Shipowners Claims Bureau News

19 Dec 2018

Crowley Promotes Harrison

Parker Harrison was named Crowley Maritime's SVP of procurement and risk management. (Photo: Crowley Maritime)

Crowley Maritime appointed Parker Harrison to its leadership team as senior vice president of procurement and risk management, effective Jan. 1, 2019. Harrison, former VP of procurement, will continue to be based at the company’s headquarters in Jacksonville, and will report to Bill Pennella, vice chairman and executive vice president.In her new role Harrison will work across all of Crowley’s business units to strategically align risk management functions while continuing the company’s procurement transformation into a strategic center-led competency.

30 Jul 2018

American P&I Club Manager Prepares for Further Growth

Dorothea Ioannou (Photo: The American Club)

Shipowners Claims Bureau, Inc. (SCB), the Manager of the American P&I Club, has recently announced a series of appointments designed to service the Club’s growing membership and help fulfil longer-term goals of continued expansion. The American Club has grown its membership substantially over recent years, tonnage having increased by some 25 percent over the past 24 months, and these appointments are intended to consolidate the Club’s continuing service capabilities in the future.The…

09 Jan 2017

American Hellenic Insures 1,000 Vessels

Photo: American Hellenic Hull Insurance Company

American Hellenic Hull Insurance Company (AHHIC) has already provided cover for 1,000 vessels managed from Europe, the Americas and Asia, said said Vincent Solarino, Chairman of the Board of Directors of AHHIC and President and COO of Shipowners Claims Bureau, managers of the American Club. The company’s remarkable initial success that exceeds targets for first six months, underlines its ability to become a global player in the marine hull market as well as industry recognition of AHHIC’s backers and managers, he said.

03 Jan 2017

The American Club Celebrates Its Centenary

	Joe Hughes, Chairman and CEO of the American Club’s managers, Shipowners Claims Bureau, Inc. (Photo:  American Club)

The American P&I Club was founded in New York nearly a century ago. To celebrate its first 100 years, a book entitled The American Club: A Centennial History has just been published. The book tells the story of the Club across ten decades of maritime and marine insurance history both within the United States and across the world. Its author is Richard Blodgett, a former Wall Street Journal reporter whose previous credits include histories of the New York Stock Exchange, Kohler and Co. and JPMorgan Chase & Co. The American Club was founded in February, 1917.

24 Jun 2016

The American Club Reports Solid Progress in 2015

Arnold Witte (Photo: Donjon Marine)

The American Club reported solid progress during 2015 at the annual meeting of its members held in New York yesterday. Despite a challenging economic climate, the Club’s business developed respectably, and 2016 had started on a positive note. The Club’s tonnage and revenue experienced some attenuation in 2015 as global trade slowed and freight markets continued to struggle. Following the 2016 renewal, year-on-year tonnage entered for P&I and FD&D risks was stable at about 14 million GT for the former and 9 million GT for the latter class of business…

12 May 2016

Maritime Hall of Fame Honors Marine Visionaries

C Duff Hughes (Photo:Maritime Association of the Port of New York & New Jersey)

The 23rd Annual International Maritime Hall of Fame reception and awards dinner took place yesterday evening in New York where five individuals were honored in front of more than 350 of their colleagues from the international maritime transportation industry. The Maritime Association of the Port of New York and New Jersey founded the Annual International Maritime Hall of Fame in 1993 to recognize maritime visionaries who, through excellence in their company, organization or services, best exemplify the qualities of futuristic thinking that guides the maritime industry.

23 Nov 2015

American Club Announces 2.5% Increase

Joe Hughes (Photo: American Club)

At its meeting in New York on November 20, the American Club’s board resolved to levy a general premium increase of 2.5 percent for P&I cover, but no increase in the cost of FD and D for the 2016 policy year. The club’s board also reviewed release call requirements for open policy years, reducing the margins for 2013 and 2014, and undertaking to revisit the 2015 figure in the first half of 2016. In reaching these decisions, the board took account of the club’s recent performance against a background of the overall economic climate…

18 Jun 2015

American Club: Solid Progress despite Challenging Market

Joe Hughes (Photo: American Club)

The American Club reported solid progress during 2014 at the annual meeting of its members held in New York today. Despite a challenging economic climate, the club’s business had developed favorably, and 2015 had started on a positive note. Tonnage and revenue grew strongly at the outset of 2014, but faded slightly later in the year as freight markets struggled. However, premium pricing remained firm, despite the enduring effect of “churn” as older, higher-rated vessels continued to be replaced by younger, lower-rated ships.

