P&I Clubs

INSIGHTS: Steve Candito, President, Foresea Consulting

Steven Candito is the Founder, President and CEO of Foresea, which provides advisory services including strategic planning, regulatory compliance and crisis management

TT Club Reports Robust Financial Results for 2015

TT Club has announced its financial results for the year ended December 31, 2015, and AM Best affirms its A- (Excellent) rating for the 10th consecutive year.   Knud Pontoppidan,

North P&I Club Repots Positive Financial Performance

North P&I Club reports that an exceptionally low year for claims has helped it increase its free reserves by $90 million to $428 million and deliver a combined ratio of 73.

Early Management of Diabetes Allows Seafarers to Remain Employed

Dr Marcus Brauer, a General Practitioner from one of UK P&I Club’s PEME[1] approved clinics in South Africa, provides valuable medical insight into one of the industry’s

London P&I Club Reports Increased Free Reserves

The London P&I Club’s result for the 2015/2016 financial year produced an overall operating surplus of $3.3 million, lifting the free reserve to $160.7 million.

Dangers Arising from Carriage of Indonesian Coal

The London P&I Club has issued a warning about continued problems associated with the carriage of Indonesian thermal or ‘steam’ coal, following a number of recent

North P&I Suggests Owners Join the CSO Alliance

North P&I Club has partnered with CSO Alliance, an online community of maritime company security officers (CSOs), to encourage its members to join and take part

Allianz to Double Infrastructure Investments

Allianz is planning to double its investments in infrastructure and renewable energy within the next two to three years as it seeks to diversify its 638 billion euros ($726.

Boskalis to Transport Johan Sverdrup Platform Modules

Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Samsung Heavy Industries for the transportation of the three topside modules of the riser

Swedish Club: Consistent Underwriting in Challenging Year

The Swedish Club reported to its board today that it has achieved a consistent 2015 underwriting performance with financial stability and cost-efficient quality services for its members.

DGS Marine Announces Fixed Premium P&I Growth

Tailor-made cover helps DGS secure 6 percent growth in 2016 P&I renewals; total BE&O tonnage exceeds 5 million metric tons   DGS Marine, a global P&I management

Ship Insurers Plug Hole in Iran Oil Cover Left by US Sanctions

Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact that U.S. reinsurers are still restrained by Washington's sanctions,

Fire Erupts on Petrobras Platform; Quickly Controlled

A fire broke out on Thursday on an offshore oil platform operated by Brazil's state-run oil company Petrobras in the Barracuda-Caratinga field in the Campos Basin northeast of Rio de Janeiro,

Flood Risk to Persist in Mississippi River Basin

Heavy winter rains have left the Missouri and Mississippi River basins, from Iowa to Louisiana, at an elevated risk of moderate flooding through June, U.S. government forecasters said on Thursday.

Venture Insurance Programs Acquires Tidal Solutions

Venture will rebrand and integrate Tidal Solutions specialty commercial marine products into its portfolio of industry leading programs. Venture Insurance Programs,

Swedish Club Report Shines Light on Vessel Claims

The life of seafarers is never straightforward, and as a new report from the Swedish Club shows, the hazards and job complexities they face are very much dependent

Argentina Sinks Chinese Ship

Argentina's coast guard has sunk a Chinese trawler that was fishing illegally within its territorial waters, the coast guard said on Tuesday, marking a first test

North P&I Club Boost Loss Prevention Team in Asia Pacific

North P&I Club has boosted its loss-prevention presence in the Asia Pacific. Loss prevention executive George Cuthbert moved to Singapore from North’s head office

Britannia and UK P&I Clubs in Merger Talks

The boards of the Britannia Club and the UK P&I Club announced today that the two groups are in merger discussions.   The boards of the Clubs will now begin a

Arctic Thaw Presents Shipping Risks to Environment

Rising average temperatures are melting ice; the call goes out for heavy fuel oil to be regulated in Arctic. The Arctic is thawing even faster than lawmakers

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