Insurance

  • Safe Loading and Carriage of Containers

    The Club has recently received a number of enquiries concerning the carriage of containers on vessels not primarily designed to carry containers on deck and/or inside cargo holds, such as bulk carriers and general cargo vessels. The Club is aware of at least one instance where carriage of containers in this manner on a bulk carrier has resulted in a container stack collapse within the hold, necessitating a return to port in order to restow the containers.

     

  • AMSA – Focused inspection campaign – Safety Of...

    Every year the club sees several navigation related incidents which have a potential to become high value claims and impact safety of life and property and damage to environment and reputation. These incidents are not limited to any specific ship-type and can have a catastrophic ramification.

     

  • CJC acquires CTRL Marine Solutions from The...

    Campbell Johnston Clark (CJC) has agreed to acquire CTRL Marine Solutions from Shipowners’ Mutual Protection Ltd. The acquisition underlines the importance of P&I work to CJC, whilst further enhancing the firm’s position at the forefront of providing bespoke legal and technical services to P&I Clubs and their members.

     

  • Lack of shore leave causing distress to many,...

    The Mission to Seafarers has published the latest Seafarers Happiness Index report for the second quarter of 2021, painting a grim picture of seafarer welfare with overall happiness dropping to an all-time low since the beginning of the COVID-19 pandemic.

     

  • Britannia P&I publishes first sustainability...

    With its inaugural sustainability report, Britannia P&I is defining the starting position of its sustainability initiative and roadmap for the future. The report outlines how Britannia P&I is embedding the management of climate related risk into its business strategy and integrating sustainability into its core processes.

     

  • A guide to mental health at sea

    Seafarer wellbeing has been a focal topic for Standard Club in recent years, particularly during the Covid-19 pandemic and we are always heartened when we see other organisations echoing this belief and doing more for seafarers in this aspect.

     

  • Standard Club: Directors’ Report for the year...

    The technical account shows a profit of $99.898, with an overall profit of $13.579, compared with the period ended 2020 which produced a technical loss of $1.727.742, with an overall loss of $1.775.484. Gross calls, before reinsurance, decreased from $21.048.177 in 2020 to $586.321 in 2021 and gross claims paid decreased from $22.978.970 in 2020 to $5.532.952 in 2021. Gross provision for claims decreased from $8.465.403 in 2020 to $1.975.343 in 2021. Net of reinsurance, the claims in the technical account were a net credit of $59.375 in 2021, compared with a net cost of $1,082,639 in 2020.

     

  • Tindall Riley & Co Limited and Britannia P...

    Richard Heppell has been appointed as Chief Financial Officer Designate for Tindall Riley & Co Limited and Britannia P&I. Richard joins on 6 September, having recently served as the CFO for Neon, the specialist insurer and Lloyd’s managing agent.

     

  • As disasters multiply, container ship insurers...

    A series of major loss events involving container ships in recent months — including a sudden surge in containers lost overboard in the North Pacific region in late 2020 and early 2021, the grounding of the Ever Given in the Suez Canal in March and a fire that destroyed the X-Press Pearl off the coast of Sri Lanka in June — has highlighted the risks to companies that insure ever-larger vessels.

     

  • North P&I Club appoints Nick Wolfe to drive...

    Global marine insurer North P&I Club has reaffirmed its drive for diversification by appointing Nick Wolfe as Deputy Global Director (Underwriting), reflecting a significant expansion in his leadership role in developing the diversification strategy.

     

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Carriage of containers on dry bulk carrier

The container shipping markets and trades have recently seen an unprecedented demand for container vessels. However, due to the growing pressure on container slot availability with demand exceeding the current supply on container vessels on specific routes, exporters are looking at alternative vessels to fulfil carriage commitments.

 
English

Safe Loading and Carriage of Containers

The Club has recently received a number of enquiries concerning the carriage of containers on vessels not primarily designed to carry containers on deck and/or inside cargo holds, such as bulk carriers and general cargo vessels. The Club is aware of at least one instance where carriage of containers in this manner on a bulk carrier has resulted in a container stack collapse within the hold, necessitating a return to port in order to restow the containers.

 
English

AMSA – Focused inspection campaign – Safety Of Navigation

Every year the club sees several navigation related incidents which have a potential to become high value claims and impact safety of life and property and damage to environment and reputation. These incidents are not limited to any specific ship-type and can have a catastrophic ramification.

 
English

CJC acquires CTRL Marine Solutions from The Shipowners’ Club

Campbell Johnston Clark (CJC) has agreed to acquire CTRL Marine Solutions from Shipowners’ Mutual Protection Ltd. The acquisition underlines the importance of P&I work to CJC, whilst further enhancing the firm’s position at the forefront of providing bespoke legal and technical services to P&I Clubs and their members.

 
English

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