Marine Link
Sunday, February 18, 2018

Standard Club News

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 provide a focused direction for the benefit of the club’s offshore membership. The committee consists of leading offshore players including Allseas Group, Bumi Armada, Floatel International, Nortrans Offshore, Saipem, SBM Offshore and Subsea 7 – all members of The Standard Club.

Standard Club to Host MLC Seminar in Istanbul

The Standard Club will address an audience of over 120 Turkish shipowner representatives and brokers on the Maritime Labor Convention (MLC) at a seminar at the Turkish Chamber of Shipping in Istanbul on Wednesday, November 6, 2013. Turkey is expected to ratify the MLC in the near future. The seminar will also cover other current topics of interest to shipowners including Electronic Bills of Lading. The MLC 2006, which came into force on August, 20 2013, is currently ratified by 47 countries representing 76pc of the world’s gross tonnage. Oliver Hutchings, Syndicate Claims Director, and Simon Hart, Claims Executive will provide an update on how Turkish shipowners can meet the requirements of the MLC…

Inspection of Ships of 18 Years or Older in Brazil

Image: The Standard Club

The Standard Club has been informed by its local correspondent in Brazil that following recent casualties involving bulk carriers, a series of new inspection requirements have been imposed in Brazilian ports for certain ships that are 18 years or older. Brazilian flagged bulk carriers that have been converted from oil tankers, carrying cargo with a density equal to or greater than 1.78 t/m3, such as iron ore, require inspections from Flag State Control before the commencement of loading.

New Training Program on Near-miss Reports

Photo: Videotel

Videotel, a KVH company, has launched a new training program, “Report a Near-Miss, Save a Life”, in association with The Standard Club, a protection and indemnity (P&I) club, which insures ship owners, operators, and charterers for their liabilities to third parties. The training program examines the importance of sharing near-miss reports, so that lessons can be learned and publicized throughout a fleet, to help reduce the chances of similar incidents happening. Although standards have improved…

First Candidates Complete International Group P&I Qualification

Nick Taylor, underwriter at the Standard Club

The first group of candidates has successfully completed the full Protection and Indemnity Qualification (P&IQ). The examination program was launched in 2010 by the International Group of P&I Clubs (IG) to support education in P&I insurance. The successful candidates were presented with their certificates by Grantley Berkeley, Chairman of the IG and of Tindall Riley (Britannia) Limited, at an awards ceremony to mark the candidates’ achievements held on 12th November 2013 at the Watermen’s Hall in London.

Hazard Awareness Competition for Seafarers Launched

In an initiative to raise awareness of potential hazards at sea, The Standard Club and the International Chamber of Shipping (ICS) have joined forces to launch a ‘Spot the Hazard’ competition open to any seafarer worldwide. With USD$10,000 of prize money, the competition has been designed to help those working at sea identify hazards and to promote the critical importance of accident prevention. Seafarers entering the competition will be asked to identify hazards shown on a series of images depicting typical scenes on board ship. Seafarers are also invited to submit a safety idea relevant to the image[i] that can be shared throughout the industry.

Drive to Promote Hazard Awareness

Photo: International Chamber of Shipping (ICS)

As part of a major initiative to promote hazard awareness throughout the shipping industry, the International Chamber of Shipping (ICS) and The Standard Club have issued free safety posters to shipping companies worldwide. The release of the posters marks the final stage of a campaign by the two organisations to promote hazard awareness with a ‘Spot the Hazard’ competition for seafarers. The competition invited seafarers across the world to identify ten hazards within five typical scenes – bridge, deck, engine room, galley and port terminal.

Implementation of Emission Control Areas in China

Photo:  European Community Shipowners’ Associations (ECSA)

The Standard Club reported on the regulations issued by the Ministry of Transport of China which designated three emission control areas (ECAs) in its territorial waters. As mentioned therein, the implementation of low sulphur fuel is divided into stages in order to gradually tighten the regulations by putting a 0.5% sulphur content cap on bunkers used within the zones. In three following web alerts respectively dated 12 April 2016, 25 August 2016 and 7 September 2016 the club has provided updates on the development of the ECA measures.

New Bunkering Procedures in Singapore

A pic from LNG Bunkering Roundtable. Photo: MPA

The Standard Club has quoted a  a circular earlier this year by the Maritime and Port Authority of Singapore (MPA) for the mandatory use of the mass flow metering (MFM) system for marine fuel oil (MFO) deliveries in Singapore with effect from 1 January 2017. The circular covers the set of core requirements for metering system qualification, installation, testing, procedures and documentation for MFO deliveries via the MFM system in the port of Singapore. From 1 June 2016, all bunker suppliers…

Nautical Institute Rolls Out Ice Navigator Scheme

Logo Image: The Standard Club, Nautical Institute

The Standard Club has advised its members that at the start of July the Nautical Institute launched its Ice Navigator Scheme. This scheme is designed to help meet the demand for properly trained officers with the skills and knowledge to handle a ship in ice. The scheme is designed to run in conjunction with the Polar Code and builds on STCW requirements. It focuses on the practical elements necessary to handle a ship and manage operations in ice covered waters worldwide; it is not limited to the Polar Regions. Participants in the scheme can be awarded Ice Navigator Level 1 or 2.

Lloyd’s Register and the Standard P&I Club Publish Booklet

Lloyd’s Register and The Standard P&I Club have jointly produced a booklet on hatch cover safety. This publication, ‘A Master’s Guide to Hatch Cover Maintenance’, is primarily designed to assist members of the crew with the safe operation and maintenance of large hatch covers. It is currently being distributed to owners and operators of all Lloyd’s Register classed ships that have large hatch covers, for placing on board. The guide further demonstrates Lloyd’s Register’s commitment to shipboard safety and hull integrity, and follows hot on the heels of the recently announced IACS bulk carrier safety measures. · safety when working with hatch covers.

