P&I Clubs

The Swedish Club has released a set of guidelines covering the most common issues with bills of lading. The guidelines have been written in response to requests from operators asking for further support in dealing with some of the practical and theoretical aspects of bills of lading.

Despite their seeming simplicity, a bill of lading is still a contract, and the reality is that whilst there is a lot of information available, it is not always easy to find. Part of the issue is that much of the available advice is found in legal textbooks, which may reach a restricted audience the Club said. Continue reading “Swedish Club guidelines for bills of lading published”

North P&I and Standard Club have entered formal discussions for a proposed merger to create a new global marine insurer and one of the largest providers of mutual cover in the maritime industries. With 300 years of shared P&I heritage, the combined mutual insurer would provide cover for vessels equivalent to 400M GT.

Combination would establish a global marine insurer positioned to thrive in the face of current and emerging challenges and opportunities posed Continue reading “Merger plans announced by North P&I and Standard Club to create new global marine insurer”

The American Club has warned operators to be vigilant in light of a number of recent claims arising from damage caused by water originating from cargo hold bilge systems.

Specifically, the American Club says:

– Debris lodges in the non-return valves fitted in the hold bilge pumping systems, preventing them from operating as designed to ensure that water cannot flow back via the bilge line, into the hold bilge wells and thereafter into the cargo hold;
– Manually operated valves in the interconnected bilge, ballast and fire lines are left open following Continue reading “Cargo claims from damage due to water originating from cargo hold bilge systems”