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

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  • Passenger Vessel Liability Insurance Policy 2020 – changes with explanations

    The Club is pleased to inform Members of changes to the Passenger Vessel Liability Insurance Policy for 2020. The changes will take effect for all policies incepting as from 20 February 2020.

  • Giselle Villanueva: A back to basics guide to arbitration and mediation

    English law allows for several different forums to resolve disputes, as an alternative to litigation in court. Given the costs and resource requirements of court proceedings in England and Wales, these Alternative Dispute Resolution (“ADR”) methods are now actively encouraged by the courts.

  • The Shipowners’ Club opens new service office in Greece

    Over a number of years, the Club has been encouraged by the steady growth of its Greek business. The decision, therefore, to open a dedicated service office exemplifies the Club’s commitment to its Membership in the region.

  • Pollution fines in Turkey

    This update is in response to the recent changes in Turkish environmental law and the significantly higher pollution fines that are now being imposed by the authorities. The intention of this update is to enhance Members’ awareness and provide some practical tips for reducing potential exposure to such fines.

  • OFAC Advisory to the Maritime Petroleum Shipping Community

    On 4 September, the U.S. authorities took steps in the form of an Advisory to the Maritime Petroleum Shipping Community. This further demonstrates their intent to enforce the Iranian sanctions program aggressively including against non-U.S. persons.

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