Welcome to the Shipowners' Club
The Shipowners’ Club has in-depth knowledge of the risks and liabilities you face when operating your fleet, borne from almost 160 years of experience in providing Protection and Indemnity (P&I) cover, Legal Assistance and Defence cover and associated insurances.
As market leader, we insure over 32,000 small and specialist vessels across the globe. Every year, 95% of our members choose to stay with us, and our top 25 members hold an average of 24 years’ continuous entry; testament to our ability to serve Members’ best interests and respond to changing needs.
We have a wide spread of members across a range of vessel types, operating sectors and geographical areas. This diversification delivers stability, allowing us to enjoy a strong balance sheet and A-rated financial security from A. M. Best and Standard & Poor’s.
Referred to as a P&I Club, Shipowners’ is one of thirteen Clubs which make up the International Group, insuring over 90% of the world’s tonnage.
The UK Insurance Act 2015 (the “new Act”) will come into force on 12 August 2016 (during the 2016/17 Policy Year).
The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported steady results for the six months ended 20 August 2015. Growth in the Club’s business in the first two quarters of the year has been supported by increased vessel activity.
The Indian Ocean High Risk Area will be revised from 1 December 2015.
On 28 July 2015, the Club issued several case studies regarding incidents that call into question the competency of the vessel’s crew.
Further to the Bulletin issued on 21 March 2011, the Club continues to receive requests for advice on the Club’s position for the requirement for steel pre-shipment surveys to be undertaken.
Many Members may not be aware that membership of the Club means automatic membership of the International Tanker Owners Pollution Federation (ITOPF). We spoke to Karen Purnell, Managing Director at ITOPF, to discuss not only the benefits of membership but also how their remit has widened in recent years.
Svensk Assurans AB to offer new P&I product to small Scandinavian vessels through a delegated underwriting agreement with the Shipowners’ Club.
The Club has recently witnessed an increase in pirate activity in certain areas of the world. New cases of cargo theft and crew kidnapping have been reported in the Malacca Straits, West Africa and in the Persian Gulf.
The International Maritime Organisation (IMO) and the Office of the United Nations High Commissioner for Refugees (UNHCR) have produced a guide to assist masters and ship owners on relevant legal provisions and on practical procedures to ensure the prompt disembarkation of survivors of rescue operations.
We would like to draw our Members’ attention to the amended SOLAS Regulation III/19 which came into force 1st January 2015.
- Vessel search
- Bunker/NWRC Blue cards & EU Directive Certificates
- Trading Certificates
- CTRL Marine solutions Ltd
Sign up to the Shipowners’ Club news alerts
Enter your contact details to receive our news and insights.