P&I Clubs News

 

Boskalis to Transport Johan Sverdrup Platform Modules

Apr 01, 2016

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser platform and the topside of the processing platform for the Johan Sverdrup project offshore Norway…

Swedish Club: Consistent Underwriting in Challenging Year

Mar 31, 2016

The Swedish Club reported to its board today that it has achieved a consistent 2015 underwriting performance with financial stability and cost-efficient quality services for its members. It delivered a balanced underwriting result, despite higher claims activity and increased volatility…

Ship Insurers Plug Hole in Iran Oil Cover Left by US Sanctions

Mar 22, 2016

Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington's sanctions, according to officials involved in the initiative. International…

Swedish Club Report Shines Light on Vessel Claims

Mar 16, 2016

The life of seafarers is never straightforward, and as a new report from the Swedish Club shows, the hazards and job complexities they face are very much dependent on the type of vessel they find themselves crewing. In P&I Claims Analysis…

Argentina Sinks Chinese Ship

Mar 16, 2016

Argentina's coast guard has sunk a Chinese trawler that was fishing illegally within its territorial waters, the coast guard said on Tuesday, marking a first test for relations between recently elected President Mauricio Macri and Beijing.  The…

North P&I Club Boost Loss Prevention Team in Asia Pacific

Feb 29, 2016

North P&I Club has boosted its loss-prevention presence in the Asia Pacific. Loss prevention executive George Cuthbert moved to Singapore from North’s head office in Newcastle this month to work alongside loss prevention executive Aniruddha Desai…

Britannia and UK P&I Clubs in Merger Talks

Feb 25, 2016

The boards of the Britannia Club and the UK P&I Club announced today that the two groups are in merger discussions. The boards of the Clubs will now begin a process to determine whether the merger is possible and delivers appropriate benefit to their respective Memberships…

North P&I Club Grows Despite 'Difficult' Renewal Period

Feb 23, 2016

North P&I Club is stronger after its annual renewal on February 20, 2016, further consolidating its position as one of the leading members of the International Group of P&I Clubs. According to chairman Pratap Shirke, ‘As part of North's ongoing strategy to refine its membership…

North P&I Club Retains S&P A Rating

Feb 02, 2016

Ratings agency Standard and Poor’s (S&P) has given North P&I Club an ‘A’ financial strength rating and stable outlook for the 12th consecutive year, and increased its financial flexibility rating from adequate to strong. The ratings also apply…

P&I Clubs Warns: Potentially Lethal Refrigeraton Gas Risks

Jan 26, 2016

The 175 million GT, ‘A’ rated North P&I Club has joined forces with the Shipowners’ Club to publish a technical loss prevention briefing on how to minimize potentially lethal gas risks arising from poor operation and maintenance of refrigeration systems on fishing vessels…

MSC Monica Refloated

Jan 26, 2016

Panama-flagged container ship MSC Monica, which ran aground on the St. Lawrence River near Saint-Laurent, Quebec city, Canada on January 22, was refloated, according to the Transportation Safety Board of Canada (TSB). The 43,618 dwt container vessel was sailing from Montreal to St…

UK P&I Club Appoints Singapore Regional Advisor

Jan 25, 2016

The UK P&I Club announced the appointment of Mr Lee Wai Pong, who is joining the UK P&I Club in Singapore as a Regional Advisor.  Wai Pong is a qualified Master Mariner, a retired Commanding Officer (Reservist) from the Republic of Singapore Navy…

UK P&I Club Aids ‘Wellness at Sea’ Program

Jan 22, 2016

The UK P&I Club announced it will be supporting the Sailors’ Society Emotional Wellness training module within its Wellness at Sea coaching program. The training, the second in a set of five modules, is designed to improve emotional wellbeing…

North P&I Publishes Loss Prevention Guide on Bulk Cargoes

Jan 20, 2016

The 175 million GT, ‘A’ rated North P&I Club has published a major new guide for the international shipping industry on how to reduce losses when carrying bulk cargoes by sea. The 280-page Bulk Cargoes: A Guide to Good Practice adds to North’s…

Shipowners Advised on Managing the Cost of US Healthcare

Jan 18, 2016

When a crew member, passenger or other maritime worker onboard a ship falls ill or is injured, the cost of treatment is difficult to predict. The quality of care in the United States is generally regarded as high, yet the cost of treatment is inconsistent from hospital to hospital…

Logistics News

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Turkey Halts All Trade with Israel

Turkey Halts All Trade with Israel

Young Brothers Is First in the US to Use Innovative Mooring System

Young Brothers Is First in the US to Use Innovative Mooring System

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

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