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 is able to fulfil this mandate by proactively addressing areas of concern which are identified by the Club or within the industry.

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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

    A Shipowners’ liability under the Maritime Labour Convention…

    A large majority of the claims handled by the Club involve crew illness or injury, with this in mind, the Club seeks to inform Members that understanding the basis of a Shipowners’ liability and how international conventions may apply is of vital importance to them in their operations.

  • Circulars

    Club Rules 2021

    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.

  • News

    A note from the Chairman

    When I spoke to the Club CEO, Simon Swallow, last week we reflected on the strange year we’ve all been through and I congratulated him and all of the Club’s staff for the way in which they had adapted and shown remarkable dedication in the new working environment forced upon them.

  • News

    IG Circular: United States sanctions on Venezuela

    This Circular provides information on the recent designation by the Government of the United States of Venezuela’s Maritime Authority (Instituto Nacional de los Espacios Acuaticos – “INEA”).

  • News

    Turkey: Revised pollution fines 2021

    The fines for causing pollution in Turkey have rien once again by 9.11%. This is in accordance with the declaration by the Ministry of Environment and Urbanisation in Turkey, which was published in the Official Gazette dated 24 December 2020, numbered 31318. With effect from 1 January 2021.

  • Extraordinary General Meetings, News

    EGM 26 January 2021 Minutes

    MINUTES of an Extraordinary General Meeting of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) held on Tuesday 26 January 2021 at 11.45 hours at 16 Rue Notre-Dame, L-2240 Luxembourg.

  • News

    Small investments can make a tangible difference to the lives of…

    The latest Seafarers Happiness Index report, published by The Mission to Seafarers, reveals that small investments can make a tangible difference to the lives of seafarers.The survey, with the support of the Shipowners’ Club and Wallem Group, reports on the experiences of seafarers between October and December 2020.

  • News

    Precautions and Safety Measures To Assist In Mitigating Drug…

    Drug trafficking is a global illicit trade involving the cultivation, manufacture, distribution, and sale of substances which otherwise are prohibited by law. It is a fact that considerable proportion of drug trafficking occurs by sea because of favourable circumstances for transportation. In 2020, there has been a rise in the number of reported incidents involving drug seizures on board ships calling in South American ports and on ships bound for United States (U.S.) or European…

  • Extraordinary General Meetings, News

    EGM 12 January 2021 Minutes

    MINUTES of an Extraordinary General Meeting of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) held on Tuesday 12 January 2021 at 11.45 hours at 16 Rue Notre-Dame, L-2240 Luxembourg.

  • News

    Russian Sanctions: United States Congress Passes Amendments on PEESA…

    In November 2020 the Club issued a circular concerning efforts by the United States to enhance sanctions targeting the construction of the Nord Stream 2 (NS2) and Turkstream 2 (TS2) pipelines, and those who provide vessels and services in connection with either project.

  • News, Press releases

    Fender Marine AS to offer P&I product to small Scandinavian…

    The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has entered into a strategic partnership with Fender Marine AS, the specialist marine underwriting agency based in Norway.

  • Extraordinary General Meetings, News

    Notice of Extraordinary General Meeting – additional Rule Change…

    Notice is hereby given that an Extraordinary General Meeting of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) will be held on Tuesday 26 January 2021 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.

  • News, Passenger

    Passenger Liability Insurance Policy 2021.1 (effective 20 February…

    The Club is pleased to inform Members of changes to the Passenger Liability Insurance Policy for policies incepting 20 February 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above.

  • News,  Yacht

    Yacht Liability Insurance Policy 2021.1 (effective 20 February 2021)…

    The Club is pleased to inform Members of changes to the Yacht Liability Insurance Policy for policies incepting 20 February 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above.

  • Inland, News

    Liability Insurance Policy for European Inland Craft 2021.1 (Inland…

    The Club is pleased to inform Members of changes to the Liability Insurance Policy for European Inland Craft for policies incepting 20 February 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above.

