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London Club

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, in line with the estimate first advised in November 2002. Paul Hinton, Chief Executive of A Bilbrough & Co, managers of the London Club, says, “Financial stability is of fundamental importance to the London Club, its managers, and its members. The Club’s sound financial base and the steps taken towards supporting its reserves, without recourse to third-party financing, are crucial elements in maintaining its overall strength.”


Maritime Industry May Lack Sensitivity to Psychological Issues

THE London P&I Club has drawn attention to the continuing need for recognition and understanding of psychological disorders affecting those employed in the shipping industry. In the latest issue of its StopLoss Bulletin, the Club indicated that psychological problems are often not identified, or dealt with, as quickly, as knowledgably or as sympathetically as is the case with physical illness and injury. The Club quotes Prof Francesco Amenta, CIRM Scientific Director


Rayfield Mills Opens London Office

Rayfield Mills a U.K.-based firm of solicitors specializing in maritime and international trade law, opened a new office in London today. Located at 150 Minories, the new office is in the heart of the capital’s shipping and insurance sector. The move to London gives Rayfield Mills the opportunity to consolidate and expand its insurance practice as well as reinforce its relationships with leading P&I clubs. Lloyd’s underwriters other London-based clients


TT Club Welcomes London Gateway’s First Scheduled Vessel

With the arrival of MOL Caledon, DP World’s London Gateway received its first scheduled ship call last week. Specialist freight transport and cargo handling insurer, TT Club provides the liability cover for the U.K.’s newest container terminal. The sheer enormity of the operation at London Gateway is underlined by the vital statistics it will boast when it is completed – 2,700 meters of quayside, 24 gantry cranes (each weighing more than 1


London P&I Club Renews Warning on Cargo Liquefaction

The London P&I Club said the lifting of an iron ore ban in India, together with the recent total loss of two ships, has put the spotlight once again on the problem of cargo liquefaction. In the latest issue of its StopLoss Bulletin, the club said, “There are specific challenges involved in the export of iron ore fines from Indian ports during the monsoon season which can increase the moisture content of the cargo to levels where liquefaction can occur


New Guidance: Reducing the Risk of Propulsion Loss

© tantawat / Adobe Stock

Bureau Veritas, TMC Marine and the London P&I Club have issued a new booklet providing operational guidance for preventing blackout and main engine failures.   In a joint project, classification society Bureau Veritas and consultancy TMC Marine, a Bureau Veritas Group Company since 2016, have cooperated again with the London P&I Club to produce the second booklet in a series on loss prevention issues.  


Shipowners’ Club Registers Strong 2010 Results

Excellent financial results have been reported by the Shipowners’ Club for the trading year ending February 2011.  Positive growth or improvements across almost all parameters have been recorded, from increased tonnage and numbers of vessels entered, to an up-lift on gross earned premiums to US$196.8 million (up 13% on last year) and an underwriting surplus of US$25.2 million. Chairman of the Club, Donald MacLeod puts the recent success of the Club down to the diversity of its


TT Club Spots Innovation Trend in Logistics Sector

Insurance specialist in the global freight industry, TT Club, sees proliferation in technological capabilities & tailored supply chain processes. A long-term supporter of the British International Freight Association (BIFA) Awards, TT Club sponsored the 2012 European Logistics Award.  TT Club’s Development Director for UK and Ireland, Brian Sullivan was part of the judging panel that employed a stringent vetting process to find the winner, Delamode International Logistics


London International Shipping Week Set to Benefit Seafarer Charities

LISW_logo.jpg

Four leading charities supporting seafarers and their families are set to benefit from the inaugural London International Shipping Week (LISW), taking place in the U.K. capital this September. Apostleship of The Sea, Mission To Seafarers, Sailors’ Society and Seafarers U.K. have been chosen by the LISW Steering Group to be the beneficiaries of fund-raising efforts during the week-long shipping showcase. London International Shipping Week kicks off with a Charity Golf Day at Walton


Dry Land Big Row Benefits Lake Malawi Health Project

Photo courtesy of Thomas Miller P&I

Three heroic teams of oarsmen from Thomas Miller P&I in London as well as sister team at Thomas Miller Asia-Pacific have all successfully completed their legs of the Big Row charity event. In total some eighty teams from the international maritime community took part in a 'virtual' row of the length of Lake Malawi to raise funds for the ongoing refurbishment of the 'MV Chauncy Maples' as a medical clinic ship. The main event took place in Spitalfields Market in the City of London on the


The Shipowners' Club Reports Steady Half Year Results

Photo: The Shipowners Club

 The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported steady financial results for the six months ended 30 June 2017, despite challenging market conditions.    The Club recorded a 99


Risk Ahoy: New Game App Promotes Safety at Sea

UK P&I Club, a provider of P&I insurance and other services to the international shipping community, has launched Risk Ahoy, a new gaming app that highlights in an engaging and interactive manner the hazards face by those on board ships on a daily basis.   


