Introducing the CTRL benefit clause Introducing the CTRL benefit clause
Introducing the CTRL benefit clause
MLC MLC
A guide to offshore jurisdiction A guide to offshore jurisdiction
A guide to offshore jurisdiction
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 Assistance and Defence 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 A-rated financial security from A. M. Best and 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

  • If I plan to undertake a charterparty with an unfamiliar entity, what steps can I take to ensure the charterer will pay their hire?

    Due to the difficult conditions currently existing in the shipping market, particularly in the offshore sector, Members are increasingly contacting the Club regarding claims against Charterers for unpaid hire. Unfortunately, in some cases there is little prospect of successfully enforcing any judgment or award against Charterers, as they have few or no assets against which to enforce.

  • Executive Order on immigration suspended: future status uncertain

    As reported in our Client Alert of January 30th, on January 27, 2017 President Trump issued an Executive Order {“E.O.”) entitled “Protecting the Nation From Foreign Terrorist Entry Into the United States.” This E.O. banned for 90 days any immigrant or non-immigrant entry into the U.S. of foreign citizens from Syria, Yemen, Sudan, Somalia, Iran and Libya, which would impact vessels with crewmembers from those countries. The E.O. also suspended the U.S. refugee program. As a result of legal challenges to the E.O., it has now been temporarily suspended and is not currently being enforced.

  • Introducing the CTRL benefit clause

    In the recent article Cost reductions across Members’ operational landscape, the Club introduced its Members to the ‘CTRL benefit’ clause. Members of the Shipowners’ Club are able to take advantage of two hours’ free legal work each year for qualifying matters.

  • Jamie Robinson: Performance guarantees

    Legal Costs Cover (LCC) is often used by Members to support the recovery of unpaid hire or other sums from defaulting charterers. Sometimes there is a genuine dispute about whether the sums are due. Often, however, the real issue is getting the charterers to pay when they do not have visible assets or they are based in a difficult jurisdiction.

  • Implementing risk assessments

    The Club is beginning a year-long project to assist Members in incorporating a risk assessment ethos into their on board operating procedures.

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