  • Fishing, News

    Fishing Vessel Liability Insurance Policy 2021.1 (effective 20…

    The Club is pleased to inform Members of changes to the Fishing Vessel Liability Insurance Policy for policies incepting 20 February 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above.

  • News, Offshore

    Offshore Liability Insurance Policy 2021 – Basic: changes with…

    The Club is pleased to inform Members of changes to the Offshore Liability Policy – Basic, for 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above and will take effect for all policies incepting as from 20 February 2021.

  • News, Offshore

    Offshore Liability Insurance Policy 2021 – Enhanced: changes with…

    The Club is pleased to inform Members of changes to the Offshore Liability Policy – Enhanced, for 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above and will take effect for all policies incepting as from 20 February 2021.

  • News

    IG Circular: U.S. Oil Pollution California – Increased criminal…

    Members are informed that the International Group (IG) Clubs have considered the potential impact on cover for pollution risks of this new legislation.

  • LCC, News

    Shev Algama: Limitation of liability for marinas – the…

    On Friday 2 March 2018, Storm Emma hit Holyhead Marina in Anglesey, Wales with near-hurricane force winds. In the aftermath of the storm 89 vessels (including yachts, leisure crafts, house boats and commercial vessels) were lost, in addition to multiple pieces of machinery and a RNLI mooring pen. The destruction of the marina also caused significant pollution with 3,000 litres of oil and 40 tonnes of polystyrene debris being recovered along the Anglesey coastline.

  • Extraordinary General Meetings, News

    Notice of Extraordinary General Meeting and Rule Changes 2021

    Notice is hereby given that an Extraordinary General Meeting of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) will be held on Tuesday 12 January 2021 at 11.45 hours at The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg), 16, Rue Notre-Dame, L-2240 Luxembourgfor the purpose of considering and if thought fit, passing the following as a SPECIAL RESOLUTION.

  • Bulletins

    Podcast: Yacht electrical fires

    Since 2014 the Club has experienced 17 yacht fire claims. Of these claims, it was established that 10 were directly a result of an electrical fault, and 1 indirectly. These claims have the potential to demand a high quantum, with one such claim currently sitting at just under US$ 3 million. It is not just the financial implications of these incidents as yachts suffering from fire or smoke damage deprive their owner the use of their asset.

  • News, Passenger

    Passenger Vessel Liability Insurance Policy 2021- changes with…

    The Club is pleased to inform Members of changes to the Passenger Vessel Liability Insurance Policy for 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above and will take effect for all policies incepting as from 1 January – 19 February 2021.

  • Fishing, News

    Fishing Vessel Liability Insurance Policy 2021- changes with…

    The Club is pleased to inform Members of changes to the Fishing Vessel Liability Insurance Policy for 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above and will take effect for all policies incepting as from 1 January – 19 February 2021.

  • Inland, News

    Liability Insurance Policy for European Inland Craft 2021 (Inland…

    The Club is pleased to inform Members of changes to the Inland Policy for 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above and will take effect for all policies incepting as from 1 January – 19 February 2021.

    The Inland Policy is available for European inland trading vessels only and for Members entered via the Euro P&I fixed facility.

  • News, Yacht

    Yacht Liability Insurance Policy 2021- changes with explanations

    The Club is pleased to inform Members of changes to the Yacht Liability Insurance Policy for 2021. The changes, together with explanations, can be accessed via the ‘view pdf’ button above and will take effect for all policies incepting as from 1 January – 19 February 2021.

  • News

    Renewal 2021/2022

    At the 2020 half year stage, the Club reported a Combined Ratio of 102.2%, with an underwriting deficit of US$ 2.2m. Whilst this represented a deficit in line with expectations, this result is against the turbulent backdrop of COVID-19. As a result of the pandemic, the Club has experienced a lower incidence of claims, which in most cases was due to reduced vessel operations. This reduction however, was offset by some sizeable claims as a result of COVID-19 outbreaks on board vessels.

