MLC MLC
Yachtowners Yachtowners
Liability insurance for yacht owners, operators and managers
Our correspondents are located around the world Our correspondents are located around the world
Our correspondents are available to offer assistance and guidance to our Members wherever their trading operations take them.

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The Shipowners’ Club has in-depth knowledge of the risks and liabilities you face when operating your fleet, borne from over 160 years of experience in providing Protection and Indemnity (P&I) cover, Legal Costs Cover and associated insurances.

As market leader, we insure over 33,000 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 an A rating from 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.


Latest news and insight

  • Infographic: Distinguishing Claims Service

    The Club recently released a series of articles which focused on the value-added service that the Club’s claims department offers to our Membership and demonstrated several areas of specialism which distinguish the Club from its competitors. To conclude the series, the Club has produced an accompanying infographic that summarises the content of these articles.

  • Vessel detentions in Indonesia

    It has been brought to the Club’s attention that there have been an increased number of vessel detentions in the Eastern portion of the Singapore Strait, mainly in the waters around Bintan Island. These waters are often misconstrued as being the Outer Port Limit (OPL) of Singapore. The Club wishes to stress that these waters are in fact within the territorial waters of Indonesia.

  • Club Rules 2019

    The Club Rules are here to help you navigate the terms and conditions of your cover so you can be sure of what your membership to the Club entails. This year there have been a number of updates to the Rules which we would like to draw your attention to. These are listed in the front of the Rule book.

  • LATAM Jurisdiction Guide

    This guide provides a broad overview of common issues arising from the laws and regulations which govern shipping operations in Latin America. We hope you will find it practical and interesting.

  • Jurisdictional speciality

    The Club’s global claims team is organised into regional departments which are dedicated to specific jurisdictions or vessel types. This ensures the claims team has specialist knowledge of jurisdictions which enables us to better advise Members of the strategy to adopt when facing claims in that particular jurisdiction, as well as helping to identify any claims trends of which our Members need to be aware.

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  • Marine Legal Costs Cover Policy 2019

    The Club is pleased to inform Members of changes to the Marine Legal Costs Cover Policy for 2019. The changes will take effect for all policies incepting as from 20 February 2019.

  • Embracing the future of maritime autonomy

    Since it was founded in 1855, the Club has witnessed the seemingly infinite evolution of the shipping industry from sail to steam and beyond. Today, we are observing possibly one of the most dramatic shifts in recent times, as vessels transition towards autonomy.

  • James M. Turner & Marius Vitas: Constructive Total Loss and SCOPIC

    Our Members will be aware of the significant Court of Appeal judgment in “The Renos” last year. The claim dealt with the question of whether SCOPIC costs could count towards a CTL calculation in a Hull and Machinery claim. Because of the way in which SCOPIC operates, it is more likely to apply in the salvage of smaller vessels, so the ruling was of particular interest to our type of membership.

  • Why claims data has always been king

    The choice of insurers for P&I risks has significantly changed in recent years. 25 years ago, aside from limited liability cover that was available on the back of the H&M policy, there were very few choices outside the International Group of P&I Clubs (IG) system. Alternative facilities were established but the volatility associated with liability claims made it difficult to deliver consistent results. That same challenge remains true today and can only be overcome by a significant spread of risk.

  • OFAC Delists En+, Rusal, and EuroSibEnergo

    On January 27th 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) lifted sanctions imposed on En+ Group plc (“En+”), UC Rusal plc (“Rusal”), and JSC EuroSibEnergo (“ESE”).

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