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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Insurance
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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February 21, 2019
North P&I Club has successfully concluded its 2019 renewal and, for the first time in the Club’s 159-year history, is projecting total entered tonnage to...
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February 13, 2019
On 1 January 2020 vessel owners must have made the decision to install exhaust gas scrubbers or to burn low sulphur or alternative fuels. (more…)
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January 25, 2019
The American P & I Club has recently issued a circular containing a progress report highlighting some of the latest Club metrics in regard to...
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January 23, 2019
Since 21 December 2018, the US Government has been in shutdown following the failure of Congress to agree federal funding. With no end in sight,...
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November 29, 2018
Claim payouts to shipowners using the protection and indemnity insurance cover for their Iranian oil shipping may get restricted to liabilities of up to $100...
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