  • News

    IG Circular: Nord Stream 2 and TurkStream – Update on new U.S.…

    This Circular concerns efforts by the United States to enhance the sanction provisions targeting the construction of the NS2 and TurkStream pipeline projects and those who provide vessels and services in connection with either project. The recent efforts are mainly focused on two pieces of legislation – the Countering America’s Adversaries Through Sanctions Act (CAATSA) and the Protecting Europe’s Energy Security Act (PEESA).

  • Bulletins, News

    Offing Marine & Offshore Consultants: Inspection and maintenance…

    The Club would like to thank Captain Purnendu Shorey, Director of Offing Marine & Offshore Consultants (Offing Marine) for his invaluable contribution to this article. Offing Marine specialise in a range of maritime activities including surveys, towage approvals and casualty investigations.

  • News, Press releases

    The Shipowners’ Club appoints Chief Information Officer

    The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, is delighted to announce the appointment of Mark Hamblin, Chief Information Officer, to its Management Board.

  • Loss Prevention, News

    “Life During Covid is a Living Nightmare”: Ongoing impact revealed in latest Seafarers Happiness Index

    Seafarers continue to face a bleak future in the face of the COVID-19 pandemic, according to the latest Seafarers Happiness Index report, published today by The Mission to Seafarers. The survey, with the support of the Shipowners’ Club and Wallem Group, reports on the experiences of seafarers between July and September 2020.

  • Press releases

    The Shipowners’ Club and Jumar Technology: Simplifying insurance…

    This Shipowners’ Club and Jumar Technology partnership has been instrumental in driving the development of the Club’s new Policy Administration System (PAS), supporting its global network of Members and Brokers.

  • News

    IG Circular: Crew change issues arising from COVID-19

    The International Group and its 13 constituent P&I Clubs, which are in turn mutually owned and governed by their shipowner and charterer Members, have become extremely concerned about the detrimental effect upon the mental well-being of seafarers as a result of the prolongation of their contracts of employment due to the pandemic.

  • News

    IG Circular: U.S. Oil Pollution California – Increased criminal…

    Members are advised that new fines will be applicable in California from 1 January 2021 for ship sourced oil pollution damage in Californian State waters.

  • News, Yacht

    Syndicate Series – Meet the Yacht Team

    he Club has developed a Syndicate Series to showcase the strength and experience of our highly specialised Syndicates. Our latest interactive infographic introduces our dedicated Yacht team.

  • News, Press releases

    The Shipowners’ Club pledges stability for Membership with…

    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 2020.

  • Circulars

    Half Year Report 2020

    The Club is pleased to announce its financial results for the six months ending 30 June 2020.

  • News, Press releases

    The Shipowners’ Club co-opts Peter Sydenham and Jan Vermeij to…

    The co-option was agreed at the Club’s Board meeting on the 4 September, with effect from the November 2020 meeting.

  • News

    Bunker Operations Risk Assessment

    Bunkering is one of the most common operations carried out on board, regardless of the vessel type or size. Despite it being a routine operation, disputes may arise, such as those regarding the quantity or quality of bunkers and in some cases the legality, if careful planning is not implemented. The consequences of such situations can vary from machinery breakdowns, to Port State Control (PSC) detentions, to delays, arrests and significant financial and reputational losses. As the shipping…

  • News

    IG Circular – New revised People’s Republic of China (PRC) law on…

    A new revision to the PRC Law on the Prevention and Control of Environmental Pollution by Solid Wastes (new Revision), which becomes effective on 1st September 2020,  imposes joint and several liability on both the carrier and importer for the return and disposal of the solid waste where the solid waste is prohibited and/or proper license has not been obtained, and significantly increases the fines that can be imposed for violations.

  • Loss Prevention, News, Press releases

    Latest Seafarers Happiness Index report reveals seafarer welfare…

    The latest Seafarers Happiness Index, published today by The Mission to Seafarers, has revealed the ongoing impact of COVID-19 on the welfare of international seafarers and their families.

  • News

    Electronic Record Books under MARPOL

    One of the key elements of the International Convention for the Prevention of Pollution from Ships (MARPOL) is the accurate record keeping of movements and/or discharges of shipboard substances and materials that are considered hazardous to the environment.

