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 34,000 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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Half Year Report 2022
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 2022.
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The Shipowners’ Club reports modest underwriting surplus at the half year point
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 2022. The Club has reported a combined ratio of 96.2% which was in line with budget.
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IG Circular – Update September 2022 – EU sanctions – clarification published on the carriage of certain Russian cargoes including coal and fertilisers
On 19 September 2022 the EU further amended its FAQS clarifying the application of provisions relating to the carriage of certain cargoes from Russia, including coal and other solid fossil fuels as well as certain types of fertilizer.
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The Shipowners’ Club appoints Theo Kailis to its Board of Directors
The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, is delighted to announce the appointment of Theo Kailis to its Board of Directors. The co-option was agreed at the Club’s Board meeting on the 1st September, with effect from the November 2022 meeting.
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Single Voyage Delivery Preparation
The Club is often approached by Members requesting technical advice in preparation for Single Delivery Voyages (SDV). Such SDVs mostly pertain to Members taking ownership/management of a vessel and then sailing it under its own power, usually crossing international waters and open seas, to its intended port/area of operation. The Club would like to emphasise that the checklist is for guidance purposes only and to complement, not replace, any statutory requirements or Members’ own due diligence and individual operating procedures.
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Alternative Low Emission Fuel for the Maritime Industry
With the assistance of an expert in the field, this Alternative Low Emission Fuel For The Maritime Industry reference document aims to assist with raising awareness and deepening understanding of factors which may influence the take up of low emission alternative fuels and what practical impacts may be experienced or require consideration by ship owners, operators, managers and crew. aims to assist with raising awareness and deepening understanding within the maritime community.
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ISWAN for Seafarers – the free mobile app
The Shipowners Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has partnered with the International Seafarers’ Welfare and Assistance Network (ISWAN) to develop a free mobile app – ISWAN for Seafarers.
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IG Circular – EU sanctions – clarification published on the carriage of certain Russian cargoes including coal and fertilisers
On 10 August 2022 the European Union (EU) published updated FAQs clarifying the application of provisions relating to the carriage of certain cargoes from Russia, including coal and other solid fossil fuels as well as certain types of fertilizer. As this Circular sets out, these clarifications will have a significant impact on the carriage of these commodities by EU entities and the provision of insurance for carriage to any entity regardless of their domicile.
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Stella Kounakou: The obligation to accept a reasonably satisfactory security offered following a collision
In the recent case of Pacific Pearl Co Limited v. Osios David Shipping Inc [2022] EWCA Civ 798, it was decided that when a party to ASG2 is offered security “in a form reasonably satisfactory”, it is obliged to accept it and cannot seek alternative or better security by arresting a ship.
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IG Circular: Roll Risk Estimator – MARIN
The International Group is a member of the Maritime Research Institute of the Netherlands (MARIN) Top Tier project. The project has been established to examine and assess the causes of container losses arising from at-sea incidents onboard various sizes of container ships.
