Risk Focus: Paint


Paint is important in asset protection. It can have a profound effect on both running costs and revenue generation.

The primary role of a coating is to protect the asset from the environment it has to work in, in order to provide as long a service life as possible. Not only does corrosion affect service life, it has a real and detrimental effect on costs to the asset owner in terms of service time, down time, performance levels and ultimately, asset value.

One of the biggest areas  for coating issues is found in  cargo tanks -coating problems can directly affect revenue generation.

The cargo carrying spaces on board a vessel primarily require corrosion protection.

For chemical and product tankers that require carriage of high purity cargos, coating the tanks  preserves the purity of the cargo by preventing contamination from the steel substrate. Uncoated mild steel tanks will corrode when aqueous and water containing cargoes are carried. These tanks would then be unsuitable for carrying higher purity cargoes such as methanol etc.

A good tank lining also speeds up the cleaning process during cargo sequencing.

It is well recognised that as the coating comes towards the end of its lifetime, cargoes move towards the  'dirty end' of the spectrum where coating condition is not an issue. However, these cargoes are not as valuable as the high purity ones, so the tanks need to be kept in as good a condition as possible to maintain this higher revenue.

Industry developments

Polar Shipping

Legal, navigational and environmental resources, news and updates on the development of polar shipping. Read more


US VRP Compliance

With effect from 30th January 2014 non-tank as well as tankships calling at US ports will be required to submit VRPs.  For Club and other resources to assist in compliance click here


International Environmental compliance

Environmental Compliance resource page collates material in respect of International environmental compliance issues affecting our Members. Information from the Club, Loss Prevention and external resources has been collated in one place for ease of reference.


MLC 2006

The Maritime Labour Convention enters into force in August 2013 - resources, news & advice on implementation can be found in this dedicated section.  READ MORE


International sanctions

Recent guidance & corresponding material in respect of international sanctions against various countries has been updated with respect to temporary easing of sanctions against Iran.  READ MORE


Piracy

Essential precautions and preparation against piracy, as well as additional information and resources, loss prevention advisories and useful external web links


Emergency Contacts


If you need to call our offices out of hours and at weekends, click After Office hours for a up to date list of the names of the Duty Executives and their mobile phone numbers. 

Ship Finder


This Ship Finder is updated on a daily basis. Members who need to advise the Club of updates to their recorded ships' details should advise their usual underwriting contact.