Released by Australia, Containership APL England Sails to China for Repairs
Singapore-flagged containership APL England, detained in Australia after losing dozens of containers off the country's southeastern coast in May, has been released and is sailing to China for repairs, the Australian Maritime Safety Authority (AMSA) said Friday.The ship departed the Port of Brisbane without cargo and with a new master after AMSA's inspectors attended the ship and determined it is fit to sail. The ship’s previous master who is facing multiple charges relating to the incident…
APL England Captain Charged Over Lost Containers
The master of Singapore-flagged APL England is facing charges in Australia after the vessel under his command lost dozens of containers overboard in rough seas off the coast of Sydney last week.The offences relate to pollution and/or damage of the marine environment as a result of poor cargo loading, the Australian Maritime Safety Authority (AMSA) said.The 5,510 TEU capacity APL England had been en route from Ningbo, China to Melbourne last Sunday when a temporary propulsion loss left the 277-meter vessel rolling in heavy seas…
Coronavirus Places Shipping on High Alert
The Wuhan coronavirus outbreak has placed the shipping industry on high alert amid a rising death toll in China and reports that the fast-spreading illness is reaching new shores.The flu-like coronavirus, first identified in Wuhan, Hubei Province, China on December 31, has killed more than two dozen people in China and is believed to have infected more than 900 worldwide, according to several media reports. Cases have been confirmed in Beijing, Shanghai and Guangdong, and internationally in travelers returning from China to Japan…
Hong Kong Grants Licence to Steamship Mutual
Protection and indemnity club Steamship Mutual P&I Club has been given a licence in Hong Kong by Hong Kong Insurance Authority , its third in the Far East after Singapore and Tokyo."Hong Kong Insurance Authority has formally authorised the Club to establish a Branch in Hong Kong from 17 August 2018," said a press statement.Steamship Mutual is the first P&I Club to gain authorisation from the independent statutory authority, which commenced operation in 2017.The Club has maintained a presence in Hong Kong for almost 30 years…
Seafarers UK Appoints Corporate Fundraising Manager
Mairéad Ní Cheóinín has been appointed to Seafarers UK as the charity’s new Corporate Fundraising Manager where her focus will be on engaging with the commercial maritime sector. Mairéad brings a wealth of business development, marketing experience and industry knowledge to the position from her previous roles, working with Steamship Mutual P&I, TradeWinds, Informa PLC in London and the Irish Maritime Development Office in Dublin. Mairéad joins the grant-giving, campaigning and fundraising charity at an exciting time…
Training Program Focuses on Crew Health
Videotel, part of KVH Industries, has produced a series of 10 programs with accompanying workbooks that explore the many aspects of crew health onboard. The “Healthy Living at Sea” series highlights many important areas, including the benefit of eating a balanced diet, regular exercise, disease prevention, and proper working patterns to avoid fatigue and stress. “In today’s tough climate, ship owners and ship managers cannot afford any downtime in a ship’s operations, so maintaining a full complement of healthy crew is vitally important,” says Joe Pitcher, Videotel sales director.
Brexit Prompts Ship Insurers to Mull New Outposts
U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial market, industry sources involved say. Britain dominates the global marine insurance market and losing access to specialist Protection and Indemnity (P&I) clubs - marine insurers owned by shipping firms - could further weaken other parts of its multi-billion pound shipping services sector.
Steamship Mutual Reports Strong Claims Performance
Following the Club’s Board meeting in Mumbai on January 24th, the Club has reported that the free reserves are expected to increase at the end of the policy year. Excellent underwriting performance continues with a positive investment return adding to the projected surplus. The Club has benefited from a benign claims environment with a low incidence of both large and small claims. At this early stage the development of claims in the current policy year is significantly lower than at the same point in recent years both in severity and in number.
A Look at Shipping's Cyber Security Risks
As part of Steamship Mutual’s loss prevention initiatives, the Club has released their latest DVD ‘Cyber Security: Smart, Safe Shipping’ highlighting the implications of a potential cyber security breach for a shipping company. All businesses rely heavily upon computer systems to sustain their operations. These systems improve operational efficiency and capability, but they can be vulnerable to the risk of being compromised by cyber-attack. Such attacks can take various forms, and if that risk of attack materialises, operational effectiveness can be seriously compromised.
S&P Raises Steamship Mutual outlook to Positive
Poor’s has revised its outlook on Steamship Mutual to Positive from Stable. The A- financial strength rating has been reaffirmed. • the rating could be revised to A if a longer track record of extremely strong capital and stable earnings is demonstrated. “The Club’s underwriting performance and capital strength compare very favourably with the highest rated Clubs in the International Group. The Board is committed to maintaining this strong position which gives security to the Club’s Members.
Steamship Mutual Launches Loss Prevention DVD
The Managers have released, on September 22, 2015, the Club’s latest loss prevention DVD – 'Fit for Life'. The launch took place at a premiere screening of the film at the Barbican Center, central London before an invited audience of a number of the Club’s Member, broker and professional contacts who are actively involved in raising awareness of crew health. This DVD, produced with the financial support of The Ship Safety Trust, is directed towards improving the health and fitness of seafarers for the ultimate benefit of those individuals, their families and their employers.
Steamship Reports Strongest Results
The Steamship Mutual Underwriting Association (Bermuda) achieved a combined ratio of 78.6% for the 2014-2015 policy year, one of the strongest results in its 100-plus years of existence. Free reserves increased by US$75 million to US$376.2 million and the financial year combined ratio was 78.6%, one of the strongest results in the Club’s history. For the 2014/15 policy year, when compared to the preceding year, the Club again experienced fewer claims in the layers below US$250,000 but the average cost of such claims rose by 7%.
