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
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.
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
United Nations' International Maritime Organization (IMO) has adopted the environmental part of the Polar Code. Hereby, internationally binding regulations on navigation in polar waters become effective from 1 January 2017. The IMO has taken the very last step towards making the
About 10 Russian and Azerbaijani ships will take part in a joint naval exercise in the Caspian Sea for the first time; RIA Novosti cited the statement of Russia’s Southern Military District. "The military officials of the countries reached a decision during
Danelec Marine has received type approvals from the U.S. Coast Guard and China Classification Society (CCS) for its DM100 series Voyage Data Recorders (VDRs). The U.S. Coast Guard approval applies to the Danelec DM100 Simplified Voyage Data Recorders (S-VDRs) and clears the way for older U
China has outlined a first ever "white paper" on military strategy that outlined a more robust posture for its blue-water navy, and warned of threats to its security from "still smouldering" boundary disputes over land.
Philippine and Japanese coast guard teams staged an anti-piracy drill on Wednesday, featuring the storming of a cargo vessel after a mock hijack, in a show of maritime cooperation between the two nations amid rising tension in Asian waters.
L-3 SAM Electronics announced today that it has been awarded a contract to provide the electrical distribution system for six Littoral Combat Ships (LCS) for the Royal Malaysian Navy (RMN). The ships will be built at the Boustead Naval Shipyard in Lumut, Malaysia
Noske-Kaeser provides firefighting technology for all four German Navy's F125 frigates On April 16, 2015, the second of four ordered Type F125 frigates for the German Navy was christened by the name of Nordrhein-Westfalen in Hamburg
Ceremony signaled the start of construction for APT-4 ECO Tanker, the fourth of five Jones Act tanker ships to be constructed at NASSCO for American Petroleum Tankers. General Dynamics NASSCO signaled the start of construction of the fourth of five “ECO” tankers to be built
CMA CGM has chosen HAROPA - Port of Le Havre to christen its new sea giant container vessel, the Kerguelen. As the largest container port for the external trade of France, HAROPA enjoys recognized expertise by shipping companies and main alliances
A Novec 1230 gas suppression system provides a unique, Class-compliant and effective margin of safety for an offshore dive support vessel. Despite the recent drop in oil prices, the marine sector remains extremely busy supporting the oil industry, and this will always remain the case
China COSCO Holdings disassembled four vessels including two container vessels and two bulk carriers in April 2015, with the aggregate capacity of 261.8 thousand deadweight tons. The company realized losses from the disassembly of the vessels of approximately RMB59 million
The International Maritime Organisation (IMO) has dodged a decision on the setting of a new global target for reducing greenhouse gas emissions from international shipping, proposed by the Marshall Islands. The environmental lobby group Transport & Environment (T&E)
Coal mining giant Glencore has now applied to have the competition watchdog oversee pricing in the newly privatised Port of Newcastle, reports The Sydney Morning Herald. The NSW port is hiking some shipping charges up to 60 percent after its $1
SINOPACIFIC Shipbuilding Group held a christening ceremony today at its Dayang Shipyard for a newly built Ultramax CROWN63R. As the Godmother, Madam Grace Yang, the wife of former Chinese Ambassador to Greece christened this new vessel as SINICA GRAECA
United Nations agencies urged Indonesia, Malaysia and Thailand on Tuesday to step up sea rescue operations and let desperate migrants reach land. In a joint statement, joined by the International Organization for Migration (IOM), they called on the three countries to stop trying to push boats