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What is P&I?

Protection and Indemnity insurance, or as it is more commonly known – ‘P&I’, is the policy ship owners purchase to protect them against liability claims from crew, passengers and third parties. Liability claims include those such as collision, property damage, pollution, environmental damage and removal of wrecks. The name dates back to the 1800s when ‘Protection Clubs’ were formed in order to cater for the liabilities imposed on ship owners by the British Merchant Shipping Act of 1854. The first Club to respond to these liabilities was the Shipowners’ Mutual ...

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Is the Lloyd’s Open Form salvage contract dying?

There is an industry debate discussing emergency casualty response and the decline in LOF contracts. Gard, as a marine, energy and P&I insurer, is well aware of the pressures which arise from high profile casualties. We thank our guest author, Nick Burgess of BDM Law for his contribution to the ongoing discussion with the aim of finding an acceptable revision to the current LOF formula. The Lloyd’s Open Form salvage contract (LOF) has been around for well over a century. It is the best known international salvage agreement. In recent ...

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North P&I Club Strengthens Underwriting Department with Appointment of Andrew Hearne

North P&I Club has appointed Andrew Hearne as Deputy Director (Underwriting), based at the club’s head office in Newcastle upon Tyne. The appointment is part of the club’s commitment to strengthening service delivery for members and expanding its underwriting team as the club moves from a period of consolidation to controlled growth over the next few years. Hearne, who joined North on 12 June 2017, has several years of major underwriting experience at Britannia P&I Club and more recently, senior experience in the fixed premium market through his role at ...

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Technology – friend or foe?

Laura Grant, Claims Executive at UK P&I Club, comments on the increasing reliance on technology within shipping : “As the years have progressed, so has technology. In the not so distant past, computers were considered a luxury, however they are now deemed more of a necessity. We are becoming increasingly reliant on this assistance but should it be considered a friend or foe? “Of course there are countless positives gearing technology as more of a trusted friend than an enemy. In the shipping world specifically it has allowed crews to ...

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Condition Surveys: Tankers Which Have Carried Heavy Fuel Oil as Cargo

As in previous years and in accordance with International Group practice, the Club is required to carry out condition surveys of seagoing tankers aged 10 years or more if they carried heavy fuel oil (HFO) as cargo during the previous policy year unless the ship: has undergone a P&I Club condition survey during the previous 12 months; or has undergone a class Special Survey during the previous 6 months; or is currently rated as CAP 1 or CAP 2 by an IACS classification society. Members should complete the if any ...

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GARD CEO Update – when the wind blows

Rolf Thore Roppestad, CEO of Gard, provides an update on recent events in Gard and our business going forward. In the month that the government of the USA announced that it would withdraw from the Paris climate change accord, it seems particularly appropriate to be talking about the subject of sustainability. At our recent Summer Seminar, our speakers covered a range of topics including: learning lessons from the past, looking at the challenges of today in terms of technology and innovation, preventing and preparing for handling maritime accidents, peering into ...

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USCG guidance on safety considerations for simultaneous operations during LNG bunkering

The United States Coastguard (USCG) has issued a notice on the safety considerations for simultaneous operations (SIMOPS) during LNG fuel transfer operations . Even though the guidance is provided to the Coast Guard Captains of the Port (COTPs), the safety issues highlighted in the attached notice are also relevant to LNG fuelled vessels. Examples of SIMOPS for a LNG fuelled ship may include crew & passenger embarkation/disembarkation, loading of stores and cargo, discharging waste, loading and unloading materials and consumables including potable water, lubricants, and fuel other than LNG, gangway ...

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The American Club Reports Solid Progress In 2016 Despite Challenging Business Climate

Despite a challenging business climate, the American Club reported solid progress during 2016, the closing year of its first century of service to the global shipping community. Members attending the one-hundredth Annual Meeting of the Club in New York yesterday heard that its business was developing positively and that 2017, its centennial year, had started on an upbeat note. Club tonnage had grown substantially during 2016 – P & I entries by 16% and FD & D business by 19%. 2017 had also started well in this respect, both tonnage ...

