News
Highlight
What is the Condition Survey Programme?
Reducing Members’ exposure to claims is central to the function of the Club’s Loss Prevention department. The department can fulfil this mandate by proactively addressing areas of concern identified by the Club or within the industry.
Highlight
Back to basics guide: CGL insurance & Offshore
Where a Member does not already have a CGL cover in place, it is not necessary for them to buy one to engage in offshore contracts. The key is establishing their liabilities under the specific contract(s) and obtaining cover which in substance, rather than title, is suitable for such risks. To assist Members grappling with these issues, this article provides a concise overview of the concept of a CGL cover, and how such policies can be compared with the covers provided by P&I Clubs.
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News
Introducing Medical Enhancement Scheme for Seafarers (MEDISEA)
Commencing positive and committed steps towards improving seafarer wellbeing on board, the Club has created its own bespoke “Medical Enhancement Scheme for Seafarers” (Medisea).
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Loss Prevention, News
Fire mitigation and safety practices
Fire poses a threat to all vessel types, regardless of their size or operation and has the potential to result in severe injuries or the unfortunate loss of life and significant damage to or loss of a vessel.
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News
IG Circular: Electronic (paperless) trading update – IQAX eBL…
This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of the IQAX eBL system.
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News,
Our broker survey results: we are the go-to Club for smaller and…
The broker survey results are in and they’re overwhelmingly positive. We are thrilled to report the resounding message that the Shipowners’ Club remains “a clear first choice” for smaller and specialist vessel P&I insurance.
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News
IG Circular: Paperless trading electronic trading systems update to…
The Club had previously notified Members of the change in ownership of E-TITLE electronic trading system and its underlying legal framework to R3. The agreement between R3 and E-TITLE has dissolved, and ownership of the legal framework has reverted back to E-Title Authority Pte Ltd. In accordance with this change, the trading name will also revert back from Corda eBL to e-Title™.
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News
FAQs on IG Circular: General Trade Licence dated 17 March 2022 –…
This article sets out some of the Frequently Asked Questions the Club has received regarding the IG Circular on The General Trade Licence dated 17 March 2022.
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News, Press releases
Philip Orme to step down as Club Chairman
At their Board meeting on the 19 May 2022, the Club’s Chairman, Philip Orme, announced his decision to step down as Chairman.
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Annual General Meetings, News
AGM Minutes May 2022
MINUTES of the Annual General Meeting of the Members held at the Grosvenor House Hotel, Al Emreef Street, PO Box 118500, Dubai – United Arab Emirates on Thursday 19 May 2022, at 09:00 hours.
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News
IG Circular: General Trade Licence dated 17 March 2022 – Reporting…
On 17 March 2022 the UK Government published a General Trade Licence in part to clarify earlier amendments to the UK Russia (Sanctions) (EU Exit) Regulations (the “Regulation”). Specifically, the licence addresses the issue as to whether it is lawful under the Regulation for insurers and reinsurers domiciled or operating from the United Kingdom to provide insurance for vessels calling at Russian ports or transiting Russian territorial waters.
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News
Closure of the 2019 policy year without additional call
At their meeting on the 19 May 2022 the Board considered the open policy years and in particular the 2019 policy year, which is now three years old.
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Circulars
Solvency & Financial Condition Report (SFCR) 2021
This report has been produced in respect of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) (‘the Club’) to satisfy its public reporting requirements under the Solvency II insurance regulation regime.
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Loss Prevention, News
Reduction of Greenhouse Gas Emissions from Ships
In 2018, the International Maritime Organization (IMO) adopted an initial strategy on the reduction of Greenhouse Gas (GHG) emissions from ships, setting out their Vision, which confirms the IMO’s commitment to reducing and eventually phasing out GHG emissions from international shipping. The IMO’s Vision also intends to support United Nation’s Sustainable Development Goals 13 (Climate Action) and 14 (Life Below Water).
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Fishing, News
‘Safe By Design’ – Safety posters for fishing vessels
At Shipowners’ Club, we are committed to driving welfare and safety within our communities. The Club has long been associated with the insurance of fishing vessels. Therefore, to assist our Members and their crew, the Club has partnered with FISH Safety Foundation to provide materials that can be used to raise awareness of safety concerns.
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Circulars
Polizza Assicurativa di Responsabilità Civile Pescherecci 2022
The Club is pleased to release the Fishing Liability Insurance Policy for 2022 in Italian.
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Circulars
Annual Report 2021
The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has reported encouraging results for the year ending 31 December 2021.
