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Club News

20 Sep 2013

Charterer Pays Heavily for Breaching 'Safe Port' Warranty

Photo Wiki CCL

Charterer incurs US$138-million liability by breach of 'safe port' warranty in the 'Ocean Victory' case. Alistair Feeney, partner of London law firm Holman, Fenwick & Willan LLP gives valuable insights via London P&I Club news. The recent decision of the Commercial Court in Gard Marine & Energy Ltd v China National Chartering Co Ltd (The Ocean Victory) [2013] EWHC 2199 (Comm) serves as a useful reminder of how far charterers' warranties of port safety extend, and the size of the liabilities that may result when such warranties are breached.

27 Sep 2001

London Club Says Clubs Must Focus on Members' Needs

The withdrawal from the P&I market of a number of fixed premium insurers should not affect the priorities of the mutual clubs, according to John M. Lyras, Chairman of the London P&I Club. withdrawal or consolidation of so much capacity of this nature had not come as a great surprise. needs of the great majority of shipowners, particularly in view of the many services which the clubs provide. Lyras adds, however, that "the clubs will need to take care to avoid complacency by maintaining a strong focus on their members' needs". Lyras confirms that the London Club gained tonnage steadily during the 2000/2001 policy year, ending it with a successful renewal and thereby demonstrating its underlying strength and reputation. newbuildings are entered for FD&D risks.

05 Apr 2002

London Club achieves premium income targets

negotiations completed on February 20 this year. membership. Petros Pappas' Sentinel Marine Services in Greece. additional vessels with the Club. tonnage which did not meet its stringent quality requirements. expansion and strategic investment. the International Group of P&I Clubs. increases in premium income this year. been achieved in recent years".

10 Jan 2003

London Club Urges Members to Review Security Plans

Security (ISPS) Code. Organizations for the auditing and certification of security plans. the vessel's employment and business. which is also the date on which the ISPS Code comes into force. security plans, and approved auditing and verification. implementation of the new IMO measures.

12 Jun 2003

Call Performance and Claims Improvement For London Club

The London P&I Club has confirmed that, as at February 20, 2003, claims for the 2002 policy year were ten percent lower than for the 2001 policy year, and thirty per cent lower than for the 2000 policy year. Writing in the latest issue of its London Club News, the Club says the downturn in claims over recent years is “a great source of encouragement”. It adds that this positive trend, coupled with an improving fleet age profile and the Club’s proven ability in a difficult market to maintain calls in line with original estimates for many years, “bodes well for the continuing success of the London Club”. In April, the London Club Committee reaffirmed an initial supplementary call for the 2003/2004 policy year of forty per cent for the P&I class…