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London Club

Call Performance and Claims Improvement For London Club

The London P&I Club has confirmed that, as at February 20, 2003, claims for the 2002 policy year were ten percent lower than for the 2001 policy year, and thirty per cent lower than for the 2000 policy year. Writing in the latest issue of its London Club News, the Club says the downturn in claims over recent years is “a great source of encouragement”. It adds that this positive trend, coupled with an improving fleet age profile and the Club’s proven ability in a difficult market to maintain calls in line with original estimates for many years, “bodes well for the continuing success of the London Club”. In April, the London Club Committee reaffirmed an initial supplementary call for the 2003/2004 policy year of forty per cent for the P&I class, in line with the estimate first advised in November 2002. Paul Hinton, Chief Executive of A Bilbrough & Co, managers of the London Club, says, “Financial stability is of fundamental importance to the London Club, its managers, and its members. The Club’s sound financial base and the steps taken towards supporting its reserves, without recourse to third-party financing, are crucial elements in maintaining its overall strength.”


Maritime Industry May Lack Sensitivity to Psychological Issues

THE London P&I Club has drawn attention to the continuing need for recognition and understanding of psychological disorders affecting those employed in the shipping industry. In the latest issue of its StopLoss Bulletin, the Club indicated that psychological problems are often not identified, or dealt with, as quickly, as knowledgably or as sympathetically as is the case with physical illness and injury. The Club quotes Prof Francesco Amenta, CIRM Scientific Director


London P&I Club Renews Warning on Cargo Liquefaction

The London P&I Club said the lifting of an iron ore ban in India, together with the recent total loss of two ships, has put the spotlight once again on the problem of cargo liquefaction. In the latest issue of its StopLoss Bulletin, the club said, “There are specific challenges involved in the export of iron ore fines from Indian ports during the monsoon season which can increase the moisture content of the cargo to levels where liquefaction can occur


TT Club Welcomes London Gateway’s First Scheduled Vessel

With the arrival of MOL Caledon, DP World’s London Gateway received its first scheduled ship call last week. Specialist freight transport and cargo handling insurer, TT Club provides the liability cover for the U.K.’s newest container terminal. The sheer enormity of the operation at London Gateway is underlined by the vital statistics it will boast when it is completed – 2,700 meters of quayside, 24 gantry cranes (each weighing more than 1


Rayfield Mills Opens London Office

Rayfield Mills a U.K.-based firm of solicitors specializing in maritime and international trade law, opened a new office in London today. Located at 150 Minories, the new office is in the heart of the capital’s shipping and insurance sector. The move to London gives Rayfield Mills the opportunity to consolidate and expand its insurance practice as well as reinforce its relationships with leading P&I clubs. Lloyd’s underwriters other London-based clients


Dry Land Big Row Benefits Lake Malawi Health Project

Photo courtesy of Thomas Miller P&I

Three heroic teams of oarsmen from Thomas Miller P&I in London as well as sister team at Thomas Miller Asia-Pacific have all successfully completed their legs of the Big Row charity event. In total some eighty teams from the international maritime community took part in a 'virtual' row of the length of Lake Malawi to raise funds for the ongoing refurbishment of the 'MV Chauncy Maples' as a medical clinic ship. The main event took place in Spitalfields Market in the City of London on the


London International Shipping Week Set to Benefit Seafarer Charities

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Four leading charities supporting seafarers and their families are set to benefit from the inaugural London International Shipping Week (LISW), taking place in the U.K. capital this September. Apostleship of The Sea, Mission To Seafarers, Sailors’ Society and Seafarers U.K. have been chosen by the LISW Steering Group to be the beneficiaries of fund-raising efforts during the week-long shipping showcase. London International Shipping Week kicks off with a Charity Golf Day at Walton


TT Club Spots Innovation Trend in Logistics Sector

Insurance specialist in the global freight industry, TT Club, sees proliferation in technological capabilities & tailored supply chain processes. A long-term supporter of the British International Freight Association (BIFA) Awards, TT Club sponsored the 2012 European Logistics Award.  TT Club’s Development Director for UK and Ireland, Brian Sullivan was part of the judging panel that employed a stringent vetting process to find the winner, Delamode International Logistics


Shipowners’ Club Registers Strong 2010 Results

Excellent financial results have been reported by the Shipowners’ Club for the trading year ending February 2011.  Positive growth or improvements across almost all parameters have been recorded, from increased tonnage and numbers of vessels entered, to an up-lift on gross earned premiums to US$196.8 million (up 13% on last year) and an underwriting surplus of US$25.2 million. Chairman of the Club, Donald MacLeod puts the recent success of the Club down to the diversity of its


A New DVD from the UK P&I Club

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The UK P&I Club is absolutely committed to maintaining a vibrant loss prevention program and its latest move is a new DVD that places a specific focus on the Bow Tie concept - a comprehensive risk assessment initiative which helps members identify and prioritize risk across their whole fleets. According to the Club’s Loss Prevention Director, Karl Lumbers, the DVD, titled ‘No room for risk’, will be a very effective form of communication when conveying the Club’s


