UK P&I Club Sees Positive Renewal Season
The UK P&I Club, a shipping protection and indemnity mutual insurer, has announced its renewal results for 2016 following the closure of the renewal season on February 20, 2016. At this renewal the Club experienced a net gain of 4 million entered tonnes. A year-on-year net increase of 8.5 million entered tonnes of mutual business takes mutual-owned tonnage to approximately 135 million tonnes, an increase of approximately 6.5 percent. Combined mutual-owned and chartered tonnage now stands at more than 225 million gross tonnes.
Northrop Grumman Awarded Contract to Develop Shipboard Warning System
Northrop Grumman Corporation has received a contract from the U.S. Coast Guard Research and Development Center and their sponsor, the Office of Naval Research, to develop an electro-optic based system intended to warn surface vessels and aircraft in violation of ship protection zones of U.S. Navy and Coast Guard vessels at anchor or in port. The development of the Detection and Unambiguous Warning System (DUWS) will leverage the Northrop Grumman Venom system, a gimbaled version of the company's combat-proven lightweight laser designator rangefinder. The DUWS warning system is comprised of red and green lights mounted side-by-side on the deck of a ship. Shipboard operators aim the lights at an inbound surface or airborne intruder determined to be encroaching the ship's protection zone.
UK P&I Club Announces Positive Renewal
Estimated increase of renewal premium of seven percent. For many UK Club Members, subdued earnings and a lingering shipping recession remain an unwelcome fact of life. However, UK Club premium needs to address underlying claims inflation, as well as a future pick up in claims frequency from what have been record low levels. Hugo Wynn-Williams, Chief Executive of Thomas Miller P&I, the UK P&I Club’s managers, said, “It has been another good and solid renewal for the UK Club marked by continued controlled growth for a third year in succession whilst preserving a disciplined approach to underwriting.
Canada Unveils New Arctic Shipping Safety Regulations
Canada's Arctic is a vast and diverse region that is an integral part of this country. Marine transportation in the Arctic connects Canada to other countries and provides an essential lifeline for northern communities. To uphold the Government of Canada's high standards for marine shipping in the north, Transport Canada has introduced new Arctic Shipping Safety and Pollution Prevention Regulations. The regulations incorporate the International Code for Ships Operating in Polar Waters (the Polar Code) into Canada's domestic legislation.
GUARDIAN Antipiracy Barriers Available to Lease
Guardian Maritime announced that GUARDIAN antipiracy barriers are now available to lease. A passive solution against the threat of piracy, GUARDIAN ship protection system provides worldwide 24/7 protection against stowaways, robbery and piracy for vessels, crew and cargo at sea, anchor or in port, as well as static installations such as oil rigs. Offering an affordable solution, with no initial outlay, the GUARDIAN leasing scheme provides the flexibility of a passive solution, at a fixed quarterly price.
Security Advisory: Piracy – Revision of BMP4 High Risk Area
BIMCO says that the co-sponsors of BMP 4 have agreed to a revised definition of the High Risk Area. The revisions are effective and will formally apply as of 1 December 2015, in order to give shipping companies and crews time to adapt to them. It is strongly recommended that the revisions are taken into account as soon as possible for voyages through the VRA and HRA for which risk assessments are yet to be conducted, as the changes may have implications for charter party and insurance agreements as well as ship security.
$22 Mln Cocaine Bust in Port of Philadelphia
U.S. Customs and Border Protection (CBP) said its officers in the Port of Philadelphia seized 709 pounds of cocaine concealed inside furniture on a containership arriving from Puerto Rico, the largest local cocaine load discovered by the CBP in a decade. Officers made the discovery after detecting an anomaly in one of the shipping containers while conducting inspections a seaport in Pennsauken, N.J., on November 2. The contents of the container were emptied at CBP’s Centralized Examination Station in Philadelphia…
Thomas Miller Awards Robin Travis Scholarship
The UK P&I Club one of the leading shipping protection and indemnity mutual insurers, has awarded Tobias Rennekamp the Robin Travis Scholar for 2015. Tobias will spend three months in the Thomas Miller London office and the offices of selected lawyers, surveyors, insurance brokers and other shipping, transport and insurance businesses. Tobias is currently an Assistant Operations Officer at Liberty One Shipmanagement GmbH & Co KG in Bremen and is actively involved in all aspects of managing its fleet of handy size bulk carriers.
