American Club Wins P&I Award

Friday, March 04, 2005
"An excellent start to 2005 and the new policy year" is how Joe Hughes, chief executive of managers Shipowners Claims Bureau Inc., describes the American Club's double achievement of the past week.

On February 24, at London's Banqueting House in Whitehall, the club was voted the winner among four finalists for the P&I/Insurance Services Award at Lloyd's List's 2005 Awards covering 12 categories of the maritime industry.

The P&I Award, sponsored by Clyde & Co., was presented to Paul Sa, the club's chairman, by Derek Hodgson, partner and head of the maritime transportation department at Clyde.

"The award partly reflects the successful conclusion in 2004 of the Tasman Spirit salvage and release of the Karachi Eight," said Mr Hughes, "but it also highlights what P&I is all about - service."

Earlier the same week, the American Club had reported a successful outcome of the annual P&I renewal, which saw the club post a further increase in entered tonnage, to approximately 21.7 gross tons.

"This means," said Mr Hughes, "that we start 2005 on a very strong footing, with entered tonnage, premium income and reserves at record levels." He added: "We can put the problems we met in 2004 behind us, and move forward by concentrating on boosting service levels to our membership and continuing to be innovative in our loss prevention program."

Meanwhile, the managers have recruited additional staff for the London office, and will soon open a new office on the waterfront in Piraeus to service the growing membership among Greek shipowners.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Seaspan Responds to Canada’s NSS Announcement

In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president

DONG Energy Listing to Value Group at up to $16 Bln

DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but

New Leadership at Alphatron Marine

Alphatron Marine announced that Arno Metzemakers will join the company's management team as General Manager responsible for all operational matters worldwide, effective June 1.

Contracts

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV

Raytheon Anschütz Selected as INS Provider for Canada’s OFSV   Thales, a major system integrator in Canada, has chosen Raytheon Anschütz as the supplier of the

Seacat Services Secures Burbo Bank Charter Deal

DONG Energy has awarded  offshore energy support vessel operator Seacat Services with the supply contract for all crew transfer services at its 258MW Burbo Bank

Lower Large Dry Bulk Rates drag Baltic Index

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday dragged down by lower demand for larger vessel segments.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1111 sec (9 req/sec)