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.
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 13 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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A comparative reivew of BIMCO’s WINDTIME and SUPPLYTIME
In 2013, BIMCO issued their standard time Charterparty form, WINDTIME, which is designed for the purpose of transferring wind farm personnel and equipment to and from offshore wind farm installations. Although the WINDTIME form was modelled on SUPPLYTIME 2005, many of the adjustments that were made for WINDTIME were later incorporated into SUPPLYTIME 2017. In some ways, therefore, WINDTIME is more closely aligned with SUPPLYTIME 2017.
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Announcing the International Group of P&I Clubs Fellowship in International Maritime Law 2021-2022
The International Group of P&I Clubs is delighted to announce the establishment of a fellowship for the academic year 2021-2022 for a student pursuing Master of Laws (LL.M.) studies in International Maritime Law at the IMO International Maritime Law Institute (IMLI) based in Malta.
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IG Circular : Paperless Trading Electronic Trading Systems Update to E-TITLE – Change of Ownership and Approval of Corda eBL as Replacement of E-TITLE
Members are referred to the Club’s previous Circular from 11 June 2011 which can be viewed here for easy reference.
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International Group scholarship programme
The International Group of P&I Clubs and P&I Qualification Committee are pleased to announce the launch of an annual scholarship programme for those who are interested in embarking on a career in P&I and would like to take part in the highly successful P&I Qualification programme.
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Belarus Sanctions
Last month further sanctions were introduced against Belarus after previous action taken by the EU, US and the UK in response to the detention of journalist Roman Protasevich and his partner Sofia Sapega, following the unlawful diversion of Ryanair flight FR4978 in May 2021.
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Half Year Report 2021
The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported financial results for the six months ended 30 June 2021. The Club has reported a combined ratio of 100.9% which was slightly higher than budgeted but the financial markets performed remarkably well during the first six months of 2021.
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The Shipowners’ Club reports positive half year results and stability for its Members
The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported financial results for the six months ended 30 June 2021.
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London International Shipping Week 2021
The Club is delighted to be taking part in London International Shipping Week 2021, 13-17 September.
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Stella Kounakou: MV Smart update – Shipowners unfettered right to collect freight under the bill of lading
In the recent judgment of Alpha Marine Corp v. Minmetals Logistics Zhejiang Co.Ltd (The M/V Smart) [2021] EWHC 1157, the Court recognised the right of the vessel’s owner/contractual carrier under the bill of lading to ask for freight to be paid to them under the bill of lading, even where the vessel has been time chartered. This judgment should be seen positively by Members, as it confirms for the first time that shipowners can collect freight due under bills of lading, even when there is no default on their time charterers’ part, subject only to an obligation to account for any surplus.
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Importance of Proper Passage Planning (Thai)
แม้จะมีการปรึกษาหารืออย่างต่อเนื่องในอุตสาหกรรมการเดินเรือเกี่ยวกับความสำคัญของการวางแผนการเดินเรืออย่างครอบคลุมในช่วงหลายปีที่ผ่านมา ทางคลับยังคงพบอุบัติเหตุนับไม่ถ้วนและอย่างต่อเนื่องในวงการเดินเรือ ซึ่งส่วนใหญ่เกี่ยวข้องหรือเป็นผลมาจากการวางแผนการเดินเรือที่ไม่เหมาะสมหรือไม่มีการวางแผนการเดินเรือใดๆก่อนออกเดินทางเลย