Ebola Safety Video Launched for Mariners
KVH Industries, Inc. is offering Videotel's new video about Ebola safety free to all mariners worldwide in an effort to increase awareness of the prevention measures that can help keep seafarers safe. KVH has created a website, www.kvh.com/EbolaSafety, for mariners to download the free video and an accompanying workbook. In addition, KVH delivered the video program to its IP-MobileCast customers on vessels across the globe, who will automatically receive the video for immediate viewing onboard.
Ebola Fears Hit the Maritime Market
Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus. Ebola has killed more than 3,400 people in Guinea, Sierra Leone and Liberia, and its spread has become a global concern -- with worries for trade, which could affect the airline and tourism industries together with seaborne activity. The virus is already threatening to disrupt logistics activity…
Steamship Mutual: Return to Positive Underwriting Results
Steamship Mutual has released its financial results following approval of its 2013/14 Report & Accounts by the Board of the Club. The club achieved a financial year combined ratio of 96.7%, whilst maintaining a low risk investment strategy during the year (the combined investment portfolio recorded a modest 0.9% gain of US$8.4 million). Total cash and investments increased by 3.1% to US$973.8 million and free reserves by US$15 million to US$301.2 million. When compared to 2012/13…
Steamship Mutual: US Vessel Response Plans – Contingency Plans
Washington State – Alaska – Non tank final rule & Washington State – Contingency Plan requirements. We refer to our circular no. B.613. As stated in that circular, every tank vessel and every other vessel over 300 GT is required under State law to file a contingency plan prior to entry into the waters of Washington State but that instead of filing his own plan an owner can subscribe to an umbrella oil spill contingency plan. Since publishing the abovementioned circular, Washington…
Steamship Mutual Set 10% Premium Increase for 2014
At their board meeting on October 22, the directors of the Steamship Mutual reviewed the club’s open policy years, as well as claims in earlier years, and considered the premium ratings required for the 2014 policy year. On the basis of owned claims reported to date, the overall value of claims for the current policy year is expected to be high, continuing the trend of recent years. It was noted that the total value of claims in the layer up to $250,000 is marginally below last year…
Industry, Government Collaborate on Long Island Sound Casualty Simulation
On September 17, McAllister Towing and Reinauer Transportation will be partnering with the U.S. Coast Guard Sector Long Island Sound and Sector New York in a major simulated marine accident and pollution incident on the waters of Long Island Sound. Responders will be faced with a simulated grounding and subsequent oil spill impacting the waters and shoreline of Connecticut and New York. The exercise is part of the National Preparedness for Response Exercise Program (PREP), a voluntary…
New Insurance Product Attracts Quality Crew
In the superyacht industry, it is particularly well understood that good relationships between owners and their crew have a direct impact on how well yachts are run, and the quality and consistency of the charter service offered. An important new insurance product, Crewsure Marine, which assists owners and managers in protecting the health and wellbeing of their crews and so meets forthcoming legal obligations under the recently ratified Maritime Labor Convention (MLC) is now being aimed at this unique sector of the market.
Steamship Mutual Mobile Applications Enhancements
In 2012, Steamship Mutual and The Ship Safety Trust launched a Mobile App for i-phone and i-pad, which has proved very popular and enhanced the service the Club provides to its Members. The Club has now launched an Android version of the App, which will allow more of its Members and others to enjoy the extra benefits of useful and up to date information on the move without the need to be on-line. The free App is primarily for the benefit of the Club’s Members but it will also be an aid to anyone interested in maritime affairs.
Cruise Ships Under Special 2013 MoU Scrutiny
The Paris MoU Port State Control Committee's Harmonized Verification Programme (HAVEP) on passenger ship operational safety controls will last throughout 2013. Steamship Mutual advises its members to prepare for Port State Control Inspections, pointing out that passenger ferries and passenger high-speed craft are excluded from the HAVEP. During the HAVEP, Port State Control Officers (PSCOs) will witness an operational control comprising a standard emergency scenario which will include a simulated machinery/other space fire…
Buckley McAllister named President of McAllister Towing
McAllister Towing is pleased to announce that Buckley McAllister has been promoted to the position of President. Captain Brian A. McAllister, President of the Company since 1984, will remain as Chairman. Buckley McAllister joined McAllister Towing in 1998 and has served as the company’s Vice President and General Counsel since that time. Prior to joining McAllister Towing, Buckley was an Associate at Hill, Betts and Nash LLP. He is a member of the bar in New York, California and a number of federal jurisdictions.
Videotel Launches Prevention Training Series
Accident investigation is a painstaking and often painful process and, more often than not, theoutcome is a raft of new policies and measures to avoid reoccurrence. Yet, if well thought out and established company procedures are followed in the first place, tragic consequences can be avoided. In response to the renewed focus on training in this area Videotel has launched a new training series, Leadership and Team Working Skills, which takes as its foundation the importance of good resource management and how it can be achieved.
Champions of Maritime Excellence
Companies, organisations and individuals that have championed high standards and quality in shipping issues have been honoured in the annual Seatrade Middle East and Indian Subcontinent Awards. The awards, recognising maritime safety and the environment, ship and port operations and efficiency, security and financing, were presented at a gala dinner attended by around 600 senior executives of the region’s maritime and related industries at Al Johara Ballroom, Madinat Jumeirah, Dubai, on Thursday.