEMBERS OF THE ASSOCIATION   Dear Member:   MANAGEMENT NEWS...
April 15th, 2019 | Company Profiles, HR, Marine Insurance, P and I Clubs, Person Profiles | Read More

American Club member alert (April, 12, 2019) Re – First Quarter 2019 Maritime Piracy Update

American Club member alert (April, 12, 2019) Re – First Quarter 2019 Maritime Piracy Update
AMERICAN CLUB MEMBER ALERT (April 12, 2019) RE – FIRST QUARTER 2019 MARITIME PIRACY UPDATE  APRIL 12, 2019   FIRST QUARTER 2019 MARITIME PIRACY UPDATE The International Chamber of Commerce (ICC) International Maritime Bureau (IMB) has released its most recent report, Piracy and Armed Robbery...
April 12th, 2019 | Corruption, Marine Insurance, P and I Clubs, Piracy and Terrorism | Read More

American Club circular no. 12/19 – US Sanctions on Venezuela: Risks for non-US persons concerning transactions with PDVSA

American Club circular no. 12/19 – US Sanctions on Venezuela: Risks for non-US persons concerning transactions with PDVSA
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club AMERICAN CLUB CIRCULAR NO. 12/19 – US SANCTIONS ON VENEZUELA: RISKS FOR NON-US PERSONS CONCERNING TRANSACTIONS WITH PDVSA APRIL 12, 2019   CIRCULAR NO. 12/19   TO MEMBERS OF THE ASSOCIATION   Dear...
April 12th, 2019 | Corruption, Marine Insurance, P and I Clubs, Sanctions | Read More

Bunker quality, safety management & early intervention top the agenda at North P&I Greek seminar

Bunker quality, safety management & early intervention top the agenda at North P&I Greek seminar
North P&I’s Gordon Robertson, Director (Greece) and Tony Allen, Director (Greece) Bunker quality, safety management & early intervention top the agenda at North P&I Greek seminar 10 April 2019 – North P&I Club put bunker quality issues and safety management centre-stage at...
April 10th, 2019 | Bunkering, Events, Conferences,Forums and Symposiums, Maritime Education and Training, P and I Clubs, Regulatory | Read More

North P&I Club’s Captain Savraj Mehta honoured with Indian National Maritime Day Award

North P&I Club’s Captain Savraj Mehta honoured with Indian National Maritime Day Award
Amitabh Kumar, Director General of Shipping, Govt of India, presenting award to Captain Savraj Mehta, Chief Underwriting Officer, North P&I Club North P&I Club’s Captain Savraj Mehta honoured with Indian National Maritime Day Award 8 April 2019 – India’s National Maritime Day Celebrations...
April 8th, 2019 | Anniversaries, Awards, P and I Clubs | Read More

American Club circular No. 10/19 – Recent US Government advisories concerning Iran, North Korea and Syria

American Club circular No. 10/19 – Recent US Government advisories  concerning Iran, North Korea and Syria
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club MARCH 27, 2019, CIRCULAR NO. 10/19 TO MEMBERS OF THE ASSOCIATION Dear Member: RECENT US GOVERNMENT ADVISORIES CONCERNING IRAN, NORTH KOREA AND SYRIA The US government has recently issued the attached advisories in...
March 27th, 2019 | Marine Insurance, P and I Clubs, Sanctions | Read More

American Club managers enhance global services team with new senior appointments

American Club managers enhance global services team with new senior appointments
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club Attorney Margaret Lee appointed as Lead Counsel, based in New York Joanna Koukouli appointed as Deputy Global Claims Director and Joint Managing Director of the Piraeus office Marivi Banou appointed as P&I...
March 26th, 2019 | Company Profiles, P and I Clubs, Person Profiles | Read More

Subsea cables: Preventing and minimising claims against fishing vessels

Subsea cables: Preventing and minimising claims against fishing vessels
Over the past two years, the Club has seen eight damage to property claims allegedly caused by the snagging of fishing gear on subsea cables. Although the number of claims is reasonably low, due to the nature of the property suffering damage, the quantum of such claims is invariably high, sometimes reaching...
March 22nd, 2019 | P and I Clubs | Read More

American Club – circular no. 09/19 – Management News

American Club – circular no. 09/19 – Management News
Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club  MARCH 21, 2019   CIRCULAR NO. 09/19   TO MEMBERS OF THE ASSOCIATION Dear Member:   MANAGEMENT NEWS Your Managers are pleased to announce several recent appointments which have been made to enhance...
March 21st, 2019 | Company Profiles, P and I Clubs, Person Profiles | Read More