In the early hours of Saturday 9th August 2014, the radar of a product tanker transiting south, 200 nautical miles off the Nigerian shoreline detected a probable pirate mother ship lying in wait close to its track. Shortly after detecting the vessel…
The North P&I club has warned its members to check their new ships very carefully before accepting delivery. The club said in the latest issue of its loss prevention newsletter Signals that it has become aware of several of instances of potentially…
New program offers customized cover backed by Lloyd’s securityEagle Ocean Marine, a fixed-premium P&I facility operated as a joint venture between a number of Lloyd’s syndicates and the American Club, has established a dedicated program…
Diversified marine insurer Skuld informs that fraudsters have sought to obtain payment for alleged services provided for alleged pollution matters and clean-up work. Furthermore, it is understood that the Port of Fujairah has warned (Port of Fujairah website and its Notice No…
The American Boat & Yacht Council (ABYC) is now offering a new membership category designed for insurance companies and law firms operating in the marine industry. Since settling disputes, assigning subrogation, various litigation scenarios…
The American P&I Club has added to its library of e-learning modules released in cooperation with IDESS IT in the Philippines. The new module covers compliance with The Code of Practice for the Safe Loading and Unloading of Bulk Carriers (BLU Code)…
John M Lyras, Chairman of the London P&I Club, has called for concerted international action on the provision of places of refuge for ships involved in casualties.Writing in the club’s 2014 Annual Report, Lyras commented, “Nearly twelve years after the Prestige disaster…
'Garnishment' is the legal term relating to the collection of a monetary judgement on behalf of a claimant from a defendant. In the Philippines, this routinely occurs before the case has concluded and is central to the UK P&I Club Members' many concerns relating to crew claims in this jurisdiction…
John Wilson, a figure in Asia's marine surveying and consultancy community, has been recruited by Shipowners Claims Bureau, Inc. (SCB), managers of the American Club. Wilson will join SCB’s Hong Kong office as director – technical services, Asia…
The American Club reported progress during 2013 at the annual meeting of its members held in New York today. Despite difficult business conditions, including those intrinsic to an anemic maritime sector hampered by faltering growth in global trade…
February 20, 2014 not only marked the end of The Standard Club’s financial year, but also revealed evident improvement. The club’s combined ratio strengthened to 101%, from 113% in 2013. Gross premium income net of reinsurance increased by $22m to $253m…
According to estimates, of the nearly 475m metric tons of rice produced globally in 2013, the largest producers were China (30% of the total) and India (22%). However, most of the rice produced in these countries is consumed domestically. By contrast…
Andrew Squire, Chief Executive of London Offshore Consultants (LOC) welcomed Captain Nick Haslam to the newly created Board position of Group Director, Shipping Services.'Nick’s crucial new global role will involve working closely with the…
The UK P&I Club has issued a 'Legal Briefing' to share its legal expertise and experience on the stricter air pollution regulations that are on the horizon.By 18th June 2014 all European Union member states are expected to implement directive 2012/33/EU…
Leaders of the maritime industry will convene in Washington, D.C. on June 19 with representatives of the relevant government agencies to have a dialogue addressing concerns with, and ways to improve, the recently published draft National Preparedness for Response Exercise Program (NPREP) guidelines…