P&I Clubs

TT Club Appoints Regional Claims Director

TT Club  has appointed Justin Reynolds as Regional Claims Director, Europe, Middle East and Africa. Based in London, he will be responsible for handling member’s claims across the EMEA region.

BoE Warns Insurers of Fossil Fuel 'hit'

BoE: fossil fuel investors must assess value of reserves. Insurers may face a "huge hit" if they end up being wrongfooted by rule changes linked to climate change,

BW Offshore Finds 7th Petrobras Blast Victim

Norway's BW Offshore said on Thursday it had found the body of a seventh victim of a Feb. 11 blast on a production vessel it operates for Brazil's state-run oil company Petroleo Brasileiro SA.

Top Five Most Costly Insurance Claims

The TT Club has alerted the supply chain industry to a persistence of claims in a handful of loss types. The international transport, freight and logistics insurance

'Strong Renewal' for UK P&I Club

The UK P&I Club announced its renewal results for 2015 following the closure of the renewal season on February 20, 2015, reporting a net increase of 1.2 million

BWMC's Entry Into Force Imminent

Jacqueline Tan, Senior Claims Executive at the UK P&I Club, commented on the ballast water management controls coming into force:  “The coming into force of the

Bangladesh Ferry Capsizes after Collision, 33 Dead

At least 33 people died in Bangladesh on Sunday when a passenger ferry capsized after colliding with a trawler on the river Padma with more than 100 people aboard, police said.

BP Bid to Cut Gulf Spill fine Denied

A U.S. judge on Thursday rejected BP Plc's attempt to reduce the maximum civil fine it could face for its role in the 2010 Gulf of Mexico oil spill, leaving it potentially liable to pay $13.

Logistics Suffer as U.S. Port Dispute Continues

Dozens of ships queuing to dock due to ports dispute; Honda slowing North American car production as parts held up. A labor dispute at ports on the U.S. West

BW Offshore Cuts Dividend

BW Offshore cut its dividend on Monday, blaming lower spending by customers due to a fall in crude prices as well as a deadly accident in Brazil last week. The company,

Taiwanese Captain Arrested in Australia

The Australian Federal Police have arrested the captain of a Chinese coal ship -China Steel Developer- for sailing through part of the Great Barrier Reef Marine Park without a pilot.

TT Club Urge Better Management Practices

A detailed analysis of the root causes of insurance claims show 80% of bodily injuries at global ports and container terminals involve handling equipment or vehicles.

Five Dead, Four Missing in Brazil FPSO Explosion

An explosion aboard a BW Offshore's oil and gas production vessel in Brazil has killed five people and four workers are still missing, the firm said in a statement on Thursday.

P&I Club Extends E-Learning Modules

The American P&I Club has added to its library of e-learning modules released in co-operation with IDESS IT in the Philippines. The new module covers compliance

Cypriot-flagged freighter Aground off Aegean Island

Greek authorities have rescued 11 crew members of a Cypriot-flagged freighter which ran aground off a Greek Aegean island early on Wednesday, the Greek coastguard said on Wednesday.

Costa Concordia's Schettino Awaits Verdict

Schettino accused over loss of cruiseship in January 2012. Charges include manslaughter, causing shipwreck, abandoning ship. The former captain of the doomed

TT Club Appoints King as Regional Director

Kevin King has been appointed as TT Club's Regional Director Europe, Middle East and Africa. Based in London, he will be responsible for overseeing member service

Shell Eyes Arctic Drilling this Summer

Oil major Shell wants to revive its Arctic oil drilling programme this year after a near two-year suspension, angering environmentalists who say the risk of an oil spill is too high.

ZIM Launches Monitoring and Tracking Service

ZIM integrated shipping services has announced the launching of a new monitoring, tracking and security services package, specifically designed for valuable and

Oil Tankers are Front Line of Libya's Struggles

Crew members killed in tanker attack this month; West fears worsening violence could lead to civil war. Oil shippers face higher costs and the possible loss of insurance cover on Libyan voyages,

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