14 Jan 2015

NY Shipping Conference Speakers Announced

Conference organizers have announced the speaker lineup for the 21st annual Hellenic-American and Norwegian-American Chambers of Commerce conference, often called the New York Shipping Conference. Entitled “The Life of a Ship”, the conference will feature luminaries including Steinar Nerbovik of Aker Philadelphia Shipyard, Ben Ognibene of Heidmar, Craig Stevenson Jr., Joseph Hughes of Shipowners Claims Bureau, Paal Johansen of DNV GL, and Angela Chao of Foremost Group . The event will be held on Wednesday, February 11 at the Waldorf-Astoria starting at 8:15 a.m. with conference registration and continental breakfast sponsored by DNB Bank ASA. The luncheon keynote speaker will be Sturla Henriksen, CEO of the Norwegian Shipowners’ Association, organizers said.

06 Dec 2014

American Club Strengthens Asia Presence

Katherine Wang, who is well known in Asian P&I circles, has joined the American Club as assistant vice president and marketing manager for Greater China and Northern Asia. In the first instance she will be stationed in the Hong Kong office of the club's managers, Shipowners Claims Bureau, and thereafter will be deployed to Dalian in Northern China - where in fact she graduated from Dalian Maritime University, obtaining her Bachelor’s Degree in International Shipping Transportation. Ms Wang joins SCB from another international group P&I club, where she was employed as an underwriter. Prior to that, she worked at China Shipping (Hong Kong) Marine Co. Ltd. in its chartering department, specialising in the dry bulk sector.

14 Aug 2014

American Club Issues Steel Cargo Warning

The American P&I Club has updated its advice to members on the handling of steel cargoes. It has done so in consequence of some recent cases where the absence of pre-loading surveys increased the cost of steel cargo claims on discharge. It first raised the problem in a March 2002 circular, making extensive recommendations so as to minimise the prospect of spurious steel cargo claims. In a new circular, Shipowners Claims Bureau, Inc. (the managers) state that since then members have for the most part followed the guidance and made progress in minimising and averting the risks…

29 Jul 2014

American P&I Club Rings in Posidonia

Stuart Todd

While Posidonia is well regarded for its exhibition, it is famous for its parties. The American Club held its traditional party on the evening of Thursday, May 29, to mark the start of Posidonia week, with more than 600 guests from the club’s expanding Greek membership, as well as club directors and representatives from the Greek maritime industry, attended a buffet reception on the rooftop of the Royal Olympic Hotel in central Athens. The occasion proved to be an ideal opportunity for the club’s leading underwriter…

09 Jun 2014

American Club Rings in Posidonia 2014

Stuart Todd

The American Club held its traditional party on the evening of Thursday, May 29 to mark the start of Posidonia week. More than 600 guests from the club’s expanding Greek membership, as well as club directors and representatives from the Greek maritime industry, attended a buffet reception on the rooftop of the Royal Olympic Hotel in central Athens. The event was also attended by Miltiades Varvitsiotis, the Greek Minister of Shipping and the Aegean, together with senior diplomats from the U.S. Embassy to Greece.

21 May 2014

Maritime Administrator Paul “Chip” Jaenichen to Close NMDay 2014

Paul “Chip” Jaenichen

Acting Maritime Administrator, Paul “Chip” Jaenichen will close the “Safety at Sea” Seminar being hosted by North American Marine Environment Protection Association (NAMEPA) at the National Press Club from 2:30-6:00pm. NAMEPA’s seminar will join industry and governmental leaders as they discuss issues of the day surrounding Safety at Sea. The seminar is designed to highlight both best practices and opportunities for improvement. Immediately following the “Safety at Sea” seminar…

16 Jan 2014

New Bulk Carrier E-Learning Module

A new addition to the existing catalogue of the American P&I Club’s e-learning modules covers compliance with the mandatory requirements of the IMO’s International Maritime Solid Bulk Cargoes (IMSBC) Code. Speaking in New York, Dr William Moore, senior vice president of Shipowners Claims Bureau Inc. (the club’s managers), said, “The aim of this timely initiative is to provide club members with relevant and useful training tools for safety and environmental protection compliance.

