Insurance

  • Virtual AGM closes a chapter for The Swedish Club

    The Swedish Club ended its 2021 AGM on a high note as it looked ahead and welcomed the future. For the second time in its history the AGM was run virtually from Gothenburg, with members and business partners joining the event remotely. This closes a chapter for The Swedish Club, as plans are already in place for the 2022 AGM, which will take place in Gothenburg and will be a celebration of the Club’s 150th Anniversary.

     

  • Drug smuggling on bulk carriers out of Brazil on...

    Further to the club’s article on ‘smuggling fines, breach of customs regulations and operational best practice’, the local correspondents in Brazil (Proinde) have reported a surge of drug smuggling incidents, particularly on bulk carriers out of Brazil.

     

  • Standard Club: Review of open policy years

    In the recent renewal, 93% of the membership renewed their Strike & Delay cover, with an overall increase of 6.5% on expiring rates achieved through a combination of premium uplift and adjustment of terms. Despite the notable challenges caused by the COVID-19 pandemic, the class attracted new owners and members throughout 2020 and added more at the start of the 2021/22 year. The Class now has more than 2,000 ships are on risk.

     

  • UK Club issues crew health advice on panic...

    In collaboration with I.M.E.Q., Sophia Bullard, Crew Health Director at UK P&I Club, discusses the prevalence of stress and panic attacks for seafarers, and looks into how anxiety disorders can be alleviated:

     

  • Once in a lifetime opportunity for new head of...

    As the world slowly recovers from the restrictions of the Coronavirus pandemic and begins to look ahead, The Swedish Club is delighted to announce the appointment of a new Area Manager to take its Team Piraeus office into the future.

     

  • UK P&I: Pilots, VTS had control over Ever...

    Insurer UK P&I Club pushed back against recent claims by the Suez Canal Authority regarding the vessel's speed and the master's maneuvering decisions. In particular, UK Club asserted that the Suez Canal Authority's pilots and traffic management services exert a measure of control over marine traffic within the waterway. 

     

  • X-Press Pearl fire highlights duty of care...

    The X-Press Pearl’s sad fate is the latest in a disappointing recent and persistent catalogue of container ship fires of varying degrees of severity, which occur on an almost weekly basis. The vast majority of these are initiated by a cargo of a hazardous nature. One estimate puts the number of mis- or undeclared dangerous cargoes in excess of 150,000 containers a year – each of which has disastrous potential. While still to be fully investigated, the catalyst for the inferno on the X-Press Pearl has been asserted to be a leakage of nitric acid, which was correctly declared but apparently incorrectly packaged or packed.

     

  • Do not depart port without knowing the final...

    Car carriers are on a tight schedule with quick port rotations and operate in a very different manner when compared to other vessel segments such as tankers and bulk carriers, where the cargo planning is done onboard. On car carriers, it is the shore side that does it with no involvement of the ship’s crew, whose role is limited to ensuring that the vessel can achieve adequate stability based on the proposed pre-stowage plan, and this is typically done by adjusting the ballast onboard.

     

Pages

Shipment of project and equipment cargoes

Although the Code of Safe Practice for Cargo Stowage and Securing (the “CSS Code”) defines many common cargoes, there is no clear definition of project and equipment cargo. The types of project and equipment cargoes vary, and they are normally carried by multipurpose vessels or semi-submersible vessels which are specially designed for large and heavy project cargoes. However, using general cargo ships or bulk carriers to carry project cargoes is not uncommon either.

 
English

Standard Club PEME scheme

The club’s PEME scheme initially focused on clinics operating in the Philippines before expanding in 2019 to include Indonesia, India and Ukraine. These jurisdictions were selected because, between them, they represented almost 55% of all crew claims received, based upon a review of the club’s claims data between 2010 and 2015.

 
English

Shipping insurance data and collaboration

The use of data and technology in the marine insurance industry has taken great forward steps in the last decade. In an industry often portrayed as being more comfortable with tradition rather than disruption, there is a realisation that the vast amount of information available out there has huge value – if properly harnessed.

 
English

Pages

Top