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News, Press releases
The Shipowners’ Club reports steady growth despite a challenging 2021
Despite another challenging year, the Club’s Chairman, Philip Orme, sought to reassure Members and their brokers that the Club once again delivered on its commitment to both Member support and financial stability.
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Annual General Meetings, News
Notice of Annual General Meeting – 19 May 2022
NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Members of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) will be held at the Grosvenor House Hotel, Al Emreef Street, PO Box 118500, Dubai – United Arab Emirates, on Thursday 19 May 2022, at 09.00 hours.
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News
EU Commission announces the fifth package of sanctions against Russia
On 8 April 2022 the EU adopted a fifth package of sanctions on Russia, comprising of several Regulations and Decisions:
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News
Russia adopts retaliatory measures in response to sanctions imposed by…
Russia has announced retaliatory sanctions measures in response to the widespread sanctions issued by various governments, which Russia has so-called “unfriendly countries,” including the UK, EU member states and the USA.
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News
EU Commission announces the fifth package of sanctions against Russia
The President of the EU Commission has today announced its fifth package of EU sanctions against Russia which is intended to sustain utmost pressure on Putin and the Russian government.
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News
Latest US Russia sanctions
On March 31, 2022 the US Treasury Secretary issued a Determination which extends the application of Section l(a)(i) of Executive Order (E.O.) 14024 to the aerospace, electronics and marine sectors of the Russian economy.
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News
UK introduces further Russia sanctions measures
On 30 March 2022, the UK government announced legislation which prohibits maintenance and technical services on aircraft or ships belonging to sanctioned Russian oligarchs or their businesses.
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News
Black Sea : mine risks
Amid the ongoing conflict in Ukraine, it has been reported there is a heightened risk of drifting naval mines detected in the vicinity of the Black Sea and neighbouring countries.
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News
Turkey: Revised pollution fines 2022
Further to the Club’s previous circular in February 2021, Turkey: Revised Pollution Fines, Members are advised the fines for causing pollution have risen substantially by 36.2%. This is in accordance with the declaration by the Ministry of Environment and Urbanisation in Turkey, which was published in the Official Gazette dated 30 December 2021, numbered 31705.
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News
EU announces the next round of its Russia sanctions package
On March 15, 2022 the EU announced its next package of sanctions against Russia, which includes designation of 15 individuals (including Russian oligarchs and people working for the “pro Russian” media), and 9 entities operating in the aviation, military and dual use, shipbuilding and machine building sectors. The list of designations can be found
News
Russian Banks Banned from SWIFT
The EU in consultation with the UK, US and Canada have requested SWIFT, the financial messaging system, to disconnect certain Russian banks from using its system, in response to Russia’s unprovoked military aggression against Ukraine.
News
EU Regulation 2022/328
The European Union announced a significant expansion of sanctions against Russia in light the deteriorating situation in Ukraine on 25 February 2022. Regulation 2022/328 sets out a wide package of measures.
News
Ukraine – Repatriation of Ukrainian Seafarers
The Club recognise that many of its Members currently have a number of Ukrainian personnel working on board vessels who are either awaiting repatriation on conclusion of their employment and/or are wishing to terminate their contract early in order to return to Ukraine for various reasons.
News
Contractual Implications of the Ukrainian/Russian Conflict –…
The situation in Ukraine is developing rapidly and remains fluid. The Club has provided some general guidance which addresses some of the most pressing questions at this challenging time.
Bulletins, Bulletins,
Guidance on Anchoring
The Club continues to be informed of incidents related to anchoring where Members’ vessels have either dragged their anchor in heavy weather or have anchored in an environmentally sensitive area.
News
UK Port Restrictions – Russian Vessels
On 28 February 2022, the UK Department for Transport announced that following the Russian government’s continued incursion into Ukraine, it did “not consider it appropriate for Russian vessels to continue to enter UK ports”.
News
Update on Russian Sanctions – 25 February 2022
Further to our update of 23 February 2022, the Russian invasion of Ukraine has now spread beyond the Donetsk and Luhansk regions prompting widespread international condemnation and additional economic sanctions. We set out a summary of the additional sanctions imposed since our previous update.
News
Update on Russian Sanctions – 23 February 2022
Following the Russian government’s adoption of decrees recognising the independence of the so-called Donetsk People’s Republic (“DNR”) and Luhansk People’s Republic (“LNR”) regions of eastern Ukraine, new sanctions have been introduced by the US, EU and the UK.
