Britannia announces a further USD10m Capital Distribution and no General Increase for 2019/20

At its Members’ Representative Committee and Board Meetings on 16 October in Hamburg, Britannia P&I Club announced that for 2019/20 there would be no General Increase to its advance call for P&I Members. In addition, Britannia continues to set its release calls for open policy years at nil.

A further USD10m capital distribution was also announced to P&I mutual Members based on premium for ships on risk at midnight BST 16 October 2018.

Likewise, there will be no General Increase for 2019/20 to its advance call on FD&D. To further support its FD&D Members, from 2019/20 Britannia will cap at USD150,000 individual Members’ one-third contribution towards the cost of any FD&D claim.

“Britannia’s strong capital position means that, since October 2016, we have been able to return USD75m in deferred call waivers and capital distributions to Members, while seeking no General Increase in P&I for the past three years or FD&D for the past five years,” said Nigel Palmer OBE, Chairman of Britannia.

“In the same period, we have enhanced our service offering in Asia whilst establishing a presence in Greece and Denmark. This underlines the Club’s commitment to its Members by continuing to provide the highest quality service.”

“Standard & Poor’s have recently reconfirmed Britannia’s strong financial performance and positive capital position with an A (stable) rating. Prudent yet proactive financial management by the Managers has enabled both Members and the Association to benefit from positive returns” said Jo Rodgers, CFO of Tindall Riley (Britannia) Limited.

 

Seafarers’ Mental Health is Focus of New Training Programme Offered Free to Mariners Worldwide

KVH Videotel introduced a new training package, “Seafarers Mental Health and Wellbeing,” yesterday during the 5th Annual International Shipowning & Shipmanagement Summit in London, and announced that the package will be available free of charge throughout the industry due to the critical importance of the topic. The programme was produced in association with the International Seafarers Welfare and Assistance Network (ISWAN) and comprises a short video, facilitator notes, and information booklets from ISWAN on mental health issues at sea. To obtain “Seafarers Mental Health and Wellbeing,” please visit videotel.com/seafarerwellbeing.

“Seafarers face unique working conditions which can put them under tremendous stress, with fewer opportunities for relief than they would be likely to find on land,” says Mark Woodhead, KVH senior vice president for EMEA. “This programme not only presents information from industry experts but also lets seafarers themselves tell their own story in interviews and short statements, describing the path to achieving happiness.”

If left unaddressed, seafarer’s stress can result in danger to one’s self by way of lowered morale, increased human error, lifestyle illnesses, decreased productivity, burnout, and mental health issues. “Seafarers Mental Health and Wellbeing” focuses on what seafarers can do to cope with the challenges but also to take advantage of the many opportunities onboard. It underlines the importance of rest, diet, team activities, and maintaining good relationships. Talking to a trusted person onboard ship may help, and there is also help available outside the ship such as the 24/7 multilingual helpline and chat service at SeafarerHelp.org, as well as the work of port-based organisations such as Mission to Seafarers.

ISWAN’s brochures are being distributed as part of this training package, available as downloads from the dedicated KVH Videotel website. In addition, KVH Videotel is providing brief facilitator notes to assist those who will use this programme to run training sessions on vessels.

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ICS Publishes New Edition of Industry Guidance on Garbage Management Plans

The International Chamber of Shipping (ICS) has recently published a new edition of its ‘Guidance for the Preparation and Implementation of Garbage Management Plans as Required by MARPOL Annex V’. This second edition is intended to help shipping companies comply with the latest requirements of the IMO regulation regarding treatment and disposal of garbage from ships.

ICS Deputy Secretary General, Simon Bennett said:

“Following the entry into force of some important amendments to MARPOL Annex V in 2017 and 2018 respectively, it is essential to provide updated advice to shipping companies on the latest requirements for ships to prepare and implement Garbage Management Plans.”

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Britannia Announces Team for Greek Office Opening

Britannia has finalised its Greek office opening plans by announcing the team that has recently taken up residence in Piraeus, Greece.

The office will be tasked with enhancing service delivery to its Greek members and is part of an ongoing expansion of the Club’s regional hub network that will also shortly see the opening of an office in Singapore in addition to the upgrading of its presence in Japan and Hong Kong, as well as the recent opening of an exclusive Correspondent in Copenhagen.

The Greek office, located in the iconic Ionian Building off Akti Miaouli, will be headed by David Harley who recently returned to the London office having established and worked for over 5 years as head of Britannia, Hong Kong.

David has extensive P&I and FD&D claims handling experience and will be assisted by newly appointed Konstantinos Samaritis, who joins from a leading Greek shipowner, having previously worked for both Standard and Skuld Clubs’ Greek operations.

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