Indonesia Tops in Piracy and Armed Robbery

The main ship-types affected. Graphics by The Standard Club

The IMB cautions against complacency in its latest report on piracy and armed robbery which covers the period from 1 January 2015 to 30 September 2015, says The Standard Club. 190 incidents have been reported to the IMB in 2015, with the majority focused upon low-level incidents in Southeast Asia. 154 ships were boarded, 21 attempted attacks took place and 15 vessels were hijacked. The majority of reported incidents in 2015 have taken place in Indonesia. Attacks in Southeast Asia tend to be low-level in nature and take place at night.

P&I Clubs Strong But Pricing Under Pressure

Image: GAC

Balance sheets of clubs operating in the marine protection and indemnity (P&I) sector are generally strong, bolstered by several years of positive earnings but underwriting discipline will be tested over the February 2018 renewal period, according to a new report by A.M. Best. The Best’s Special Report, “Balance Sheets of P&I Clubs Strong But Pricing Under Pressure Amid Strong Competition” states that ahead of the Feb. 20, 2018 renewal deadline, pressure from members and brokers to reduce rates is growing. Competition is intense, exacerbated by a growing fixed-premium market.

State of the P&I Market: As Stocks Drop, Rates Will Rise

The 13 P&I Clubs within the International Group continue to dominate the world market for shipowners' liability insurance despite increasing competition in recent years from fixed premium facilities. The development of the fixed premium market and, in particular, the rapid growth of the P&I account of the marine and energy syndicate 329 at Lloyd's led by Jonathan Jones, served to increase pressure on premium rating in recent years. However, syndicate 329 is now in run-off, its capital providers having withdrawn support, and its P&I account, which was transferred to British Marine, an old-established P&I and hull club for small ships and offshore craft…

State of the P&I Market: As Stocks Drop, Rates Will Rise

The 13 P&I Clubs within the International Group continue to dominate the world market for shipowners' liability insurance despite increasing competition in recent years from fixed premium facilities. The development of the fixed premium market and, in particular, the rapid growth of the P&I account of the marine and energy syndicate 329 at Lloyd's led by Jonathan Jones, served to increase pressure on premium rating in recent years. However, syndicate 329 is now in run-off, its capital providers having withdrawn support, and its P&I account, which was transferred to British Marine, an old-established P&I and hull club for small ships and offshore craft…

Increased Limits of Liability for Shipowners in UK

Image: The Standard Club

The Standard Club had reported that in 2012 the  International Maritime Organization (IMO)  decided to increase the limits of liability under the 1996 Protocol by 51% and that these increases are due to come into force on 8 June 2015. This was because in recent years the existing limits have been considered inadequate to cover the rising cost of claims especially in relation to pollution and clean-up costs (e.g. the Pacific Adventurer bunker spill incident off the coast of Australia in 2009).

Implementation of the Polar Code

Photo: IMO

The Standard Club introduced the International Code for Ships Operating in Polar Waters (‘Polar Code’) as well as Safety of Life at Sea (SOLAS) amendments which were adopted in November 2014, in addition to environmental provisions and MARPOL amendments which were adopted in May 2015. The Code will enter into force on 1 January 2017. The code is mandatory and comprises of detailed requirements relating to ship design, operations, prevention of environmental pollution, crew training and safety.

Seafarers Far More Often Sick Than Injured

Logo courtesy of Future Care

Yale University School of Medicine presents preliminary results of the Future Care, Inc. / Yale University Seafarer’s Health Study. In a presentation conducted in the Union League Club in New York City, Yale University Occupational and Environmental Medicine Program in collaboration with Future Care, Inc., reported the initial results of the pilot study on the health of seafarers internationally, initiated in March 2012. Using Future Care’s unique experience as internationally…

Implementation of ECA Measures at Shenzhen Port

Photo: Shenzhen Yantian Port

The local authorities at Shenzhen port within the Pearl River Delta have now formally announced that vessels will be required to use fuel oil with a sulphur content not exceeding 0.5% m/m, or equivalent emission reduction measures from 1 October 2016. Standard Club says it is as part of implementation of Emission control area (ECA) measures. This requirement extends to the ports of Yantian, Shekou, Chiwan, Mawan and Dachan Bay. Where equivalent measures are to be used, except when using shore power or Liquefied Natural Gas (LNG)…

IMB Reports 87 Piracy Incidents in H1 2017

Graphics: The Standard Club

The IMB has published its report on piracy and armed robbery for the second quarter of 2017, covering the period from 1 January to 30 June 2017. The report highlights continuing decline in the number of incidents of maritime piracy, said a press release from The Standard Club. 87 incidents have been reported in the first six months of 2017, with 63 ships boarded, eight attempted attacks, four ships hijacked and 12 ships fired upon. This represents a decrease from 2016 when there were 97 reported incidents in the same period.

Annual Towing Forum Returns to SUNY Maritime

The Bouchard Tug and Barge Simulator at SUNY Maritime College offers state-of-the-art brown water training to SUNY cadets and industry professionals alike. (CREDIT: SUNY)

For nearly 20 years, leaders of the tug and barge industry in the region have converged on SUNY Maritime College in the spring to discuss current issues and initiatives facing the industry. This year will be no different; the 18th annual Towing Industry Forum will include presentations about safety management systems, wind farms and their impact on marine traffic, and a federal study regarding route planning and access to East Coast ports, among other topics. The forum, organized by the college’s Department of Professional Education and Training, will be from 8 a.m. to 1:30 p.m.

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…

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.

Maritime Reporter Magazine Cover Feb 2018 - Cruise Ship Annual

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