The UK P&I Club, one of the oldest shipping protection and indemnity mutual insurers, announced its renewal for 2014 following the closure of the renewal season on February 20: Another positive result with a net increase of a million gross tons of mutual business Mutual owned tonnage has increased by four per cent over the course of the 2013/14 year Combined mutual owned and chartered tonnage now stands at 215 million gross tons Estimated increase of renewal premium of seven percent. For many UK Club Members, subdued earnings and a lingering shipping recession remain an unwelcome fact of life. However, UK Club premium needs to address underlying claims inflation, as well as a future pick up in claims frequency from what have been record low levels. Hugo Wynn-Williams, Chief Executive of Thomas Miller P&I, the UK P&I Club’s managers, said, “It has been another good and solid renewal for the UK Club marked by continued controlled growth for a third year in succession whilst preserving a disciplined approach to underwriting. Gross tonnage has increased and we are pleased that our financial stability, claims management and service have attracted more tonnage from existing Members and new business to the UK Club.” ukpandi.com
Guardian Maritime announced that GUARDIAN antipiracy barriers are now available to lease. A passive solution against the threat of piracy, GUARDIAN ship protection system provides worldwide 24/7 protection against stowaways, robbery and piracy for vessels, crew and cargo at sea, anchor or in port, as well as static installations such as oil rigs. Offering an affordable solution, with no initial outlay, the GUARDIAN leasing scheme provides the flexibility of a passive solution
QinetiQ subsidiary Foster-Miller Inc, has been awarded a $1 million contract to further develop its advanced Boat Trap system by the United States Department of Defense Joint Non-Lethal Weapons Directorate, working closely with the US Coast Guard. Designed to bolster US harbor security and protect coastal military bases abroad, Boat Trap is a non lethal, ballistic net that is deployed from a helicopter into the path of a threatening speedboat traveling at high speed
The first joint venture project between Cathelco and UMC International has been completed at the Yonderberry fuelling jetty at Torpoint in Plymouth. Earlier this year, the two companies created an alliance enabling the specialist diving services of UMC International to be used for the installation and maintenance of corrosion protection systems supplied by Cathelco. The Yonderberry jetty project, commissioned by Babcock
L-3 MAPPS won a contract to supply degaussing systems for the Royal Canadian Navy’s 12 KINGSTON-Class Maritime Coastal Defence Vessels. These degaussing systems will be delivered and supported locally in collaboration with SAM Electronics, an L-3 company, which produces one of the most effective means of ship protection against modern sea mines. The SAM Electronics solution reduces the magnetic signature of ships to safe levels mitigating the threat from sea mines and has been
At its annual board meeting on 29 October 2012, the board of the UK P&I Club (the Club), one of the oldest shipping protection and indemnity insurance mutuals, agreed that the general increase for 2013 renewal will be 7.5 percent. The premium rating increase is in addition to any increase in the cost of the International Group reinsurance premium for 2013 for the mutual members, which will be determined in the New Year.
Northrop Grumman Corp., Electronic Systems, Annapolis, Md., is being awarded a $6,026,646 firm-fixed-price/cost type contract for the Shipboard Protection System (SPS). The purpose of the SPS system is to enhance the ability of naval vessels to accomplish self-protection while moored to a pier, at anchor, or during restricted maneuvering. The system shall provide a host ship with a fully integrated and seamless sensor, analysis, and response system that will
The U.S. Maritime Administration (MARAD) released its quarterly report on port and shipping safety and environmental protection. This report discusses the latest session of the IMO Marine Environment Protection Committee; the bill to reauthorize the Transportation Equity Act for the 21st Century (TEA-21); the Coast Guard’s interim maritime security regulations; and the OECD report on Security in Maritime Transportation.
According to a report from Defence News, on Dec. 8, the Royal Navy's Rear Admiral Phil Jones took charge of the EU led counter-piracy naval operation, which is to operate off the coast of Somalia. The operation, called Op Atlanta, is the European Union's first naval task force, and it has been assembled to ensure the protection of vessels of the World Food Programme delivering food aid to displaced persons in Somalia as well as protection to other vulnerable shipping off Somalia and to provide
The International Maritime Organization (IMO) has introduced new requirements for the fire protection of on-deck cargo areas. The new requirements, which will be added to SOLAS regulation II-2/10, apply to all ships designed to carry containers that are constructed on or after January 1, 2016. The new regulations stipulate that new ships designed to carry containers on or above the weather deck shall be fitted with at least one water mist lance
The designs for a multi access zero emissions cargo ship will be unveiled at the 5th Natural Propulsion Seminar in Wageningen, Netherlands, on Tuesday, May 24. The Fair Winds Trading Company (FWTC) is currently in the research and design stage for this state-of-the-art zero-emissions
Danelec Marine, along with distribution partner Elcome International, is to supply Danelec DM100 Voyage Data Recorders (VDRs) for 14 ships in the Middle East. The new VDR orders include seven new offshore support vessels (OSVs) and five tanker retrofits for an oil and ga companies based
Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection. The company said it had entered into a restructuring support agreement with some lenders
SAFE Boats International (SBI), a manufacturer of aluminum boats located in Bremerton, Wash., has completed the first Coastal Interceptor Vessel (CIV) on contract from U.S. Customs and Border Protection (CBP) Air and Marine Operations (AMO).
Ship recycling practices in Alang, India, are gradually improving. The European Commission should acknowledge this positive development under the EU Ship Recycling Regulation. Adopting an overly restrictive approach will discourage first movers and further delay the entry into force of the IMO
With 50 years dedicated to polymer coating and composite manufacturer Belzona, Geoff Binks looks back on his experience in the industry and maintenance sector. Geoff Binks was born and raised in Harrogate and joined Belzona in 1965 direct from Technical College with a chemistry background
Danelec Marine informs it has received orders to supply new-generation Danelec DM100 Voyage Data Recorders (VDRs) for 27 new Maersk containerships, which are being built at shipyards in China and Korea. The newbuild VDR orders follow on a fleet retrofit contract awarded last year
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.
The Dewan Rakyat (House of Representatives) of the 13th Parliament of Malaysia has passed the Merchant Shipping Ordinance (Amendment) Bill 2016 aimed at standardizing national maritime law with the international maritime community, reports Bernama.
Hamburg Süd is the first container shipping lines to publish its Sustainability Report in accordance with the Global Reporting Initiative (GRI) G4 Standard Disclosures (Core). Entitled “Setting standards and acting sustainably”
Soon, the vessel FEODORA II can call at Danish ports in Flensborg Fjord, the Danish Maritime Authority says a press release. At a follow-up inspection on board FEODORA II, the Danish Maritime Authority has verified that the vessel is fitted with lifejackets
International shipping and aviation will have to cap their greenhouse gas emissions (GHG) soon for the world to meet the ambitious goals laid down in the Paris Climate Change Agreement, participants at a side event at the Bonn climate change conference heard today.
Vittoria Shipyard, which specializes in the construction of paramilitary, commercial and passenger vessels of up to 100 meters, will in 2016 take part for the first time in Seafuture & Maritime Technologies, which is to be held at the Military Arsenal in La Spezia from May 24-27, 2016
PPG’s protective and marine business has received EU Funding for a project which aims to produce a new fouling protection system for commercial vessels. A project development group including PPG, MACtac, Meyer Werft/ND Coatings
Australia’s NSW Environment Protection Authority (EPA) has fined Carnival PLC $15,000 after one of its P&O Cruises ships, the Pacific Jewel, breached new low sulfur fuel regulations in Sydney Harbour. A fuel sample taken by the ship’s crew and provided to EPA officers