  • Loss Prevention, News

    Coronavirus (COVID-19): Latest information and updates

    Coronaviruses (CoV) are a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV).

  • News, Offshore

    Who is liable when property is damaged under offshore contracts?

    Damage to property, whether fixed or moveable, is a common risk during the operation of an offshore vessel. This risk can often result in a significant liability exposure for Members, as the damage may not be limited to their property, but also to property belonging either to their contractual counterparties, or third parties.

  • LCC, News

    Limitation of liability: Who is an ‘Operator’ and who is a…

    This article, written by Ian Teare and Matthew Dow of Law Firm, Wikborg Rein, discusses the judgment handed down in the Admiralty Court on the case of the Stema Barge II, and looks in detail at the scope and meaning on the Limitation Convention 1976. In determining the meaning of ‘Operator’, it was necessary for the Court to also examine the meaning of ‘Manager’. This is the first time that the English Court has been called upon to consider this issue which it did in…

  • News

    Reactivation of vessels after a period of lay up

    The shipping market continues to experience a prolonged period of downturn, especially in the offshore sector. We have seen owners and operators often being compelled to lay up tonnage.

  • News

    Closure of the 2017 policy year without additional call

    At their meeting of the 21 May 2020 the Board considered the open policy years and in particular the 2017 policy year, which is now three years old.

  • Annual General Meetings, News

    AGM Minutes May 2020

    Minutes of the Annual General Meeting of the Members held at 16 Rue Notre-Dame, L-2240, Luxembourg, on Thursday 21 May, 2020 at 9.00 hours.

  • News

    IG Circular: US Global Maritime Advisory

    On 14 May 2020 the US issued a Global Maritime Advisory (Guidance) aimed at a range of industry sectors including marine insurers such as P&I clubs and shipowners and charterers.

  • News

    Mexico alert – Smuggling of illegal narcotics – risk of ship…

    The International Group of P&I Clubs, International Chamber of Shipping (ICS), BIMCO and InterManager (the international industry organisations) draw Members’ attention to the series of recent ship detentions and crew arrests in Mexico and, in the case of the UBC Savannah, the lengthy and continuing detention in custody of the ship’s Master without any formal charges against him, following the discovery of illegal narcotics on board.

  • Circulars

    Solvency & Financial Condition Report (SFCR) 2019

    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.

  • LCC, News

    BARGEHIRE 2008 and force majeure

    This article, which was written by Simon Tatham and David High of Maritime Law Firm, Tatham & Co., discusses the main practicalities of invoking clause 20 of the BARGEHIRE 2008 contract which is a force majeure clause. This might be because a shutdown in the field of operation means that it cannot be manned or loaded, that the cargo destined to be carried is very seriously delayed or simply that the charterers’ business is in such stress that there is no cash to pay ongoing hire.

  • News

    IG Circular: Vessel monitoring and P&I insurance

    In line with their legal and regulatory obligations, all Clubs in the International Group maintain sophisticated sanctions compliance programmes and procedures. The rules and procedures developed by Clubs to manage sanctions risks take account of the guidance provided by bodies such as the UN Security Council (UNSCR), the UK Office of Financial Sanctions Implementation (OFSI), the US State Department and the US Office of Foreign Assets Control (OFAC). Through its system of circulars and news…

  • News

    IG Circular: Democratic People’s Republic of Korea (DPRK)…

    This circular is an update on the Democratic People’s Republic of Korea (DPRK) sanctions enforcement circular that we published in 2019. It has been updated following the recently published 2019/2020 UN Panel of Experts of North Korea Sanctions Report.

  • LCC, News

    Contractual implications of Coronavirus (COVID-19) – FAQs

    The global Coronavirus (COVID-19) pandemic has brought about exceptionally challenging trading conditions and the Club is committed to supporting Members through this difficult time. To this end, the Club has produced the following guidance which addresses some of the most frequently asked questions regarding the contractual implications of the outbreak.

