Steamship Mutual Publish 2013 Management HIghlights

MarineLink.com
Wednesday, June 26, 2013
Gary Rynsard, CEO

Steamship Mutual P&I Club has released its 2013 Management Highlights. This includes an introduction from the Club’s Chairman, Heinrich Schoeller, and a statement from the CEO, Gary Rynsard.

Summary of Results

•Free reserves reduce by 3.25% to $286.21 million.
•Total entered tonnage rises to approximately 102.3 million GT.
•Number of claims falls but average cost increases, in particular for larger claims.
•Most expensive year on record for Pool claims.
•Combined gain on investments of $27.01 million, 3%.

The complete management highlight can be viewed online at http://www.steamshipmutual.com/Downloads/Manager-Highlights-PDFs/2013MHComplete.pdf, and  the company report and accounts can be viewed at http://www.steamshipmutual.com/Downloads/Finance-PDFs/2013ReportandAccountsComplete.pdf.
 

  • Heinrich Schoeller, Chairman

    Heinrich Schoeller, Chairman

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Del Mar Signs Agency Agreement with Ciramar

Del Mar Marine Corp. announced it has signed an agency agreement with Ciramar Shipyards allowing the company to promote Ciramar Shipyard´s docking and facilities

Bouchard Orders Two Newbuild ATB Tugs

Morton S. Bouchard III, President and CEO of Bouchard Transportation Co., Inc., today announced the next step in Bouchard Transportation Co., Inc.’s ongoing fleet

Great Lakes Shipyard Wins EPA Drydock Contract

Great Lakes Shipyard has been awarded a contract for the United States Environmental Protection Agency (EPA) vessel R/V Lake Explorer II. The scope of work will include drydocking,

Intermodal

Quality hat-trick for GAC Marine Logistics

Global ship spares logistics provider GAC Marine Logistics Inc. (GML) has secured ISO certifications in recognition of its Quality Management, Environmental

Hamburg Süd Opens Office in Nanjing

On August 1, Hamburg Süd will open an office in Nanjing, China, to be headed by general manager Steven Pu. Hamburg Süd now operates from 20 locations in Greater China.

New ICTF Boosts Crowley’s Efficiency

The opening of Florida East Coast Railway’s (FEC) new, state-of-the-art intermodal container transfer facility (ICTF) adjacent to Crowley Maritime Corporation’s Port Everglades, Fla.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.0881 sec (11 req/sec)