P and I Clubs

Britannia announces a further USD10m Capital Distribution and no General Increase for 2019/20

Andrew Cutler, CEO Tindall Riley (Britannia) Limited

At its Members’ Representative Committee and Board Meetings on 16 October in Hamburg, Britannia P&I Club announced that for 2019/20 there would be no General Increase to its advance call for P&I Members. In addition, Britannia continues to set its release calls for open policy years at nil.

A further USD10m capital distribution was also announced to P&I mutual Members based on premium for ships on risk at midnight BST 16 October 2018.

Likewise,...

http://www.allaboutshipping.co.uk/2018/10/18/britannia-announces-a-further-usd10m-capital-distribution-and-no-general-increase-for-201920/

Clearwater works with Norway’s maritime war risk insurance club (DNK) to develop ground-breaking digital solutions for maritime insurance market

Clearwater Tracking and DNK have partnered to provide the first end-to-end truly digital platform for maritime insurance, operations and management, deploying advanced satellite technology from ORBCOMM for cost-effective, near real-time data on vessel position, breach reporting and other on-board information

Poole, 11 October 2018 – UK-based technology company, Clearwater Tracking, has teamed with DNK (Den Norske Krigsforsikring for Skib), the Norwegian maritime war risk insurance club, to...

http://www.allaboutshipping.co.uk/2018/10/11/clearwater-works-with-norways-maritime-war-risk-insurance-club-dnk-to-develop-ground-breaking-digital-solutions-for-maritime-insurance-market/

American Club Circular No. 39/18 – Continuing Warranty of Seaworthiness OF SEAWORTHINESS

Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club

OCTOBER 11, 2018

CIRCULAR NO. 39/18

TO MEMBERS OF THE ASSOCIATION

Dear Member:

CONTINUING WARRANTY OF SEAWORTHINESS

It has come to your Managers’ attention that, from time to time, Members are offered contractual terms with counterparties requiring the shipowner to provide a continuing warranty of seaworthiness for the entire duration of the voyage. Should such circumstances arise, Members are urged to...

http://www.allaboutshipping.co.uk/2018/10/11/american-club-circular-no-3918-continuing-warranty-of-seaworthiness-of-seaworthiness/

Fiona Pounds: When does a fixture become binding?

Fiona Pounds, Claims handler

Fiona Pounds: When does a fixture become binding?

Parties in more procedurally conservative jurisdictions can be surprised at the ease with which a binding contract can be created under English law. In the context of charterparty (c/p) negotiations, it is generally the case that an agreement will be deemed binding prior to a formal charter being drawn up and signed. Sometimes a charter document is never created, and the parties rely entirely on their email exchanges...

http://www.allaboutshipping.co.uk/2018/10/09/fiona-pounds-when-does-a-fixture-become-binding/

North P&I Club celebrates new, larger office opening in Piraeus

Paul Jennings and Ioanna Procoplou cutting the ribbon at office opening

October 10, 2018 – North P&I Club celebrated the opening of its new office in Piraeus, Greece, yesterday with an open-house reception for around 350 representatives from the Greek shipping community.

The reception, which took place at North’s new office on Filonos Street, was attended by North’s Greek shipowner members, brokers and lawyers. The event was hosted by North’s Chief Executive, Paul Jennings, and the 15-strong...

http://www.allaboutshipping.co.uk/2018/10/10/north-pi-club-celebrates-new-larger-office-opening-in-piraeus/

The Ameican Club and Seamen’s Church Institute jointly publish Mental Wellbeing guide for Seafarers

Joseph E.M. Hughes, Chairman and CEO, Shipowners Claims Bureau, Managers for The American Club

Publication released on World Mental Health Day to promote the recognition of mental wellbeing as a key component of the health of seafarers, who live and work in conditions which sometimes generate not only physical but also psychological challenges.

New York, October 9, 2018:        

In a joint initiative, theAmerican Club and Seamen’s Church Institute (SCI) have cooperated to produce a new guide, Cari...

http://www.allaboutshipping.co.uk/2018/10/09/the-ameican-club-and-seamens-church-institute-jointly-publish-mental-wellbeing-guide-for-seafarers/

North P&I Club strengthens global underwriting team

North P&I Club joint managing director Paul Jennings

October 8, 2018 – North P&I Club has further strengthened its underwriting team to meet the evolving needs of its global membership, with the appointment of a new UK based underwriter combined with some operational changes to a number of senior underwriting roles.

Tom McLoughlin joined the team as an Underwriter last week, bringing with him a range of marine experience from his former roles with insurance brokers Marsh in London, and a...

http://www.allaboutshipping.co.uk/2018/10/08/north-pi-club-strengthens-global-underwriting-team/

TT Talk – Theft & Fraud

2 OCTOBER 2018 TT Talk – Theft & Fraud

This edition focuses on fraud and related risks. The fraudster have long existed in the supply chain industry; whether to move illegitimate cargo, facilitate the theft of cargo or for direct gain, the global nature of the industry provides many opportunities. More recently the perpetrators have become extremely proficient at exploiting the internet-enabled commercial platforms upon which many businesses now rely.

I hope you find these articles useful.

Peregrin...

http://www.allaboutshipping.co.uk/2018/10/02/tt-talk-theft-fraud/

Britannia Announces Team for Greek Office Opening

Britannia Announces Team for Greek Office Opening

Britannia has finalised its Greek office opening plans by announcing the team that has recently taken up residence in Piraeus, Greece.

The office will be tasked with enhancing service delivery to its Greek members and is part of an ongoing expansion of the Club’s regional hub network that will also shortly see the opening of an office in Singapore in addition to the upgrading of its presence in Japan and Hong Kong, as well as the recent opening of...

http://www.allaboutshipping.co.uk/2018/10/01/britannia-announces-team-for-greek-office-opening/

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