Valuable Lessons Learned – the Hard Way. Unfortunately, vessel collisions on America’s busy (but too often overlooked) inland waters have been a fact of life for a very long time. With towboats, barges, ferries, oceangoing vessels and recreational…
A new publication from the UK P&I Club “How to prevent tanker cargo shortage claims” and subtitled “The cause of claims and how to avoid them during pre-loading, loading and unloading” focuses on one of the major sources of cargo-related claims in the tanker sector…
Construction is a complex business. Equipment can break down; employees can be injured; a project can go awry in unexpected ways. Add a marine element to the work underway, and the pitfalls that a contractor must navigate to manage risk become even more challenging…
In a year where globally we are seeing more natural disasters, including earthquakes in New Zealand and Chile, floods in Australia, and a tsunami in Japan, an important question for businesses relying on goods and services from suppliers in…
The latest addition to the American P&I Club’s e-learning tools deals with the highly topical issue of entry into enclosed spaces onboard ship. The Case of the Silent Assassin reveals the hazards of entering enclosed spaces, which has already caused fatalities despite being a routine activity…
THE London P&I Club has set a general increase of five per cent in annual P&I call rates for the 2012/2013 policy year. Commenting on the background to the decision, Ian Gooch, chief executive of the club’s management team, says, “Prior open policy years are developing in line with expectations…
The American Club is seeking a 5% increase in all classes of premium (mutual and fixed-premium) for both P&I and FD&D for the 2012 policy year that starts on February 20 next. • S&P rating upgrade• Steady growth in tonnage continues• Solid…
With the increasing use of armed guards on ships and the fear that second-rate security firms may take advantage of the piracy situation, BIMCO is forging ahead with the development of a standard contract for the employment of armed guards. The new contract…
The Inland Marine Underwriters Association (IMUA) announced it will be presenting for the first time AMIM 122, a 12-part comprehensive study of the primary inland marine classes of business, in webinar format beginning in the first quarter of 2012…
Seven directors were elected to the Board of the UK P&I Club at its AGM in Athens on the 27th October. Biographical details: brahim Güngen: Chief Executive Officer of Güngen Maritime & Trading A/Ş, Ankara, Turkey After obtaining a postgraduate degree in industrial engineering…
Damage to World Economy. “At last, governments are being stung into taking positive action to put an end to the menace posed by pirates, whether they be from Somalia or elsewhere. Not before time, there is a growing realisation that piracy…
THE London P&I Club has warned that shipowners face a significant increase in exposure to claims and fines levied against them in jurisdictions which suffer from a combination of high interest rates and a reputation for protracted legal proceedings…
Michael Else & Company, manager of the Charterers P&I Club and Transmarine, has launched a new product to provide innovative insurance solutions worldwide for small and medium-sized multimodal transport operators and shipping intermediaries such as freight forwarders…
International Transport Intermediaries Club (ITIC) has emphasised the importance of shipmanagers using the right contracts and having appropriate insurance in place to cover the legal costs of defending even weak claims. In the latest edition of its Claims Review…
London Club says owners must not accept exemptions from IMSBC code for DRI cargoes. THE London P&I Club has urged shipowners to be alert to any attempt by shippers and other cargo interests to claim exemptions from the International Maritime…