  • Circulars, News,  

    IG circular: Regulations of the People’s Republic of China on the…

    This circular informs Members that the PRC Maritime Safety Agency (MSA) recently published new Measures of Administration on Agreement for Ship Pollution Response Regime.

  • Annual General Meetings, News

    Notice of Annual General Meeting – 21 May 2020

    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 16 rue Notre-Dame, L-2240, Luxembourg on Thursday 21 May 2020 at 09.00 hours

  • News

    The Shipowners’ Club reports increased Member numbers and strong…

    The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has reported results for the year ended 31 December 2019.

  • Circulars

    Annual Report 2019

    The Shipowners’ Club, the leading mutual P&I insurer in the smaller and specialist vessel sector, has reported resilient results for the year ending 31 December 2019.

  • Loss Prevention, News

    Coronavirus (COVID-19): Crew health and wellbeing

    The global shipping industry is currently facing a health and wealth crisis as a result of the COVID-19 pandemic. Whilst most are adapting to working from home, many seafarers continue to carry out their valuable work at sea to keep global trade moving.

  • News

    Weather forecasts, safe passage and safe berths

    Adverse weather enhances the risks for yachts and their crews, not only in open waters, but also in bays, anchorages, ports and marinas.

  • News

    Coronavirus (COVID-19) – FAQs on Club cover

    The global Coronavirus (COVID-19) pandemic has brought about exceptionally challenging trading conditions and the Club is committed to supporting Members through this difficult time. To this end, the Club has produced the following guidance which addresses some of the most frequently asked questions from our experience to date.

  • News,  

    Coronavirus — Singapore branch temporary closure

    The ongoing development of COVID-19 requires that we regularly review our day to day operational practices. From 6 April, following Government instruction, the Singapore branch of the Club will temporarily close with all staff working remotely. This follows the temporary closure of our London branch last month.

  • LCC, News

    Robert Shearer: The CMA CGM LIBRA — Court of appeal update

    There is now a binding English Law precedent that passage planning can affect a vessel’s seaworthiness. It creates more certainty about what exactly can render a vessel unseaworthy and the decision also reaffirms the non-delegable nature of the duty of seaworthiness at the commencement of a voyage.

  • News

    Coronavirus: Challenges in meeting operational and regulatory…

    The Club understands that in view of the ongoing Coronavirus (COVID-19) situation, owners and managers are facing challenges in meeting various statutory requirements.

  • Circulars

    A guide to offshore jurisdiction

    The 2020 update produced with the assistance of CTRL Marine Solutions Ltd, answers key questions for 21 jurisdictions, covering international conventions and liability regimes, legal frameworks and court systems including industry standard contracts, knock for knock provisions, fines, time bars and more. This information has been compiled with the assistance of leading legal practitioners in each jurisdiction.

  • News

    Coronavirus — London branch temporary closure

    From 16 March, following UK Government advice, the London branch of the Club will temporarily close with all London staff working remotely. Despite the London branch closure, it remains very much business as usual with all staff able to service our Members and their brokers remotely. Our focus will remain towards offering the highest service levels and fundamentally supporting our Membership with their claims, operational liabilities and providing their insurance solutions.

  • LCC, News

    Cameron Shepherd: Legal Costs Cover and IMO 2020

    The Club anticipates that the implementation of the Global Sulphur Cap will result in an increased number of commercial disputes between Members and associated parties, including charterers, bunker suppliers, and fitters of scrubbers and the costs associated with such disputes can be high. The Club’s Legal Costs Cover (LCC) provides cover for Members’ legal fees and other related costs, in pursuing or resisting claims which arise out of these disputes.

  • Circulars

    Club Rules 2020

    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. These are listed in the front of the Rule book

  • Circulars, News,  

    IG circular: Electronic (paperless) trading update

    This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of CargoX. Members may recall, as reported in the previous IG Circular: Electronic (Paperless) trading, that until February 2010 the Rules of all of the Group Clubs specifically excluded liabilities in respect of the carriage of cargo under all electronic, i.e. paperless, trading systems.

