January 10, 2020
Even as the United States and Iran appear to signal a keenness to avoid further conflict, oil and gas shipowners are bracing to pay a...
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Insurance
January 6, 2020
The risk to shipping in one of the world’s key oil-producing regions is set to rise following a U.S. airstrike in Iraq that killed a...
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December 12, 2019
Stuart Edmonston, Loss Prevention Director at UK P&I Club, looks at what IMO 2020 and increased automation mean for the maritime sector in 2020 (more…)
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December 10, 2019
The Board of The Swedish Club has announced a 5% General Increase, for P&I in 2020, reflecting the balanced approach adopted by the Club to...
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November 29, 2019
Stuart Edmonston, Loss Prevention Director at UK P&I Club, discusses a poorly planned bunkering operation, which led to a bunker spill, and advises on the...
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November 20, 2019
Directors of North P&I Club have decided to set a general increase of 7.5% on P&I and FD&D premiums for the 2020/21 Policy Year. (more…)
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June 26, 2019
Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after it jettisoned sections of its...
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June 14, 2019
The cost of insuring tankers to ship Middle East crude looks set to jump after a second spate of attacks on vessels in the region...
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June 3, 2019
Shipping and maritime insurers have already started charging war risk premiums in the waters around the Middle East bunkering hub of Fujairah after the insurance...
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April 29, 2019
Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. (more…)
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April 19, 2019
North P&I Club has updated its guidance on the 2020 Sulphur Cap for Members, helping them prepare for the big switch to compliance on 1...
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March 27, 2019
The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, confirmed it has won approval from the...
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March 19, 2019
Leading ratings agency S&P Global Ratings (formerly Standard and Poor’s) has confirmed the North of England P&I Club’s ‘A’ financial strength rating and stable outlook...
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March 5, 2019
The American Club experienced a very positive outcome to the recently-concluded 2019 P&I renewal season. The Club’s mutual P&I and FD&D business saw increases in...
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February 25, 2019
The UK P&I Club, one of the leading shipping protection and indemnity mutual insurers, announced its renewal results for 2019 (more…)
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