Hong Kong and UK Strengthen Maritime Ties

Left: Chan Fan, Frank, JP, Secretary for Transport & Housing, Hong Kong Government; right: Maritime London Chairman,  Lord Mountevans ; back: UK Minister of State for Transport Legislation and Maritime, John Hayes, CBE, MP. (Photo: Maritime London)

 Representatives of the British and Hong Kong maritime business sectors have agreed to forge a closer working relationship.   Under the terms of a new Memorandum of Understanding, Maritime London and the Hong Kong Maritime & Port Board (HKMPB) will cooperate in a range of areas


How to Legally Remove a Hazardous Wreck

Photo:  International Maritime Organization (IMO)

 What is the legal basis for removing a hazardous wreck at sea? Who bears the liability? These and many other wreck removal questions were addressed by IMO’s Jan de Boer at the ACI’s Maritime Salvage & Casualty Response conference in London (13-14 September).  


London P&I Club Reports Increased Free Reserves for 2016/2017

Ian Gooch (Photo:  London P&I Club)

The London P&I Club has issued an advance summary of its result for the 2016/2017 financial year, ahead of the publication of its annual report. The Club recorded an overall surplus of $27.3 million, increasing the free reserve to $188 million.


The Shipowners' Club Bounce Back to Black

Image: The Shipowners Club

 The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has reported resilient results for the year ending 31 December 2016.   The Club has reported a combined ratio of 98.6%, an increase in gross tonnage of 0.8m to 25


New Container Facility at DP World London Gateway

Solent Stevedores to open five acre facility at DP World London Gateway. Photo: DP World

 A new off-dock empty container storage yard is to be opened at DP World London Gateway Port.    The five acre yard will be operated and managed by Solent Stevedores, an award-winning stevedoring company with a broad range of bulk and general cargo handling and storage services at


London Eyes Top Maritime Center Slot

Photo: UK Chamber of Shipping

 London has risen from sixth place overall in 2015 to fifth place this year the world’s top maritime centre in Menon Economics’ Leading Maritime Capitals of the World report for 2017 – despite the uncertainty of Brexit.  


DP World London Now Handles Far East Calls

Photo: by Andrew Bowen, DP World

 MOL Triumph, the first of the world’s largest and newest vessels to call in the UK, arrives in Southampton on THE Alliance's FE2 service as new third deep-water berth opened at London Gateway in April, ahead of first regular Asia-Europe service starting.  


SUNY Maritime Cadets Receive Crowley Scholarships

Kent Napoliello (Photo: Crowley)

Four cadets at State University of New York (SUNY) Maritime College have been awarded Thomas B. Crowley Memorial Scholarships to help further their educational opportunities, Crowley Maritime Corp. announced.   Recipients Jacob Ennerfelt, John Szczecinski


S & P Credit Rating for Shipowners’ Club

Photo: The Shipowners Club

 Following a request by The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg), as from 19 May 2017 AM Best will  no longer provide a rating of the Club.   This decision was taken by the Club in December 2016 following a review of the costs and benefits of


AHHI Insures 1,900 Vessels in First Year

Photo: American Hellenic Hull Insurance

 Cyprus-based American Hellenic Hull Insurance (AHHI) surpassed key targets during its first year of operation: 1,900 insured vessels, written premium income exceeded $10 million and covered 35 million GT on 100% basis, said a press statement.  


Standard Club Establishes New Offshore Advisory Committee

Logo: The Standard Club

 The Standard Club is driving developments in offshore P&I with the launch of the Standard Club Offshore Advisory Committee (SCOAC). SCOAC aims to analyse offshore trends, assist the club in further understanding and disseminating industry best-practice and develop new strategies to


Pentalver to Expand Container Facility at DP World London

Photo: DP World

 Pentalver Transport Limited has commenced work on Phase two of its container facility at DP World London Gateway.  Work started to expand the container yard, located on Berth Seven of the logistics hub, on Monday, August 15.  


Wight Shipyard Delivers Ferries for London

(Photo: Wight Shipyard Company)

Sydney has its Harbour Ferries, Hong Kong its Star Ferries and New York the instantly recognizable Staten Island Ferries. Add to that list London, for increasingly the fleet of MBNA Thames Clippers is becoming as identifiable with the British capital as its famous red double decker buses.  






 
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