  • LCC, News

    Chen Zhida: Novel Coronavirus – Implications for charterparties

    Last month, the Club issued a bulletin on the 2019 Novel Coronavirus (COVID-19) which explained the origin of the virus and provided advice for Members whose vessels may be trading in affected areas. As the outbreak continues, there are now threats of significant delays to shipments around the world and in particular, Asia. Chen Zhida, Associate Director of Helmsman LLC, provides advice for shipowners and charterers who…

  • Crew health & wellbeing, Health and wellbeing, Loss Prevention, News

    Fatigue at Sea: Wearable technology

    Sleepiness and fatigue is a major factor impacting accidents at sea. As such, the Club has partnered with Sleep and Fatigue Research Ltd. (Safr) to investigate whether wearable technology can be utilised by shipping companies to identify fatigue hotspots within their operations.

  • News

    Turkey: Revised pollution fines

    As reported in our previous circular, Pollution Fines in Turkey published in September 2019, fines for causing pollution are imposed under the Turkish Environment Code dated 1983, number 2872. With effect from 1 January 2020, the level of fines have been revised to reflect increases of approximately 23% from the previous year. This update outlines the revised amounts.

  • Loss Prevention, News, Press releases

    Improvement in connectivity at sea, but less satisfaction overall,…

    The latest Seafarers Happiness Index report, published today by The Mission to Seafarers, has revealed that seafarer happiness continues to fluctuate – with improvements in connectivity at sea, but also continuing concerns regarding workload among the issues raised by seafarers.

  • News

    Greece: Increased pollution fines

    Due to recent changes in Greek environmental law, higher pollution fines have been imposed by the authorities with effect from 31 December 2019. This update outlines the increases in the event of oil pollution, as well as providing guidance on what Members should do if a pollution incident occurs.

     

  • News, Offshore

    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.

  • Extraordinary General Meetings, News

    EGM January 2020 Minutes

    MINUTES of an Extraordinary General Meeting of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) held on Wednesday 22 January 2019 at 11.45 hours at 16 Rue Notre-Dame, L-2240 Luxembourg.

  • Extraordinary General Meetings, News

    EGM and Meeting of the Board of Directors – Wednesday 22nd…

    EGM of the Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) and meeting of the Board of Directors of the Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) both held at 16 Rue Notre-Dame, L-2240, Luxembourg on Wednesday 22nd January 2020.

  • News

    International Group of P&I Associations – Excess War Risks…

    As part of the renewal of the International Group’s General Excess of Loss Reinsurance Contract for the policy year 2020/2021, the excess War Risks P&I cover will also be renewed for a period of 12 months, with the costs included in the total rates charged to shipowners.

  • Circulars

    Construction All Risks Deductible Buy Down Cover Extension

    The Club is pleased to release its Construction All Risks Deductible Buy Down Cover Extension.

  • LCC, News

    Fazlina Sapuan: Increased limits of liability in Singapore effective…

    Singapore has recently implemented the 1996 Protocol to the Convention on Limitation of Liability for Maritime Claims 1976 (LLMC 1976).  As a result, with effect from 29 December 2019, Members can expect increased limits of liability for maritime claims.

  • News, Offshore

    Offshore Liability Insurance Policy 2020 – Enhanced: changes…

    The Club is pleased to inform Members of changes to the Offshore Liability Policy – Enhanced, for 2020. The changes will take effect for all policies incepting as from 20 February 2020.

  • News, Offshore

    Offshore Liability Insurance Policy 2020 – Basic: changes with…

    The Club is pleased to inform Members of changes to the Offshore Liability Policy – Basic, for 2020. The changes will take effect for all policies incepting as from 20 February 2020.

  • News, Offshore

    Syndicate Series – Meet the Offshore Team

    The Club has developed a Syndicate Series to showcase the strength and experience of our highly specialised Syndicates. In this inaugural edition we we would like to introduce our dedicated Offshore team for both the Middle East & India, and Worldwide divisions.

