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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
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Joint industry publication sets out guidelines for the carriage of charcoal in containers
New guidelines for the carriage of charcoal and carbon in containers have been published jointly by CINS (the Cargo Incident Notification System) and the International Group of P&I Clubs.
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Update on piracy attacks
Further to our advisory bulletin on Renewed piracy attacks off Somalia, the Club would like to remind Members of the risk of exposure to attacks while transiting high piracy areas.
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Guidance on the safe navigation of the Hidrovía
Collision incidents in narrow channels or bends of the Hidrovía, South America, have been recorded recently by the Club. During investigations, it has been identified that a common contributing factor to such incidents is the position of the vessel whilst performing passing manoeuvres.
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Risk assessments for mooring operations
Following on from our articles on Implementing risk assessments and Risk assessments for passenger vessel operations the Club has produced the next article in the series which focuses on risk assessments from mooring and unmooring operations.
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Sleepiness and fatigue are ever-present risks to all on board
Sleepiness and long term fatigue are now recognised as major factors impacting accidents at sea and seafarer health.
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Reminder of precautions while loading oil on board
The Club has continued to record a significant number of oil pollution claims that have occurred during cargo and bunkering operations.
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Moving beyond the mutual approach and ETC
As a mutual P&I Club specialising in providing a liability insurance solution to smaller and specialist vessels, we are aware that many owners wish to access the value-added benefits associated with being a member of a P&I Club but, due to their particular operations, prefer the premium approach adopted by the commercial market, which charges fixed premiums with no exposure to supplementary or overspill calls.
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The Shipowners’ Club reports steady half year results despite challenging market conditions
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 2017. The Club recorded a 99.3% combined ratio, demonstrating the small margins to which it always works.
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Ballast Water Management convention – guidance and FAQS
Adopted in 2004 the Ballast Water Management, BWM Convention (the ‘convention’), is the International Convention for the control and management of ship’s ballast water and sediments. The aim of the convention is to remove, render harmless or avoid uptake or discharge of harmful aquatic organisms and pathogens within ballast water sediments by mechanical, physical, chemical and biological processes (either singularly or in combination).
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Loss Prevention release guidance for yacht owners
The Club has developed a new publication for the owners of yachts, developed in response to claims and addressing concerns raised by Members.
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