The UK P&I Club is a marine mutual liability insurer in the United Kingdom providing P&I insurance for the global shipping industry.[1][2][3] The UK P&I Club is one of the 12 members of the International Group of P&I Clubs.[4] The club is one of the largest of the global P&I Clubs and in 2002 covered more than 100 million tons across 6,000 ships.[5] In 2019, the Club provided insurance for over 144 million gross tons of merchant shipping.[6]
History edit
The UK P&I Club was founded as the United Kingdom Mutual Steam Ship Assurance Association.[7] In 1886, Thomas Miller, took over the management of the club and the company Thomas Miller still manages the UK P&I Club as of 2023.[8][9][10]
In 2018, the insurer began the process of setting up a subsidiary in Rotterdam as a result of the Brexit.[10]
The club is responsible for the Protection and Indemnity (third party) liabilities insurance coverage for the container ship Ever Given that grounded and blocked the Suez Canal in 2021.[11][12] The club was responsible for reaching an agreement regarding costs with the Suez Canal Authority to allow the vessel to sail in June 2021.[4][13]
Publications edit
Together with Witherbys, the UK P&I Club publishes the marine reference book Carefully to Carry, which contains guidance on the safe carriage, loading and storage of cargo on cargo ships.[14][3]
The club also provide a series of risk awareness guides for the maritime industry covering different ship types.[15]
In September 2021, with CAE and Witherbys, the club launched a safety publication entitled Maritime Team Dynamics, a safety book comparing aviation and maritime incidents.[16][17]
References edit
- ^ Semark, David (2013). P&I Clubs: Law and Practice. Taylor & Francis. ISBN 9781135117757.
- ^ "UK P&I Club overhauls global claims leadership following review". Intelligent Insurer. Retrieved 10 July 2021.
- ^ a b "UK P&I CLUB RELEASES UPDATED VERSION OF ITS CAREFULLY TO CARRY PUBLICATION". Dry Cargo International Magazine. Retrieved 10 July 2021.
- ^ a b "UK P&I Club agrees settlement with Suez Canal Authority over Ever Given incident". The Insurer. Retrieved 10 July 2021.
- ^ Ornitz, B (2002). Oil Spills First Principles Prevention and Best Response. Elsevier Science. p. 171. ISBN 9780080537962.
- ^ "UK P&I Club posts tonnage increase". Insurance Business Mag. Retrieved 10 July 2021.
- ^ "History". UK P&I Club. Retrieved 10 July 2021.
- ^ Coughlin, Terence (1991). "Shipowners' Liabilities Fifty Years On". Journal of Maritime Law and Commerce. 22 (3): 415–320.
- ^ "UK P&I Club". Thomas Miller. Retrieved 10 July 2021.
- ^ a b "Ship insurer UK P&I Club opts for Rotterdam as hub due to Brexit". Reuters. Retrieved 10 July 2021.
- ^ ""Ever Given" grounding in Suez Canal" (Press release). UK P&I. Archived from the original on 29 March 2021. Retrieved 27 March 2021.
- ^ "From bamboo to barbecues: the cargo caught up in Ever Given legal battle". The Guardian. Retrieved 10 July 2021.
- ^ "UK P&I Club and Suez Canal Authority reach deal to release Ever Given vessel". Insurance Times. Retrieved 10 July 2021.
- ^ Carefully to Carry. UK P&I Club. 2018. ISBN 9781856097376.
- ^ "UK P&I Club launches Risk Awareness Guide series". The Loadstar. Retrieved 10 July 2021.
- ^ "UK P&I Club launches safety book in conjunction with CAE". Hellenic Shipping News. Retrieved 26 September 2021.
- ^ "New Book Compares Aviation and Maritime Safety and How to Avoid Incidents". Handy Shipping Guide. Retrieved 26 September 2021.