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Junge & Co appoints Olaf Fölsch as CEO

Junge & Co, part of the Ed Broking Group, today announced the appointment of Olaf Fölsch as CEO. He succeeds Ulfert Paulsen who has retired from the position after more than 28 years with Junge & Co. Fölsch, who previously served as Managing Director of Junge & Co, brings nearly two decades of insurance experience to his new role. He joined in 2015 from Aon where as Head of Specialty Marine he led its marine business in Germany. Prior to this, he served as General Manager and Head of Marine ...

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Brazil – Inspection of Vessels of 18 or More Years of Age

Club Correspondents, Brazil P&I, Santos, have advised that a new inspection requirement in Brazilian ports has been introduced, following a number of recent casualties involving bulk carriers. All vessels of 18 or more years of age that are to load a cargo with a density of 1.78 t/m3 or greater, e.g. iron ore, are to be subject to an inspection upon arrival prior to loading commencing. Foreign flagged vessels will be inspected by Port State Control, with the requirement extending to Brazilian flagged vessels which will be inspected by Flag ...

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Qatar – ships affected by rising diplomatic tension in the Middle East

Ports across Saudi Arabia, Bahrain and the United Arab Emirates (UAE) remain closed to ships associated with Qatar, such as ships flying the Qatari flag, ships owned or operated by a Qatari company or individual, and ships carrying cargo to or from Qatar. As Members and clients trading in the Middle East will be aware, a number of countries in the Gulf region have cut diplomatic ties with the State of Qatar. Although we do not have a complete overview as to all the legal and practical implications of this ...

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MAIB releases ZARGA snap back fatality report

The UK’s Marine Accident Investigation Branch (MAIB) has released a report into the causes of a fatal mooring accident onboard Zarga, an LNG tanker, at South Hook LNG Terminal, Milford Haven in 2015. A deck officer serving as the officer in charge of the fo’castle was struck and killed by a mooring line when it parted and violently snapped back. The unpredictable manner in which the line snapped back should serve as a valuable lesson in the hazards posed by mooring operations. The MAIB’s report indicates that when the line ...

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Cuba Sanctions – New Policy From President Trump

In a recent speech President Trump stated that the relaxation in sanctions against Cuba introduced by President Obama would be “completely reversed”, calling the Obama relaxation a “completely one-sided deal”. In practice however the repeal is limited and impacts mainly on the ability of US persons to travel to Cuba and trade with the Cuban military. As a helpful Client Alert from the Club’s US attorneys Freehill Hogan & Mahar makes clear, the impact on maritime trade looks to be limited and – crucially – there are as yet no ...

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Leading P&I insurance provider renews its support of Sailors’ Society’s Wellness at Sea programme for a further year

The UK P&I Club has confirmed its commitment to making a positive impact on seafarer welfare by extending its support of Sailors’ Society’s Emotional Wellness module. One of five sections in the global maritime charity’s Wellness at Sea coaching programme, the Emotional Wellness training aims to improve emotional well-being through early identification of mental health issues and to enable seafarers to handle challenging situations at sea. Well-being of crew is a priority for UK P&I Club, who recently revealed that a career seafaring is the second most at risk of ...

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EU project to combat cargo crime

The European Commission’s Directorate-General for Mobility and Transport (DG MOVE) has tasked the Cross-Border Research Association, in cooperation with the Transported Asset Protection Association (TAPA) EMEA, to develop a set of operational guidelines to combat cargo theft and terrorism on European roads. The toolkit will consist of several sections looking at different angles related to security; for example, the truck drivers themselves; the transport security management for cargo owners, shippers, and carriers; and crime areas and typical modus operandi. A first draft of the guidelines for truck drivers was made ...

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