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American Club

Witte Named Chairman of the American Club

J. Arnold Witte Sr., President and CEO of Donjon Marine, Co., Inc. has been named Chairman of the American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club). The Club, established in New York in 1917, is a member of the International Group of Protection and Indemnity (P&I) Clubs, a collective of 13 mutuals, which together provide P&I insurance for some 90% of all world shipping. In addition to Mr. Witte’s duties with Donjon and the American Club, Mr. Witte Sr. is a Past President of the American Salvage Association (ASA), as well as a Past President and current Vice President of the International Salvage Union (ISU).


American Club Gets S&P Rating Boost

American Club logo

Under Standard & Poor’s Ratings Services’ latest review, the American P&I Club’s financial strength rating has been raised a full notch from BB+ to BBB-, an investment grade, with a stable outlook. This action follows a comprehensive review of the club’s current and prospective circumstances by reference to S&P’s new criteria for the rating of insurance companies which it has now extended to 14 marine mutual insurers.


American Club Raises Premium Levels for 2002

In a move to return premium rating to levels more in line with current and expected claims exposure, allied to the need to maintain the club’s future financial strength, the directors of the American Club have advised members of rate increases for the 2002 policy year. A general increase of 12.5 percent will apply to all expiring advance call premiums as of February 20. In addition, the estimated supplementary call for 2002 will be raised from 25 percent to 40 percent of the advance call


American Club Sets 17.5 Percent General Increase in P&I Rates

The American P&I Club has announced a general increase of 17.5% in total premium for its P&I business for the 2004/2005 policy year following a meeting of the directors in Copenhagen. Any increase in the cost of the International Group’s reinsurance programme, which has not yet been determined, will also apply. As usual, and in line with other mutual clubs, individual members’ premium ratings will be adjusted in accordance with their loss records.


Following the Path of the Transport Revolution

Photo credit: Captain Katharine Sweeney

TT Club, established to fill a gap in insurance as the freight container revolutionized trade, celebrates 45 years dedicated service to the transport and logistics sector. In 1956, the first strengthened containers were loaded onto a spar deck of the converted tanker, Ideal X. This marked the fulfilment of a dream for American trucker Malcom McLean who had, since 1937, been working on how to reduce the long waiting hours for dockers to stow or unload his vehicles onto or off ships


American Club Reports Strong Renewal

The American Club, the only mutual protection and indemnity insurer domiciled in the Americas, has  revealed very positive overall results for the February 20 renewal season.   Tonnage entered for owners’ P&I risks increased by over 11% year-on-year as at February 20, while that entered for defence risks grew by over 30%. There was an overall premium increase of slightly under 8% for P&I on renewing tonnage, and nearly 6% for the club’s defence class


P&I Club Celebrates 21 Years in Germany

Dr Matthias Reith, director of German bulk carrier owner Orion Schiffahrtsgesellschaft Reith & Co of Hamburg, helped the North of England P&I club celebrate 21 years of working with the German shipping industry today. Speaking a major industry reception organized by the club at the Zipplehaus restaurant in Hamburg, Dr Reith said 'In 1982 Orion became the first company from Germany to join the North of England. The club now insures 36 fleets in Germany and works with 11 of the German-based


Timmel Named International Maritime Person of the Year

Captain John C. Timmel, president and executive director of the American Victory Mariners Memorial & Museum Ship and harbor pilot with the Tampa Bay Pilots Association, has been named "International Maritime Person of the Year" by the Propeller Club of the United States. "It is an honor to receive such a prestigious award from my peers that acknowledges not only my efforts, but also the efforts of many," said Timmel.


HyMar to Win Award at Mansura Trophy Ceremony

The EU Hybrid Marine (HyMar) Project - a collaborative research project led by the International Council of Marine Industry Associations (ICOMIA) funded under the EU's Seventh Framework Research Program - will receive an award at the Royal Thames Yacht Club’s Mansura Trophy Awards Ceremony on March 21, 2013 at the Royal Thames Yacht Club. The primary aim of the HyMar project was to provide reliable and practical information about the effectiveness of marine hybrid propulsion in small


American Club Issues Steel Cargo Warning

AMER CLUB MSTR Logo.JPG

The American P&I Club has updated its advice to members on the handling of steel cargoes. It has done so in consequence of some recent cases where the absence of pre-loading surveys increased the cost of steel cargo claims on discharge. It first raised the problem in a March 2002 circular, making extensive recommendations so as to minimise the prospect of spurious steel cargo claims. In a new circular, Shipowners Claims Bureau, Inc


Hazard Awareness Competition for Seafarers Launched

  In an initiative to raise awareness of potential hazards at sea, The Standard Club and the International Chamber of Shipping (ICS) have joined forces to launch a ‘Spot the Hazard’ competition open to any seafarer worldwide


Steamship Reports Strongest Results

Image: Steamship Mutual Underwriting Association

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


Boaterz n Bikerz Hull of a Tour Launches Freedom Ride

The nine-day, 2000-mile motorcycle and boating tour attracted 30 members of the boating industry