Circulars
Club Rules 2022
The Club Rules are here to help you navigate the terms and conditions of your cover so you can be sure of what your membership to the Club entails. This year there have been a number of updates to the Rules which we would like to draw your attention to.
Circulars
渔船责任险保险2022版
The Club is pleased to release the Fishing Vessel Liability Insurance for Smaller Craft Policy for 2022 in Chinese.
News
Notice of Alteration to the Terms and Conditions of Insurance
Amendment in regards to Marine Cyber Risks.
News
IG Circular: Recent Deceptive Practices
The purpose of this Circular is to draw Members’ attention to some of the recent deceptive practices employed by parties that are engaged in activities that offend the sanctions regimes operated by national governments and or supranational bodies such as the UN.
Circulars
Seguro de Responsabilidade Para Navio de Passageiros Para…
The Club is pleased to release the Passenger Vessel Liability Insurance for Smaller Craft Policy for 2022 in Portuguese.
News
IG Circular: Parametric Rolling – Top Tier Report
The International Group recently became 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. The project has been approved by a cross section of industry, academic and government interests. MARIN will produce a report of its findings including recommendations in due course.
Circulars
Yacht Personal Accident Cover – Basic
Detailed insurance wording for our Basic yacht PA cover.
Circulars
Personal Accident Cover – Basic
Detailed insurance wording for our Basic PA cover.
Circulars
Poliza de responsabilidad civil de navío de pasajeros 2022
The Club is pleased to release the Passenger Vessel Liability Insurance for Smaller Craft Policy for 2022 in Spanish.
Extraordinary General Meetings, News
EGM 18 January 2022 Minutes
MINUTES of an Extraordinary General Meeting of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) held on Tuesday 18 January 2022 at 11.45 hours at 16 Rue Notre-Dame, L-2240 Luxembourg.
Circulars
Personal Accident Cover – Enhanced
Detailed insurance wording for our general Enhanced PA cover.
Circulars
Yacht Personal Accident Cover – Enhanced
Detailed insurance wording for our Enhanced yacht PA cover.
Circulars
Poliza de responsabilidad civil de barco pesquero 2022
The Club is pleased to release the Fishing Vessel Liability Insurance for Smaller Craft Policy for 2022 in Spanish.
Fishing, News
Poliza de responsabilidad civil de barco pesquero 2022 (a partir del 1…
The Club is pleased to inform Members of changes to the Fishing Vessel Liability Insurance Policy in Spanish for policies incepting 1st January 2022.
Circulars
Aansprakelijkheidsverzekering voor vissersvaartuigen 2022
The Club is pleased to release the Fishing Vessel Liability Insurance for Smaller Craft Policy for 2022 in Dutch.
Fishing, News
Aansprakelijkheidsverzekering voor vissersvaartuigen 2022 (geldig…
The Club is pleased to inform Members of changes to the Fishing Vessel Liability Insurance Policy in Dutch for policies incepting 1st January 2022.
Circulars
Aansprakelijkheidsverzekering voor europese binnenvaartschepen 2022
The Club is pleased to release the Liability Insurance for European Inland Craft Policy for 2022 in Dutch.
Circulars
Aansprakelijkheidsverzekering voor kleinere passagiersschepen 2022
The Club is pleased to release the Passenger Vessel Liability Insurance for Smaller Craft Policy for 2022 in Dutch.
News, Passenger
Aansprakelijkheidsverzekering voor kleinere passagiersschepen 2022…
The Club is pleased to inform Members of changes to the Passenger Vessel Liability Insurance Policy in Dutch for policies incepting 1st January 2022.
Inland, News
Aansprakelijkheidsverzekering voor europese binnenvaartschepen 2022…
The Club is pleased to inform Members of changes to the European Inland Craft Liability Insurance Policy in Dutch for policies incepting 20 February 2022.
Loss Prevention, News
Safety Culture: Learning lessons on Safety Culture – Podcast
In this podcast, the Club’s Head of Loss Prevention – Carri Woodburn and Dr Claire Pekcan – Director at Safe Marine Ltd, consider an incident that has taken place on board a vessel and discuss some of the key lessons that can be learned about Safety Culture.
Extraordinary General Meetings, News
Notice of Extraordinary General Meeting and Rule changes 2022
NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) will be held on Tuesday 18 January 2022 at 11.45 hours at The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg), 16, Rue Notre-Dame, L-2240 Luxembourg, for the purpose of considering and if thought fit, passing the following as a SPECIAL RESOLUTION.