Drydocks World, Maritime World Win Excellence Awards

The Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015

Drydocks World and Maritime World have won the Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015 - Middle East. Drydocks World Group has won the Best Maritime Conference Award in recognition of their successin organizing the “2nd Mare Forum Dubai


Swedish Club Reports 'Healthy Growth'

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The Swedish Club reported a solid operating result to its board today, continuing a record of building on steady growth. 2014 was seen as a stable year, where the underwriting result outperformed the financial performance and the insurance products across the board returned a staunch to high


Steady Growth Reported by the Swedish Club

Courtesy The Swedish Club

  The Swedish Club reported a solid operating result to its board today, continuing a record of building on steady growth. 2014 was seen as a stable year, where the underwriting result outperformed the fi­nancial performance and the insurance products across the board returned a staunch


Yachting Malta PPP Sets Sail

Commodore Godwin Zammit. Photo by the Royal Malta Yacht Club

 Yatching Malta Ltd (YML) - a new public private partnership (PPP) between the government and the Royal Malta Yacht Club (RMYC) was formed with the aim of putting Malta on "the global yachting map".   Prime Minister Joseph Muscat launched YML at the club's headquarters in Ta


LOC Group Announces Two Appointments

Global marine engineering consultancy LOC Group (London Offshore Consultants) announced appointments in two new positions; John Quarrington has joined the company in London as Group Marine Warranty Surveying Manager and Mark McGurran has been appointed to the Singapore office in the role of Asia


LOC Expands Australian Operations

Courtesy LOC

  London Offshore Consultants (LOC), announced the expansion of its Australian operations with the official opening of its Sydney office today (March 12, 2015). The office will be the second LOC operation in Australia after it opened its first office in Perth


Port of London to Unveil £7m Vessel at Seawork

    The London Titan in build at Manor Marine (Photo courtesy of Seawork International)

  London Titan, the Port of London's new £6.97million ($10.5 million) 36-meter mooring maintenance vessel, will be officially unveiled at the opening day of the Seawork International exhibition and conference in June, the event's organizers announced today.  


Record Thames Ridership

River Action Plan delivers record Thames ridership

  A record 9.8 million passengers are using the River Thames‎, two years on from the launch of the Mayor's River Action Plan, it was announced today. The River Action Plan, launched in February 2013, details a host of measures designed to increase the number of river passengers to 12


Munkebo Maersk, Biggest Ship Ever to Sail on the Thames

Munkebo Maersk (Pic: London Gateway)

 The 18,300 TEU Triple E container ship Munkebo Maersk became the largest ship to ever sail up the River Thames as it called at DP World London Gateway.   The 399 metre long Munkebo Maersk, which weighs in at 195,000 tonnes and is 60 metre wide is one of the largest container vessels


Containership Becomes Largest to Sail the Thames

Munkebo Maersk (Photo: DP World)

The Munkebo Maersk became the largest ship to ever sail up the River Thames as it called at DP World London Gateway, the U.K.’s newest deep-sea port hub. The 399-meter-long, 60-meter-wide, 195,000-ton Triple-E class vessel – equivalent in length to almost four football pitches and


Top Five Most Costly Insurance Claims

Image courtesy of TT Club

The TT Club has alerted the supply chain industry to a persistence of claims in a handful of loss types. The international transport, freight and logistics insurance provider said it has found that 66% of its claims by number and 62% by value over a five year period can be categorized into just


BEST Set a New Productivity Record

Image: Barcelona Europe South Terminal (BEST)

 Barcelona Europe South Terminal (BEST) handled the largest containership ever to call at the Port of Barcelona, the 16,600 TEU MSC LONDON and also set a new productivity record.  The port discharged 618 containers and loaded 1035 in less than eight hours when working MSC LONDON


DP World to Build Third London Gateway Container Berth

Image: DP World London Gateway Port

 DP World London Gateway plans to move forward with a third berth at the UK’s new deep-sea hub port, which will increase deep-sea access for ships carrying UK imports and exports.  Berth Three will enable the use of an additional 400 meters of quay length with a dredged depth of


Eastern Shipbuilding Donates $250K to USCG Museum

John S. Johnson, Treasurer of the National Coast Guard Museum Association Inc. celebrates the receipt of Eastern Shipbuilding’s first donation with U.S. Senator Chris Murphy of Connecticut. (Photo courtesy of the National Coast Guard Museum Association)

Eastern Shipbuilding has donated $250,000 for the construction of the National Coast Guard Museum in New London, Connecticut, the National Coast Guard Museum Association announced yesterday. Eastern Shipbuilding, a diversified ship builder headquartered in Panama City, Florida


No Let Up in Navigational Claims Reports

Lars Malm (Photo courtesy: The Swedish Club)

According to The Swedish Club, half of the costs of hull and machinery claims handled by the Club have arisen due to navigational claims such as collisions, contacts or groundings - a figure that has remained steady over recent years despite improved technology and the widespread implementation of






 
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