06 Dec 2013

American Club Strengthens Management

Michael Hansen

The American P&I Club is reorganizing its underwriting and business development functions into a regionalized structure comprising the Americas, EMEA (Europe, Middle East, Africa), South and Southeast Asia, and Greater China and North Asia. “The more focused application of resources created by this new structure is intended further to improve service delivery to members, brokers and the club’s other business associates,” Joe Hughes, chairman and ceo of managers Shipowners Claims Bureau Inc.…

03 Oct 2013

Nickel Ore Shipments: Lessons Learned from Losses

One of the most pressing problems for the bulk shipping industry is the safe carriage of nickel ore. The increasing demand for this commodity is fuelled by China’s thirst for nickel ore as it is the principal alloy component for stainless steel. Chinese nickel ore imports have spiraled from nearly 5m metric tons (mt) in 2006 to near 50m mt in 2011. The bulk of these imports come from Indonesia, with the Philippines now running very close behind. But this fast-expanding trade has been marred by the heavy price paid in terms of lives and vessels lost. In August, the 2012-built Trans Summer sank off Hong Kong, but all 21 crew were saved by rescue helicopters. All these vessels were carrying nickel ore from Indonesia to China.

15 Apr 2013

Turkey Raises the Stakes on Pollution Fines

Turkish authorities implemented a revised Pollution Fine Tariff that will apply to pollution incidents taking place in this calendar year. In an urgent alert to American P&I Club members, the managers, following advice from their correspondent in Turkey, Vitsan A.S., Istanbul, recommend that shipowners and their masters take all possible steps not to cause any pollution by leakage/spillage of any kind of materials (ie, paint, oil, bilges, clean and dirty ballast, all kinds of residue, garbage, dirty water, sewage, water, laundry water with detergent, lavatory soap water, shower water, dust, rust, etc.) during ship visits to Turkey. The very stiff fines…

20 Mar 2013

American Club Reinforce Onboard Safety Advice

The American P&I Club’s latest e-learning tool module has been released to members. This is the introduction to the American P&I Club’s latest e-learning tool that has been produced by Shipowners Claims Bureau Inc., the managers, in association with IDESS IT, and is aimed to reinforce onboard safety advice. The new module, 'The Case of the Invisible Assassin', focuses on the hazard of entering enclosed spaces on bulk carriers – which represent the largest tranche of vessels entered in the club. The module is a companion to 'The Case of the Silent Assassin', that dealt with enclosed spaces on tank vessels, released in 2011. All the club’s modules are accessible wherever there is an internet connection, or through the shipboard Plug&Pay system.

18 Feb 2013

American P&I Club Recruits Two Key Managers

Colin Snell: Photo credit SCB

Shipowners Claims Bureau Inc., American P&I Club managers, make appointments in underwriting and survey, & technical departments. Colin Snell has been recruited to SCB’s underwriting department to support the club’s European and North American business. An English lawyer by training, Colin has extensive experience in P&I, having earlier occupied senior positions with other major International Group P&I Clubs in London and New York. As vice president, working closely with Stuart Todd and his colleagues…

09 May 2012

American P&I Club 100 Day Initiative

The American P&I Club is this month launching an ambitious initiative aimed at feeding 100 needy families for 100 days in embattled Greece, as well as supporting children with special needs. In a link-up with three long-established charities in Greece, the club will launch its campaign at an evening roof garden reception in central Athens on Thursday, May 31, to mark the start of Posidonia 2012 that will take place the following week. After careful research by a donation project committee comprising three Greek members of the club’s board of directors and representatives of the managers…

27 Jan 2012

American Club has New Principal Surveyor

John Poulson, vice president, principal surveyor

John Poulson Rejoins Management Team. Well-known surveyor John Poulson, a highly-experienced former mariner, is rejoining the American P&I Club’s management team on February 1 as vice president, principal surveyor and head of the survey and technical department. He worked with the club’s managers for several years in the middle of the last decade before moving to GL Noble Denton (as it is now), New York, where he had oversight and responsibility for that company’s operations throughout the Americas.

23 Nov 2011

American Club Seeks Premium Hike

The American Club is seeking a 5% increase in all classes of premium (mutual and fixed-premium) for both P&I and FD&D for the 2012 policy year that starts on February 20 next. This was decided by the directors when they met in New York. There is no expectation of any unbudgeted supplementary calls for any open year. However, the directors ordered the levying of the 25% supplementary call, as originally forecast, for 2011, for both mutual P&I (Class I) and FD&D (Class II) entries. The release call for the year will remain at 25% over and above the supplementary call. Last week, it was announced that S&P had raised its counterparty credit and financial strength rating on the American Club a full notch to BB+, with a stable outlook, from BB.

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