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 February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ThyssenKrupp Says Submarines Part of Growth Story

Germany's Thyssenkrupp sees its submarine business as making an important contribution to its growth targets, the head of its Industrial Solutions business area said on Tuesday.

Two Newbuilds Delivered to Star Bulk

Star Bulk Carriers Corp. took delivery on February 27 of M/V Honey Badger (ex HN NE 164) and M/V Wolverine (ex HN NE 165), two 61,000 dwt Ultramax bulk carriers

Brazil Truck Strike Diminishes

Some truck drivers in Brazil continued blocking roads on Tuesday, slowing grains deliveries to southern ports, even as adherence to the strike diminished and a

Intermodal

Brazil Truck Strike Diminishes

Some truck drivers in Brazil continued blocking roads on Tuesday, slowing grains deliveries to southern ports, even as adherence to the strike diminished and a

Faster Rotterdam-St Petersburg Link

The Rotterdam (Netherlands)-based neutral consolidator FPS Famous Pacific Shipping has launched a new, weekly ocean LCL service from Rotterdam to St Petersburg

Brazil Truckers Continue Roadblocks After Crackdown

Striking truck drivers resumed some roadblocks in Brazil on Monday even as the government cracked down on protesters and promised to implement a law to lower toll

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pipelines Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.3089 sec (3 req/sec)