L-3 MAPPS Awarded Contract for Degaussing Systems
L-3 MAPPS won a contract to supply degaussing systems for the Royal Canadian Navy’s 12 KINGSTON-Class Maritime Coastal Defence Vessels. These degaussing systems will be delivered and supported locally in collaboration with SAM Electronics, an L-3 company, which produces one of the most effective means of ship protection against modern sea mines. The SAM Electronics solution reduces the magnetic signature of ships to safe levels mitigating the threat from sea mines and has been successfully delivered to 15 of the world’s leading navies. We are pleased to expand the scope of our product and service offerings in Canada to include electrical systems from L-3’s SAM Electronics business,” said Rangesh Kasturi, vice president of marketing and sales for L-3 MAPPS Marine Systems and Simulation.
Foster-Miller Awarded $1m Contract for Boat Trap Net
QinetiQ subsidiary Foster-Miller Inc, has been awarded a $1 million contract to further develop its advanced Boat Trap system by the United States Department of Defense Joint Non-Lethal Weapons Directorate, working closely with the US Coast Guard. Designed to bolster US harbor security and protect coastal military bases abroad, Boat Trap is a non lethal, ballistic net that is deployed from a helicopter into the path of a threatening speedboat traveling at high speed. It is designed to entangle the propeller, causing the craft to immediately stop. Port security and ship protection has become a central issue in the war on terror and recent assessments of US port security has highlighted the risk from terrorists' using speed boats as a mode of attack.
UK P&I Club: 7.5% Rate Increase
At its annual board meeting on 29 October 2012, the board of the UK P&I Club (the Club), one of the oldest shipping protection and indemnity insurance mutuals, agreed that the general increase for 2013 renewal will be 7.5 percent. The premium rating increase is in addition to any increase in the cost of the International Group reinsurance premium for 2013 for the mutual members, which will be determined in the New Year. Recognizing the challenges faced by its members and the Club’s strong capital position, the Board has separately declared a Mutual Premium Discount of 2.5 per cent on the total mutual call for the 2011 policy year. The discount will amount to a 10 per cent deduction for all mutual members for the final instalment of the 2011 call due in December this year.
UK P&I’s Europe Club Receives Upgrade
The UK P&I Club (the UK Club), one of the oldest shipping protection and indemnity insurance mutuals, has announced that ratings agency Standard and Poor’s has extended its ‘A – ‘ rating to The United Kingdom Mutual Steamship Assurance Association (Europe) Ltd. (the Europe Club). This news follows the November announcement that Standard and Poor’s upgraded the outlook for The United Kingdom Mutual Steamship Assurance Association (Bermuda) Ltd. (the Bermuda Club) to “Positive.” This upgraded ‘Positive’ outlook also extends to the Europe Club. As part of an internal reorganisation ahead of the introduction of Solvency II regulations, the Europe Club will become the group’s main provider of direct insurance from February 2013.
UK P&I Club Welcomes Standard & Poor’s Upgrade
It also noted the Club’s improved operating performance as evidenced by the combined ratio, strength of management strategy, and the improvement in its competitive position. Dino Caroussis, Chairman of the UK P&I Club, said: “This is a welcome endorsement by S&P of the UK Club’s efforts to maintain balanced underwriting and a strong capital position in an environment of rising claims costs and volatile investments. Hugo Wynn-Williams, chief executive of Club managers Thomas Miller P&I Ltd…
P&I Clubs Welcome Changes on Container Weighing
UK P&I Club, a shipping protection and indemnity mutual insurers, and TT Club, an international transport, freight and logistics insurance provider, have welcomed the amendment to the Safety of Life at Sea Convention (SOLAS) from the International Maritime Organization (IMO) on the requirement that containers have a verified gross mass before being loaded onto a ship. The requirement becomes mandatory on July 1, 2016, after which date it would be a violation of SOLAS to load a packed container onto a ship if the ship and marine terminal operator do not have a verified container gross mass. Operators who fail to comply will be fined or penalised.
IMCA Publishes Security, Emergency Guidance
The threat to maritime security from piracy, terrorism, criminal acts, and hostage and kidnapping threats continues to pose challenges to ships’ owners, masters and crew members, and has resulted in the International Marine Contractors Association (IMCA) (Booth S16 at OTC) publishing ‘Security Measures and Emergency Response Guidance’ (IMCA SEL 037, IMCA M 226). “Safety is of paramount importance, and our document aims to provide guidance to masters, company and ship security officers and other crew members and staff…
Sunken Vessel Discharging Oil in West Virginia
Towboat Gate City has sunk and is reportedly discharging oil near mile marker 8 on the Big Sandy River near Butler, W.Va. The vessel is discharging oil into the river “with a maximum potential of 5,000 gallons,” according to the U.S. Coast Guard, who said it received a report that the vessel had sunk at its mooring Wednesday morning. A Coast Guard pollution response team arrived on scene and is working with the oil spill response organization Weavertown to deploy boom and contain the oil and begin cleanup operations.
