GT North of England P&I club has warned its shipowner members to protect themselves from the increasing risk of claims for charterers’ unpaid bunkers. The advice comes in the latest issue of the club’s loss-prevention newsletter Signals. According to Mark Robinson of the club’s freight, demurrage and defence department, “The recent downturn in the shipping markets and the world economy has unfortunately led to some charterers going out of business. One consequence is that a number of bunker suppliers, who contracted with these charterers to supply fuel to time-chartered ships, have been left unpaid – and they are now turning their attention to the ships’ owners.” North said that even though the obligation to provide and pay for fuel under a time charterer rests with the defaulting charterer, and that the owner is not a party to the bunker supply contract, owners and their ships are vulnerable to action in many jurisdictions. “A notable example is the USA, where a supplier of ‘necessaries’ to a ship, which includes bunkers, may have a lien over the ship itself and therefore the ability to take action against the owner to recover the charterer’s debt,” said Robinson. Furthermore the club warns owners they cannot assume they are protected by charterparties such as NYPE, which contain provisions specifically prohibiting charterers from creating liens over their ships.
The North of England P&I club says that unfamiliar tasks imposed on ships' crews are leading to more personal-injury accidents occurring on board. In the latest issue of its loss-prevention newsletter 'Signals', the 50 million GT club says that additional duties - particularly those on deck - are being carried out by inadequately trained crewmembers from places such as the galley and the engine room. 'We have experienced a number of recent cases in which members of both the catering
Speaking during Baltic Transport Week in Gdansk this week Andrew Huxley, Development Director at freight transport insurance specialist TT Club, warned port and terminal operators to be aware of the reputational damage that can be a serious consequence of uninsured incidents resulting from avoidable risks. It is estimated that for every unit cost incurred in insurance claims it can cost between eight and thirty-six times that amount in direct and indirect uninsured losses for the business
The North P&I club has warned its members to check their new ships very carefully before accepting delivery. The club said in the latest issue of its loss prevention newsletter Signals that it has become aware of several of instances of potentially dangerous poor construction in the newbuilding market. Tony Baker, head of North's loss prevention department, said, “We have been made aware of instances recently where newly constructed bulk carriers and general cargo ships have been
THE London P&I Club has warned that improvements in telecommunications technology on board ships can create unwelcome distractions, leading to casualties. In its StopLoss Bulletin, the club notes that an alleged causative factor in a recent pollution incident involved the duty officer attempting to make a Skype call on his laptop during his watch. A VDR playback revealed that the officer of the watch (OOW) was listening to a news bulletin from his home country which was being
THE London P&I Club achieved its premium income targets during the renewal negotiations completed on February 20 this year. It now has a total fleet entry of more than 30 million gross tons, covering all categories of membership. Major new entries in the Club included fourteen bulk carriers operated by Petros Pappas' Sentinel Marine Services in Greece. Also, existing members - including the Schuldt Group, V Ships, Cosco Hong Kong, and MISC - entered
The problem of stowaways hiding in a ship’s rudder stock recess, especially at African ports, still persists, the American Club has warned its members. They are urged to take proper precautions to prevent stowaways from boarding and hiding themselves in this manner. The club first alerted its members to this practice in April 2004. The cunning stowaways wait in port areas until after dark and then swim to the rudder stock, climb it and hide inside the recess
The TT Club is urging container terminal operators to fit electronic sensor devices to quay crane booms to prevent them accidentally colliding with vessels during loading and unloading operations in port. The TT Club says that crane booms colliding with the structure or equipment of a ship is an all-to-common occurrence at almost every port around the world, causing serious injuries to workers and costly repairs and operational downtime.
The London P&I Club said a recent casualty involving a containership serves as a timely reminder of the consequences of failing to check navigation charts for information about corrections that need to be applied to satellite-derived positions. In the latest issue of its StopLoss Bulletin, the Club refers to an incident in which a containership grounded as a result of total reliance on GPS, coupled with a failure to recognise that a significant correction had to be applied to GPS
As the political and humanitarian situation in Calais continues to unfold, the specialist freight transport insurer, TT Club provides a perspective on the implications for the freight and haulage industry and steps which operators can take to avoid heavy penalties from being caught carrying illegal immigrants. While focused on the current situation in Calais, the precautionary measures recommended are generally relevant.
At an International Maritime Organization (IMO) Maritime Safety Committee session in London that culminated on Friday, delegates agreed on guidance and advice to both those active in the container supply chain globally (shippers, carriers and port operators)
A little-known annual American commemoration is coming up again on May 22 - National Maritime Day. It was declared by Congress in 1933 to call attention to America’s proud maritime heritage and to honor the men and women who serve and have served as U.S. merchant mariners.
Greece is deploying military aircraft and a frigate to an area in the southern Mediterranean where an EgyptAir aircraft vanished from radar screens early on Thursday, its defence ministry said. The search for the missing EgyptAir plane was taking place at sea
Host of U.S. seaports also to observe annual salute to maritime industry, mariners and ports A little-known annual American commemoration is coming up again on May 22: National Maritime Day, declared by Congress in 1933 to call attention to America’s maritime heritage and to honor
Unrest cuts Nigerian output to lowest in decades; U.S., China output also down sharply. Oil prices jumped over 2 percent on Monday to their highest since November 2015 on growing Nigerian oil output disruptions and after long-time bear Goldman Sachs said the market had ended almost two years of
The London P&I Club’s result for the 2015/2016 financial year produced an overall operating surplus of $3.3 million, lifting the free reserve to $160.7 million. This result was underpinned by a technical underwriting surplus of $15.3 million, with the combined ratio standing at 82
Disciplined underwriting delivers another successful year London, 11 May 2016 – The UK P&I Club (“The UK Club”), one of the leading shipping protection and indemnity mutual insurers, announces its financial results for the year ended 20 February 2016.
Negative interest rates are hurting shipping industry by delaying the consolidation wave so badly needed, Bloomberg reports quoting Nils Smedegaard Andersen, chief executive officer of AP Moeller-Maersk. He said that the monetary policy environment "means consolidation will be
Evergreen Holding Group, an unlisted company that specialises in building boats, issued a warning on Friday that it may have trouble making coupon and interest payments on a bond maturing on May 15. The company said in a statement on the website of the China interbank market operator that it
The International Maritime Bureau (IMB) has warned foreign vessels to remain vigilant when sailing in the Horn of Africa, despite a lull in piracy incidents in the region. The IMB stated that there had been no piracy incidents reported off the Somali coast between January and
The London P&I Club has issued a warning about continued problems associated with the carriage of Indonesian thermal or ‘steam’ coal, following a number of recent incidents involving owners and charterers. Indonesian coal has a propensity to self-heat and/or emit methane
The inauguration of new The Nautical Institute (Singapore) Branch was hosted by the Singapore Shipping Association and sponsored by the Shipowners’ Mutual Protection and Indemnity Association (Luxemburg), Singapore Branch, during Singapore Maritime Week.
Members of the maritime community gathered last evening at the New York Athletic Club to honor three of its leaders: H. Marshall Ainley (President, Marine Engineers’ Beneficial Association), Ian T. Blackley (President & CEO, Overseas Ship Management, Inc.) and Raymond J. Burke Jr
North P&I Club has partnered with CSO Alliance, an online community of maritime company security officers (CSOs), to encourage its members to join and take part in security-related information sharing. In a first for the P&I sector, all CSOs in North’s 131 million GT owned fleet will
· Some terminals and shippers are unprepared for the enforcement of the SOLAS amendment on 1st July · Without steps to address the requirements of the SOLAS amendment, chaos and commercial disputes may ensue · A failure to comply will result in fines