  • News

    U.S. sanctions imposed on Nord Stream 2 and Turkstream pipelines

    On 20 December 2019, President Trump signed the National Defence Authorisation Act 2020 (the Act) into law. The Act contains numerous sanctions related elements, including Russia-related sanctions targeting certain vessel types engaged in pipe-laying at depths of 100 feet or more below sea level for the construction of the Nord Stream 2 and Turkstream pipelines, and on companies supplying those vessels. The U.S. Office of Foreign Assets Control (OFAC) have issued guidance through FAQs which…

  • News

    ITOPF — An invaluable resource of marine pollution assistance…

    An additional benefit of being a Member to the Shipowners’ Club is that all vessels entered are automatically enrolled with the International Tanker Owners Pollution Federation (ITOPF). The cost of ITOPF membership is paid for by the Club on behalf of all Members. ITOPF is there to assist and advise in the event of a spill or threat of a spill of oil, chemicals or other substance in the marine environment.

  • News

    IMO 2020 — New BIMCO Sulphur Clauses

    The Club wishes to remind Members of its previous publications regarding the implementation of the global sulphur cap which is due to come into force on 1 January 2020. In addition to this advice, Members should also be aware of the potential amendments they could make to charterparties, in order to help minimise their exposure to contractual disputes relating to the sulphur cap.

  • Circulars, News

    IG Circular: Electronic (paperless) trading update

    This circular informs Members of the approval by the International Group of P&I Clubs (the Group) of WAVE. Members may recall, as reported in the previous IG Circular: Electronic (Paperless) trading, that until February 2010 the Rules of all of the Group Clubs specifically excluded liabilities in respect of the carriage of cargo under all electronic, i.e. paperless, trading systems…

  • News

    Webinar – Sanctions: What to watch out for in a fast changing world – recording available

    The Shipowners’ Club hosted its first webinar on the topic of Sanctions: ‘What to watch out for in a fast changing world’.

  • Circulars, News

    IG Circular: P&IQ registration now open to all

    In 2010 the International Group launched the P&I Qualification (P&IQ) programme as a dedicated professional qualification providing high quality, sector-specific training in all aspects of P&I insurance to Club employees.

  • Bulletins, News

    REGINAVE Update – Argentina

    The Club would like to draw Members’ attention to recent changes to the navigation regulation in Argentina.

  • News

    Renewal 2020/2021

    At the 2019 half year point, the Club reported a Combined Ratio of 105.9%, with an underwriting deficit of US$ 5.7m. This represented a deficit marginally higher than budgeted, which was determined to be largely the result of the increased quantum of claims in both 2018 and 2019 when compared with 2016 and 2017.

  • Extraordinary General Meetings, News

    Notice of Extraordinary General Meeting Wednesday 22nd January 2020

    Notice is hereby given that an Extraordinary General Meeting of The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg) will be held on Wednesday 22nd January 2020 at 11.45 hours at The Shipowners’ Mutual Protection and Indemnity Association (Luxembourg), 16, Rue Notre-Dame, L-2240 Luxembourg.

  • News, Offshore

    The false economy of amending knock for knock clauses

    This article looks at why the integrity of knock for knock agreements is so important, what changes Members should look out for that can undermine the regime and why all those involved should think carefully before making such amendments.

  • News, Press releases

    New report from The Mission to Seafarers shows increased positivity…

    The latest Seafarers Happiness Index report, published today by The Mission to Seafarers, has revealed a marked improvement in happiness levels among seafarers across all sectors of the industry.

  • Inland, News

    Liability Insurance Policy for European Inland Craft 2020 (Inland…

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

  • News, Yacht

    Yacht Liability Insurance Policy 2020 – changes with…

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

  • Fishing, News

    Fishing Vessel Liability Insurance Policy 2020 – changes with…

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

  • News, Passenger

    Passenger Vessel Liability Insurance Policy 2020 – changes with…

    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.

  • LCC, News

    Giselle Villanueva: A back to basics guide to arbitration and…

    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.