MISHA to Install DESMI BWMS Fleet-wide
Danish firm DESMI Ocean Guard A/S said it has finalized a contract to supply CompactClean ballast water management systems (BWMS) to the entire fleet of Turkish ship owner MISHA Shipping. The contract includes delivery of 10 CompactClean BWMS in sizes from 340 to 750 m3/h, with the first system to be delivered later in 2018 for the m/v Mohican currently under construction. MISHA Shipping is a privately held company with both shipping and shipyard activities. Its vessels are shallow-draft dry cargo vessels primarily designed for operations in Russian inland waters…
NATO Chief Warns of Increasing Pirate Activity
In the last few days the number of pirate attacks off the coast of Somalia has increased highlighting the fact that now the monsoon is weakening, the pirates are once again ready to attack merchant ships transiting through the Indian Ocean. MC Northwood's Chief of Staff, Rear Admiral Hank Ort (NLD N) states, "in the last few years, it has been the case that come October when the South West monsoon weakens, the pirates have been able to put to sea and we have seen the number of attacks on merchant vessels increase.
Navy Installs First Onboard Ship Protection System to Thwart Terrorist Attacks
The Navy will field the first Shipboard Protection System (SPS) aboard a naval surface combatant this month. The SPS equips the ship’s commander with organic tools to rapidly assess asymmetric threats and defend against terrorist attacks like the one that severely damaged the USS Cole in 2000. Ultimately, most U.S. naval surface vessels will have an SPS onboard to provide integrated anti-terrorism/force protection capabilities while operating in littoral waters, such as foreign or domestic ports, restricted waterways, and coastal areas, where naval ships might be attacked by terrorist. To transition the technology as rapidly as possible to the fleet…
Marad Advisory (2011-05) to Mariners: Risk to Vessels Transiting High Risk Waters
1. THIS MARAD ADVISORY PROVIDES INFORMATION ON THE RISK TO VESSELS TRANSITING THE HIGH RISK WATERS (HRW) OF THE GULF OF ADEN (GOA), RED SEA, INDIAN OCEAN, ARABIAN SEA AND WATERS OFF THE HORN OF AFRICA (SOMALIA). 2. THIS ADVISORY WILL BE PUBLISHED ON THE MARAD WEB SITE AT WWW.MARAD.DOT.GOV UNDER THE HORN OF AFRICA PIRACY PORTAL AND ON THE US COAST GUARD HOMEPORT SITE AT HOMEPORT.USCG.MIL/PIRACY. OTHER PERTINENT INFORMATION IS ALSO POSTED ON THESE WEB SITES. 3. U.S.-FLAG OPERATORS WITH SHIPS IN THE AFFECTED AREAS ARE REQUESTED TO FORWARD THIS ADVISORY TO THEIR SHIPS BY THE MOST EXPEDITIOUS MEANS. 4. U.S.- FLAG SHIPS OPERATING IN HRW ARE REQUIRED TO COMPLY WITH US COAST GUARD MARITIME SECURITY (MARSEC) DIRECTIVE 104-6 (CURRENT VERSION).
Hanjin Ship Unloads, New Funds Pledged
A Hanjin Shipping Co Ltd vessel is finishing unloading in California and scheduled to leave port on Monday, shipping industry officials said, as shareholders and executives associated with the South Korean firm pledged funds to help resolve the turmoil created by its collapse. The Hanjin Greece docked in Long Beach on Saturday after a U.S. bankruptcy court granted it protection and terminal operators agreed to take it. Truck drivers probably will begin moving containers from the Greece on Monday while the vessel prepares to leave late in the day for the Port of Oakland…
UK P&I Club's Good Results in Difficult Times
London, 11 May 2016 – The UK P&I Club (“The UK Club”), one of the leading shipping protection and indemnity mutual insurers, announces its financial results for the year ended 20 February 2016. Alan Olivier, Chairman of the UK P&I Club, comments, “2015 has proved to be another good year for the Club culminating with a very positive renewal. On the financial side, we ended the year with a small surplus despite a loss from our investment portfolio. This positive result in a poor year for the investment markets can be attributed to our disciplined approach to underwriting.
Aleutian Islands Gets Shipping Protection Zone
The International Maritime Organization (IMO) approved protective buffer zones (“Areas to be Avoided”) around Alaska’s Aleutian Islands, approximately 10 years after a shipping disaster occurred off its coasts. In December 2004, the M/V Selendang Ayu foundered off the Aleutians amidst severe weather and was blown to shore, eventually breaking into two pieces and causing more than 300,000 gallons of toxic heavy fuel oil to spill into pristine marine waters and resulted in the deaths of six crew members. Shipping in and around the Aleutian Islands is significant. In 2012, nearly 2,000 individual vessels made more than 4,600 transits through Unimak Pass at the eastern end of the island chain.