TT Club’s analysis of 2020 claims points to an increase in impact related incidents, with corrosion of tank containers’ inner surface and contamination caused by cargoes previously carried as significant other causes of loss.
The analysis makes clear that the effects of increased volumes of tank containers used to trade chemicals and other liquids on the primary east-west trades have altered, to a degree, the risk profile of damage to such units. While in previous years there has been a consistent dominance of contamination as the major source of losses for tank container operators, the current figures show impact incidents as the foremost causation. Continue reading “Corrosion of tank containers’ inner surface now the main cause of claims says TT Club”
For their mutual members, Gard P&I Club covers the cost of pre-load steel surveys (after any contribution from charterers). Only finished steel cargos justify the costs. In this short article, the Club highlights the type of cargo that is covered by the pre-load recommendation.
Mark Dunbar, Surveys Manager at West P&I Club, has highlighted practical aspects on the carriage of containers onboard dry bulk vessels. And as he says, individual cases will vary widely so the following should not be taken as exhaustive, but as an aide memoire for the major factors that need to be considered and addressed.
– Bridge visibility needs to meet SOLAS requirements.
– Vessel stability including bending moments and shear forces to be verified as within limits.
– Container stacking weights – check CSC plate for maximum allowable – US 53 foot containers are usually significantlylower than standard ISO containers.
– Strength of tanktop/hatch covers/deck plating – remember all the weight of a container is distributed Continue reading “Practical aspects of the carriage of containers on dry bulk vessels”
With the publication of the first Britannia sustainability report, the P&I Club is defining the starting position of its sustainability initiative and roadmap for the future. The report outlines how Britannia P&I is embedding the management of climate related risk into its business strategy and integrating sustainability into its core processes.
Climate change represents a material financial risk to all regulated firms and the financial system. Britannia P&I, as an insurer, is equally exposed to this risk. However, sustainability encompasses not only climate change but also informs a company’s overall approach to improving corporate social behaviour and demands sound corporate governance. The Britannia sustainability report seeks to apply environmental, social and governance (ESG) concepts to all the strategic choices and operations of the Club. Continue reading “Britannia sustainability report published for the first time”
For centuries the great port cities analysed in the recent Xinhua-Baltic International Shipping Centre Development Index report were built on the confluence of trade, people and ideas. Centred around ships and the presence of their owners, managers and charterers, maritime clusters steadily grew across Europe, Asia and the Americas. A combination of talent, time-zone, geography, expertise and government policies has helped locations such as Singapore, London and Shanghai thrive. Successful clusters combine the experience and size of established companies with the energy and drive of smaller and start-up firms. Collectively they have consistently delivered innovation, jobs and tax receipts.
As part of its recently launched casebook series giving safety lessons learned from maritime incidents, the Swedish Club describes a case of multiple explosions onboard a bulk carrier caused by cargo fumigation. A bulk carrier had loaded yellow corn in all cargo holds up to the hatch coamings. After the loading was complete fumigation technicians came onboard and fumigated the cargo with fumitoxin pellets. As per the cargo documentation, the fumigation pellets were required to be applied subsurface.