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
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
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
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.
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
Kongsberg Defense & Aerospace (KDA) signed a contract with the Norwegian Ministry of Defence (MoD) for Underwater Surveillance and Protection. Kongsberg by KDA will carry out the three-year project in cooperation with Kongsberg Maritime (KM) and Norwegian Defense Research Establishment (FFI), and assisted by the Royal Norwegian Navy (RNoN). First version of the integrated surveillance and protection system has already been installed at
E2S Warning Signals have published a new ‘Guide for Hazardous areas’ which is available as a free download from their website. The guide has been put together with specifiers and hazardous area engineers in mind with matrix tables that enable fast cross-referencing of information between the main certification systems: ATEX, IECEx, North American and Canadian standards. Protection concepts are listed along with applicable zone
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
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
Germanischer Lloyd has issued rules for corrosion protection in crude oil tanks, to increases the service life, reduces maintenance and renders better resale opportunity. This protection system is being documented in a special class notation "Cargo Tank Coating.” "Cargo Tank Coating" defines the coating details, including specification of where to coat how, the surface preparation as well as the surveying process. In the course of the year
Marine fuel and lubricant providers increasingly are playing a pivotal role in helping ship and boat owners to reduce emissions and improve performance. To this end, ExxonMobil introduced Mobilgard 410 NC, touted by the oil company as a zinc-free high-performance oil that offers marine operators
The Governor of Yamalo-Nenets Autonomous Region, Dmitry Kobylkin, presented the annual report on the situation in the autonomous region. "We have been confronted with new challenges. A number of countries are leading a fairly aggressive sanctions policy against Russia
Volvo Penta today introduced the first two models of its next-generation sterndrive marine gasoline engines. The new 4.3-liter catalyzed V6 engines, rated at 200 and 240 horsepower, will supplement Volvo Penta’s current V6 product line
The U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) will soon take action to ensure compliance with the forthcoming 0.10 percent fuel sulphur limits in the North American and U.S. Caribbean Sea Emmission Control Areas (ECAs), the USCG’s Maritime Commons said.
RSC Bio Solutions said that its EnviroLogic Environmentally Acceptable Lubricants (EALs), including hydraulic, stern tube and thruster oils, and SAFECARE cleaners and their constituent components have been evaluated by independent laboratories to meet the U.S
OSX Brasil SA, a shipbuilding and ship leasing firm controlled by Brazilian tycoon Eike Batista, presented a revamped bankruptcy protection plan to a judge in Rio de Janeiro on Monday. In May, OSX had presented a plan to pay $2.6 billion in debt over 25 years.
Shipping community urged to invest in training to curb spread of virus Global shipping, logistics and marine services provider GAC Group is calling for shipping and logistics companies to invest in staff and crew education on how to reduce the risk of exposure to Ebola
INTERTANKO announced that when its Council of Members met this week in Dubai it elected Nikolas Tsakos – President and Chief Executive of Tsakos Energy Navigation – as Chairman, succeeding Graham Westgarth who steps down after five years in post.
Mitigating the risk of collision at sea requires an understanding of the causes. The new industry guidance issued by Lloyd’s Register aims to help make offshore operations safer for marine and energy operators. Lloyd Register’s new Guidance Notes for Collision Analysis assist owners
Jensen Maritime and Vigor will unveil the design for a new 352-foot catcher processor/factory trawler at the Pacific Marine Expo on Nov. 19. The design is the product of collaboration between Jensen, the design architect, Vigor, the shipbuilder, and three major fishing customers
Ceremony signals the start of construction for SEA-Vista ECO Tanker, the first of three tanker ships to be constructed locally at NASSCO. General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, signaled the start of construction for three 50,000 deadweight ton, 330
Fully loaded barges headed to export market abruptly halted. Waterways Council, Inc. (WCI) and its agricultural and other commodity shipper members and towboat operators are reacting to the U.S. Army Corps of Engineers’ decision to perform, over the next 13 days
ABB has been recognized by Thomson Reuters as one of the world’s top 100 innovators for a third year. This award acknowledges companies around the world for their outstanding commitment to global innovation, the protection of ideas and the commercialization of inventions.
The U.S. Navy has awarded Willard Marine, Inc. (WMI), a five-year contract to provide two types of 7-meter rigid inflatable boats (RIBs) that will serve as ready service lifeboats for search-and-rescue missions. The contract includes a standard craft based on the 7-meter RIB WMI has been
Last week’s North American World Maritime Day heralded the birth of a new NAMEPA (North American Marine Environment Protection Association) chapter in Mexico. Led by Alejandro Trillo Menchelli and Fernando Melo Graf of Stericycle, the chapter received support from delegates to this annual