Auf Kurs - Summer 2012 issue

Back on course

Welcome once more to Auf Kurs, our newsletter for German Members of the UK Club.


Key content

I hope you will find the second edition of 'Auf Kurs' interesting and informative. For those of you who missed our seminar in Hamburg in June, we have reports on both the financial presentation given by Hugo Wynn-Williams and Karl Lumbers' in depth explanation of the innovative "Bow Tie" system. This loss prevention system is a real step forward in risk management for ship operators. It provides a focus on where any investment in loss prevention should be directed for maximum efficiency. It also provides a unique level of engagement among crews and shoreside staff.

Genevieve Holloway gives some insights on the GUARDCON contract relating to armed guards as a protection against pirates. The UK Defence Club shares with us a summary of its achievements and

issues that have impacted on Members. Underwriter, Jason Riley, gives an update on new Members and other developments this year.

Finally, we welcome Tabea Vogelsang as the 2012 Robin Travis Scholar. Two previous scholars also report on their recent experiences in London and Hamburg.

Thomas Miller Insight Course

Looking forward, the Thomas Miller Insight Course programme has just been announced. The course runs from Tuesday 2nd October to Friday 5th October this year, and is aimed at executives and managerial staff, either in the early stages of their careers or without specialist insurance and claims experience.

The key areas of marine risk and liability are reviewed including hull, P&I, FD&D, ship management, through transport liabilities, agency and war risks. By combining topical issues, such as piracy and sanctions, with coverage of more established issues in liability and insurance, Insight is also useful for those who wish to broaden or refresh their knowledge in this field.

UK Club Members receive a significant discount on the course fees which make it particularly good value. More details can be found on the Club website, or by contacting your usual UK Club team contact.

Until we see you again, may I wish you all the best for your summer break. I hope you manage to escape the decidedly English weather that has been visiting Germany recently!

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UK P&I

Date23/08/2012

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Congratulations to UK Club board member Nikolaus H Schües, who has been named the 46th President of BIMCO.

With cargo’s newfound ability to go well beyond the vessel and even the port, container lines face new liabilities. The intermodal capability means that containers transit on public highways and railroads, areas traditionally excluded from P&I cover. This new type of risk has given rise to the Through Transport Club (‘TT Club’), a specialised transport and logistics mutual covering risks complementing P&I cover. Both covers dovetail with one another through corresponding cover and exclusions during ocean transit.  

The region comprising Latin America and the Caribbean is a busy one for the UK P&I Club. Some prominent Members have a large number of tons entered with the Club and have this region as their principal place of business. Moreover, many of the Club’s entered ships frequently call at Latin American and Caribbean ports regardless of where the Member is based, which can undoubtedly be anywhere in the world.  

It's safe to say that the maritime industry's choice of fuel will be one of the most significant drivers in its efforts to decarbonise shipping