LCC, News
Cameron Shepherd: The Eternal Bliss – A blissful ruling for…
The issue as to whether demurrage is intended to form liquidated damages for all the consequences of a charterer’s failure to load or unload within the laytime, or only some of them, has in recent times caused disagreement. In what will be seen as a welcome development by charterers, on 18 November 2021 the Court of Appeal of England and Wales delivered its judgment in K Line Pte Ltd v Priminds Shipping (HK) Co Limited, holding that demurrage liquidates the whole of the damages…
Circulars
Yacht Pre-Delivery Liability Policy 2022
The Club is pleased to release the Yacht Pre-Delivery Liability Policy for 2022.
Circulars
Yacht Legal Costs Cover 2022
The Club is pleased to release the Yacht Legal Costs Cover Policy for 2022.
Circulars
Jacht-haftpflichtversicherung 2022
The Club is pleased to release the Yacht Liability Insurance Policy for 2022 in German.
Circulars
Police D’assurance Responsabilité Civile Liee à la Navigation de…
The Club is pleased to release the Yacht Liability Insurance Policy for 2022 in French.
Circulars
Yacht Liability Insurance Policy 2022
The Club is pleased to release the Yacht Liability Insurance Policy for 2022.
Circulars
Haftpflichtversicherungspolice für fischereifahrzeuge 2022
The Club is pleased to release the Fishing Vessel Liability Insurance Policy for 2022 in German.
Circulars
Haftpflichtversicherungspolice Für Europäische Binnenschiffe 2022
The Club is pleased to release the Liability Insurance for European Inland Craft Policy for 2022 in German.
Circulars
Haftpflicht-Versicherungspolice für Kleinere Passagierschiffe 2022
The Club is pleased to release the Passenger Vessel Liability Insurance for Smaller Craft Policy for 2022 in German.
News, Yacht
Jacht-haftpflichtversicherung (gültig ab 1. Januar 2022) –…
The Club is pleased to inform Members of changes to the Yacht Liability Insurance Policy in German for policies incepting 1st January 2022.
News, Passenger
Haftpflicht-versicherungspolice für kleinere passagierschiffe…
The Club is pleased to inform Members of changes to the Passenger Vessel Liability Insurance Policy in German for policies incepting 1st January 2022.
Inland, News
Haftpflicht-versicherungspolice für europäische binnenschiffe…
The Club is pleased to inform Members of changes to the European Inland Craft Liability Insurance Policy in German for policies incepting 20 February 2022.
Fishing, News
Haftpflicht-versicherungs police für fischereifahrzeuge (gültig ab…
The Club is pleased to inform Members of changes to the Fishing Vessel Liability Insurance Policy in German for policies incepting 1st January 2022.
Bulletins, Bulletins,
Barge Clause
The Club, as part of its specialism in small and specialised tonnage, continues to see growth in the number of barges entered. As with all types of vessels, due to the nature of their operation, barges have their own sets of risk. This is highlighted when considering the Club’s claims experience where several barge related incidents have proven to be very expensive.
Circulars
Police D’assurance Responsabilité Civile Liée à la Navigation…
The Club is pleased to release the European Inland Craft Liability Insurance Policy for 2022 in French.
Circulars
Police D’assurance Responsabilité Civile Liée Aux Navires de…
The Club is pleased to release the Fishing Vessel Liability Insurance Policy for 2022 in French.
Loss Prevention, News
Safety Culture: Raising a Safety Concern
As part of the Safety Culture series, the Club has been releasing a series of advisories in collaboration with industry experts. The latest release which is available to view and download above, provides advice on how to raise a safety concern in a manner that helps to avoid an uncomfortable situation.
Circulars
Police D’assurance Responsabilité Civile Liée Aux Navires À…
The Club is pleased to release the Passenger Vessel Liability Insurance Policy for 2022 in French.
Fishing, News
Police D’assurance responsabilité civile liée aux navires de…
The Club is pleased to inform Members of changes to the Fishing Vessel Liability Insurance Policy in French for policies incepting 1st January 2022.
Inland, News
Police d’assurance responsabilité civile liée à la navigation…
The Club is pleased to inform Members of changes to the European Inland Craft Liability Insurance Policy in French for policies incepting 20 February 2022.
News, Yacht
Police d’assurance responsabilité civile liee à la navigation de…
The Club is pleased to inform Members of changes to the Yacht Liability Insurance Policy in French for policies incepting 1st January 2022.
News, Passenger
Police d’assurance responsabilité civile liée aux navires à…
The Club is pleased to inform Members of changes to the Passenger Vessel Liability Insurance Policy in French for policies incepting 1st January 2022.
