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
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 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
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
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
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.
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
Bureau Veritas has been awarded by the Ministry of Industry and Commerce of the Republic of Zimbabwe with the Consignment Based Conformity Assessment (CBCA) contract. This conformity and valuation programme intends to: - Reduce hazardous and substandard imported products to Zimbabwe
While Austal USA based in Mobile, Alabama, still accounts for the lion’s share of revenue (more than 80%) of the Australian based company, the entire corporation has been making waves of late delivering latest technology to naval fleets around the globe.
Inadequate protection against cyber risks is becoming a major threat to the maritime sector, increasingly interconnected and dependent from automation. Ports and ships have become target of hackers. Allianz Global Corporate & Specialty (AGCS) says that cyber risks a growing
IMTRA announced today through its exclusive North American distributorship of Sola-Cure shades — its line of customizable, high-quality and comprehensive solutions for solar shades and blackout blinds. Designed to reduce glare and heat from windows, and provide protection
Austal Limited has delivered Cape Jervis, the fifth of eight 58-meter aluminum monohull Cape Class Patrol Boats for the Australian Customs and Border Protection Service under a $330 million design, build and in-service support contract.
Diplomats from global trade and economic powers signaled their governments' growing interest in Arctic transit and heavy shipping in the Arctic Ocean. Arctic Business Forum held in Rovaniemi from March 10 to March 12 forecast huge possibility for business and investment in the arctic region
Second permanent naval group of NATO ships patrol / SNMG 2 / in stock ships from the US, Germany, Italy, Canada, Turkey, together with the frigate "Daring" in the composition of the Navy commander captain II rank Georgi Savov doctrine held in the Black Sea
MacGregor, part of Cargotec, has supplied Royal Caribbean International's first Quantum Class cruise ship with a crane and observation gondola called the North Star. It will lift guests 91m above sea level to give them panoramic views of the ship, sea and ports of call.
Australia detailed on Monday how it will ban dumping of all dredge soil in the Great Barrier Reef as it looks to step up protection of the world's largest reef and avoid having it listed by UNESCO as "in danger." UNESCO's World Heritage Committee is due to decide in June whether to
NAMEPA (North American Marine Environment Protection Association) and the Ocean Conservancy signed a memorandum of understanding (MOU) this month, the two group announced in a press release. The agreement aims to foster a collaborative effort that encourages marine pollution
A Dutch court on Tuesday rejected a bid by Dutch marine engineer Boskalis to have a shareholder vote on anti-takeover protections in place at smaller rival Fugro, in which it holds a 20 percent stake. The legal challenge was closely followed because of the potential for it to set a
The bill requiring ocean going ships to switch to low sulfur fuel while at berth in Hong Kong could effectively raise the cost of shipping containers through the city. Under the new Hong Kong Air Pollution Control (Ocean Going Vessels) (Fuel at Berth) Regulation
The International Maritime Organization (IMO) is inviting stakeholders involved in the testing, approval, fitting and operation of ballast water management systems (BWMS) to complete online surveys as a part of a study to assess the implementation of the BWMS approval guidelines and the
U.S. Coast Guard, shipping industry professionals, to speak on cyber security issues at CMA Conference Jeffrey G. Lantz, Director of Commercial Regulations and Standards for the United States Coast Guard’s Assistant Commandant for Marine Safety
NOAA Fisheries and the U.S. Fish and Wildlife Service proposed today to reclassify the green sea turtle under the Endangered Species Act, and list turtles originating from two breeding populations currently considered endangered as threatened due to improvements in their populations.