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 some 33,000 small and specialist vessels across the globe.
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.
We are one of the 12 P&I Clubs which make up the International Group, collectively insuring over 90% of the world’s ocean-going tonnage.
Latest news and insight
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AGM Minutes May 2023
MINUTES of the Annual General Meeting of the Members held at Le Royal hotel, 12 Boulevard Royal, L-2449, Luxembourg on Thursday 25 May 2023, at 09:00 hours.
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Closure of the 2020 policy year without additional call
At their meeting on the 25 May 2023 the Board considered the open policy years and in particular the 2020 policy year, which is now three years old.
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Shipowners’ Club welcomes Mark Harrington to management board
Today marks Simon Swallow’s final day as CEO of the Shipowners’ Club, with Simon Peacock taking on the reins in that role. The Club will miss the unique commercial contribution that Simon has brought to this role since March 2015. The Club’s strong relationships with its Members and their brokers is one of the key aspects of what makes the Club successful and we are therefore delighted to announce that Mark Harrington has been promoted to the board of the Club’s management company (Shipowners’ Protection Limited – ‘SPL’) in the role of Commercial Director – London.
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IG Circular – Electronic (Paperless) Trading Systems – Update to Secro Terms and Conditions
This circular confirms approval by the International Group of an updated version of the Secro Customer and User Agreement dated 16 March 2023 as well as use of Secro Customer e-bills of lading in conjunction with the said User Agreement.
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Solvency & Financial Condition Report (SFCR) 2022
This report has been produced on a single Group basis, a fact which reflects that on a day-to-day basis the Club manages itself as a Group. Where it differs from that of the Group, this report also includes information about the Club on a standalone legal entity basis (‘Solo’) and about Spandilux S.A. (‘Spandilux’), a Luxembourg-domiciled reinsurance subsidiary of the Club.
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Harnessing technology in pollution response education and training
For the next article in our Technology in Shipping series, the Club has invited Miguel Patel, Senior Technical Adviser, International Tanker Owners Pollution Federation (ITOPF), a non-profit organisation that provides technical advice and expertise to assist in the effective response and clean-up of oil spills worldwide, to share more about their Virtual Reality (VR) based training programme.
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IG Circular: Russian Oil Price Cap update – Reporting requirements and evasion alert
The International Group of P&I Clubs has provided an update on the Russian oil price cap regarding reporting requirements and evasion alert.
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Contracting themes in offshore wind charters
As part of the service provided to Members, the Club receives many contracts for review. With a global push to develop renewable energy sources, we have seen a rise in the number of contracts for provision of services within offshore windfarms – whether that be during construction or as part of the ongoing maintenance and servicing of the fields. This article identifies and summarises several common industry-specific clauses and provides commentary on why they may be so prevalent.
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Notice of Annual General Meeting – 25 May 2023
NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Members of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) will be held at Le Royal Hotel, 12 Boulevard Royal, L-2449 Luxembourg, on Thursday 25 May 2023, at 09.00 hours for the following purposes:
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The Shipowners’ Club reports high Member retention and a strong underwriting year
