Introducing the CTRL benefit clause Introducing the CTRL benefit clause
Introducing the CTRL benefit clause
A guide to offshore jurisdiction A guide to offshore jurisdiction
A guide to offshore jurisdiction
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 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 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

  • What is P&I?

    Protection and Indemnity insurance, or as it is more commonly known – ‘P&I’, is the policy ship owners purchase to protect them against liability claims from crew, passengers and third parties.

  • President Trump partially reverses Obama’s Cuba policy

    On 16 June 2017, US President Donald Trump signed into law a partial reversal of Barack Obama’s Cuba policy. During his speech to a sympathetic crowd in Miami last week, Trump declared that he was: “cancelling completely the last Administration’s completely one-sided deal with Cuba”.

  • Crew Health: Multilingual questions for medical assessments

    Since June 2016, the Club’s Seafarers’ Health Information Programme has reported on various health issues  that affect those serving on board vessels with the aim of assisting Members in mitigating against related incidents.

  • IGP&I Annual Review 2016/17

    An increase in Group-entered tonnage, a reduction in the number and severity of reported pool claims, and a fourth year of significant savings in the cost of the Group reinsurance purchase were among the notable and welcome features of 2016 for the Group clubs and their shipowner memberships.

  • Charmaine Fu: The Ocean Victory – A case of an ‘abnormal occurrence’

    The Ocean Victory had been chartered by her Owners to the demise charterers on the Barecon 89 form as amended.

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  • Scam email warning

    We have today been made aware of a scam email which is targeting vessel owners and charterers. The email purports to be from a law firm and claims that a lawsuit has been filed by a client as a result of overdue payment, and that legal steps will be taken to arrest the vessel.

  • Developing news: Fellow Gulf States cut off ties with Qatar

    News has broken today that Six Arab countries have cut ties with Qatar. This coordinated move to withdraw diplomatic relations comes from Bahrain, Saudi Arabia, the United Arab Emirates (UAE), Egypt, Yemen and Libya. The six countries cite Qatar’s ties to terrorism, pointing to its alleged backing of so called Islamic State (IS), and the need to maintain their own national security. Qatar has called the decision ‘unjustified’ and with ‘no basis in fact’.

  • The Iran deal: Challenges ahead

    On 16th January 2016, Implementation Day, the International Atomic Energy Agency confirmed that Iran had complied with its nuclear obligations in line with ‘the Joint Comprehensive Plan of Action’ (‘JCPOA’). As a result, certain EU and US nuclear related sanctions on Iran were lifted. Implementation Day heralded, for many, the prospect of great business opportunity in a country locked down to the outside world for a number of years.

  • Club selects Standard & Poor’s to provide future credit ratings

    Following a request by The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) (“Shipowners” or “the Club”), as from 19 May 2017 AM Best will  no longer provide a rating of the Club.

  • The mutual approach

    The Shipowners’ Club has been in existence for over 160 years and was established by ship owners, for ship owners.  We have always operated on a mutual basis – that is, the Club exists for the benefit of its Members.

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