Circulars
Passenger Vessel Liability Insurance Policy 2022
The Club is pleased to release the Passenger Vessel Liability Insurance for Smaller Craft Policy for 2022.
Circulars
Specialist Offshore & Construction Package 2022 – Core
The Club is pleased to release the updated Core – Specialist Offshore & Construction Package for 2022.
Circulars
Specialist Offshore & Construction Package 2022 – Enhanced
The Club is pleased to release the updated Enhanced – Specialist Offshore & Construction Package for 2022.
Circulars
Liability Insurance for European Inland Craft Policy 2022
The Club is pleased to release the Liability Insurance for European Inland Craft Policy for 2022.
Circulars
Fishing Vessel Liability Insurance Policy 2022
The Club is pleased to release the Fishing Vessel Liability Insurance Policy for 2022.
News, Yacht
Yacht Pre-Delivery Liability Policy 2022 (effective 1st January 2022)…
The Club is pleased to inform Members of changes to the Yacht Pre-Delivery Liability Policy incepting 1st January 2022.
News, Yacht
Yacht Legal Costs Cover 2022 (effective 1st January 2022) –…
The Club is pleased to inform Members of changes to the Yacht Legal Costs Cover incepting 1st January 2022.
News, Yacht
Yacht Liability Insurance Policy 2022 (effective 1st January 2022)…
The Club is pleased to inform Members of changes to the Yacht Liability Insurance Policy incepting 1st January 2022.
Inland, News
Liability Insurance Policy for European Inland Craft 2022 (Inland…
The Club is pleased to inform Members of changes to the Liability Insurance Policy for European Inland Craft for policies incepting 20 February 2022.
Fishing, News
Fishing Vessel Liability Insurance Policy 2022 (effective 1st January…
The Club is pleased to inform Members of changes to the Fishing Vessel Liability Insurance Policy for policies incepting 1st January 2022.
News, Offshore
Specialist Offshore & Construction Package 2022 (effective 20…
The Club is pleased to inform Members of changes to the Offshore Liability Policy – Core, for 2022.
News, Offshore
Specialist Offshore & Construction Package 2022 (effective 20…
The Club is pleased to inform Members of changes to the Specialist Offshore & Construction Package: Enhanced, for 2022.
News, Passenger
Passenger Liability Insurance Policy 2022 (effective 1st January 2022)…
The Club is pleased to inform Members of changes to the Passenger Liability Insurance Policy for policies incepting 1st January 2022.
News, Offshore
Liability for salvage costs under TOWCON
Earlier this year, BIMCO issued revisions to its widely used standard ocean towage forms, TOWCON and TOWHIRE. The last revisions to these contracts had been made in 2008 and so, there was a real need to update these two contracts to bring them in line with the changing commercial and legal practices that have taken place over the last decade. For the purposes of this article, reference will only be made to TOWCON, but materially the same updates also apply in TOWHIRE. In particular, the…
News, Risk Assessment
Oil Tanker Operations Risk Assessment
To assist in mitigating the risk involved with this trade, several measures are already in place including regulations governing the carriage of oil and the mandatory requirement for all crew to undergo specialised training courses prior sailing on tankers. However, despite this regulatory framework, the Club continues to be notified of operations related incidents occurring on entered oil tankers.
News
Renewal 2022/2023
At the half year stage, the Club reported a Combined Ratio of 100.9%, with an underwriting deficit of US$ 0.9m. Having requested a 5% policy year General Increase in February 2021 it was expected that rating levels would be sufficient to return the Club to a breakeven underwriting position. Whilst the necessary premium increases are being secured as Members renew their entries, the level of claims arising from COVID-19 has been significantly higher than had been anticipated.
News, Offshore
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.
News
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.
News
IG Circular: Sierra Leone – Carriage of iron ore fines cargoes…
Members are referred to our previous circulars from 28 January 2011 and 20 June 2012 and the risks arising from the carriage of mineral ores from certain jurisdictions, including possible liquefaction of such cargoes and the lack of a regulatory oversight at the loading ports. Iron ore fines are of increasing concern, particularly shipments from Sierra Leone arising from a phased restart of iron mines in the region and with vessels loading such cargoes in the port of Pepel.
News
IG Circular : Paperless Trading Electronic Trading Systems Update to…
Members are referred to the Club’s previous Circular from 11 June 2011 which can be viewed here for easy reference.
News, Press releases
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.
News
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.
Circulars
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.