  The Boaterz ‘n Bikerz Hull of a Tour² launch of “The Freedom Ride” throttled forward yesterday from Freedom Boat Club’s Marina Jack location in downtown Sarasota, FL.   The nine-day, 2000-mile motorcycle and boating tour attracted 30 members of the


MPT Launches Maritime Scholarship

Ted Morley (Photo: MPT)

Annual Maritime Professional Training scholarship program to provide local Boys & Girls Clubs of Broward County youth with opportunity to explore career in the professional maritime sector; grant to cover all necessary funding and associated costs for recipients to pursue their studies


4 Chaplains Foundation Recognizes Helix CEO

LR George DuBois; Capt. Tom Allen, U.S. Coast Guard Sector Jacksonville; Joanne Stopke; Art Thomas; Lisa Eckley-Thomas; Rear Adm. John Korn, Commander U.S. Coast Guard 7th District; retired Capt. Louis Cavaliere, U.S. Navy;

  On Thursday, March 19, 2015, Arthur H. Thomas, Sr., president and CEO of Helix Alliance, Inc., received the Chapel of Four Chaplains Legion of Honor Award. The award was presented by retired Capt. Louis Cavaliere, U.S. Navy, chairman of the Four Chaplains Memorial Foundation


Riverboat to be Christened in New Orleans

First Lady of New Orleans, Cheryl Landrieu, to Christen American Cruise Lines’ American Eagle riverboat   American Cruise Lines announced the christening of its second Mississippi River paddlewheeler, the American Eagle, on April 25, 2015 in New Orleans


Garamendi Calls for US Shipbuilding Revitalization

Were going to build in America and Make It In America one ship, two ships, one hundred ships at a time, Garamendi said at Bay Planning Coalition Meeting.

Congressman Garamendi Makes Case for Revitalization of American Shipbuilding Industry and American Jobs at Bay Planning Coalition Meeting in Oakland   Today, Congressman John Garamendi (D-Fairfield, Calif.), the Ranking Member of the House Committee on Transportation and


‘Beware the Big Ship Hype’ -TT Club

Phillip Emmanuel (Photo: TT Club)

TT Club’s Phillip Emmanuel has put into perspective some of the “sensationalism” surrounding the recent growth trend in containerships. Speaking during a plenary session of the TOC Asia Conference in Singapore on Tuesday, he advised ports and terminals to take a measured approach


Maritime Casualty Forum Held in Singapore

Speakers at the Asian Marine Casualty Forum listen to conference chariman, David Pockett (center). Photo courtesy of LOC

More than 250 shipping and insurance professionals gathered for the first ever Asian Maritime Casualty Forum held during Singapore Maritime Week.   The two-day conference, hosted by global marine and engineering consultancy London Offshore Consultants (LOC)


Shipoweners Warned to be Prepared for Migrant Rescues

The North P&I club has warned its shipowner members of the need to be properly prepared to meet their moral and legal obligations to rescue migrants at sea. In a new loss prevention briefing published today, North suggests some of the rescue practices and procedures that merchant ships should


London P&I Club Issues Recommendations on Bauxite Cargoes

Dr Martin Jonas (Photo: London P&I Club)

The London P&I Club has issued a list of recommendations to owners contemplating the carriage of bauxite cargoes in the wake of renewed concerns about the dangers of cargo mis-declaration and potential liquefaction. In the latest issue of the club’s StopLoss Bulletin, Dr Martin Jonas


Sea Star Line, Boys & Girls Clubs Partner to Name Marlin Class Ships

Paola Dominguez with a rendering of the new Marlin Class ship. The Isla Bella will enter service in the 4th quarter of 2015. (Photo courtesy of Sea Star Line)

In June 2014, Sea Star Line partnered with the 11 clubs of the Boys & Girls Clubs of Puerto Rico in a contest to name the new liquefied natural gas (LNG) vessels which will be dedicated to the Puerto Rico trade by TOTE, Sea Star Line’s parent company


Jaenichen to Close Safety at Sea Seminar

Paul “Chip” Jaenichen (Photo: MARAD)

U.S. Maritime Administrator, Paul “Chip” Jaenichen will close the "Safety at Sea" National Maritime Day Seminar hosted by North American Marine Environment Protection Association (NAMEPA).   The seminar, to be held May 21 at the National Press Club from 2-5:30 p.m


US Energy Dept OKs Cove Point LNG Export

Cove Point Terminal (Photo: Dominion)

The U.S. Energy Department said Thursday it has given the final approval for Dominion Resources to export liquefied natural gas (LNG) from its Cove Point, Maryland plant.   The Cove Point plant is investing $3.8 billion in new infrastructure to ship up to 0


Seminar Highlights Freight Liability in Russia

Kevin King

International freight insurer TT Club convened a special seminar at the recent conference on transport and logistics, Trans Russia in Moscow.  Lead by TT Club’s General Manager, EMEA, Kevin King and Kirill Berezov from the insurer’s long-established Russian network partner






 
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