BRITANNIA P&I OPENS A BRANCH OFFICE IN COPENHAGEN

 

On 1 January 2020, Britannia P&I’s Exclusive Correspondent in Denmark (B Denmark P&I), will become a full branch office and be renamed TR(B) Denmark.

The new branch office will continue to be headed by Mr. Michael Boje-Larsen, a lawyer with considerable experience in maritime law, including P&I and FD&D cover. Michael is supported by Rishi Choudhury, an Associate Director of Britannia P&I, a FD&D specialist who has been working with the Club since 2006.  Further expansion of the team is planned for early 2020.

Denmark is an important market for Britannia P&I and accounts for approximately 16% of its entered tonnage. Having a full branch office in Copenhagen further enhances service delivery to its Members whilst enabling the Club to consider other business opportunities in the region.

Read more

NEW HEAD FOR BRITANNIA’S GREEK OFFICE

Britannia P&I Club is delighted to announce that KONSTANTINOS SAMARITIS will be taking over as head of its office in Greece with effect from 1 January 2020.

Konstantinos is a qualified Greek lawyer and accredited mediator. He joined Britannia’s Managers, Tindall Riley, in 2018, having previously worked in both Standard and Skuld’s Greek operations for ten years. Konstantinos has also worked for a US listed shipowner and at a local law firm.

“This is exciting news” says Britannia CEO ANDREW CUTLER “and I am pleased that our team in Piraeus will be headed up by Konstantinos, who has studied and worked in Greece for his whole career.  The Greek market is very important to us and we believe that with Konstantinos at the helm we will continue to grow and develop relationships with our local Members”.

Konstantinos takes over from David Harley, who is leaving Britannia with the Club’s best wishes after twenty years’ service.

Konstantinos will continue to work with the local team, which includes Denise Dellow, Vasilios Kakamoukas and Penelope Foka together with the continued support from the claims and underwriting teams based in Britannia’s London office.

 

ICS Looks to the Future with New ISM Guidelines 

In response to today’s increasingly complex operating environment, the International Chamber of Shipping (ICS) has launched a completely new edition of its Guidelines on the Application of the IMO International Safety Management (ISM) Code, originally published in 1993 with over 50,000 copies sold worldwide

The ISM Code is a key mandatory requirement for merchant ships, critical to continuous improvement of maritime safety and environmental performance.
An expert ICS panel drawn from shipowners and shipmanagers across a variety of sectors, and with considerable experience of working with ISM, has created up to date guidelines which look forward to the future, balancing the need to implement Safety Management Systems (SMS) that further improve safety with helping the crew to do its job efficiently.

Mark Rawson, ICS Expert Group Lead says: “What emerged within ICS was a strong enthusiasm to make radical changes to the previous guidelines.   The view from ship operators was that we should be looking at how we can simplify understanding of the ISM Code and the application of its requirements. Read more

Korea P&I and Britannia P&I Collaborate

On 5 December 2019 The Britannia Steam Ship Insurance Association Limited (Britannia P&I) and The Korea Shipowners’ Mutual Protection and Indemnity Association (KPIA) established a new collaboration agreement, Korea-Britannia P&I Collaboration ‘KBC’.

This new facility, which is exclusively available to Korean shipowners and operators, will provide cover on a mutual basis excess of a primary USD500,000 layer insured by KP&I.

Britannia P&I, trusted since 1855, has 114m gt of mutual tonnage from over 240 members across 30 countries.  In August 2019, S&P re-confirmed Britannia P&I’s A (Stable) rating with financial strength above the AAA level and ‘exceptional’ liquidity.

KP&I is a P&I Club established subject to Korea’s Shipowners Mutual Protection and Indemnity Insurance Act 2000. Rated A- (Excellent) by A.M Best, KP&I has a membership of 22.6m gt and 253 members.

Shipowners with vessels entered in KBC will become members of both Britannia P&I and KP&I.  KP&I will market the facility and handle claims within their primary USD500,000 layer while Britannia P&I will assume responsibility for handling any larger or complex claims with a potential to exceed the primary layer. Britannia P&I will also issue all compulsory certificates thereby guaranteeing compliance international maritime conventions.

Read more

Seagull & Videotel announce leadership appointments

Industry veteran Manish Singh joins leading maritime knowledge services group as CEO, with Roger Ringstad assuming role of Executive Chairman.

Acquired by Oakley Capital in May 2019, Seagull and Videotel collectively serve over 20,000 ships and marine installations globally, helping develop proficiencies for about a million seafarers across international maritime pools and tonnage types. Between them, these businesses have an unmatched pedigree and diverse experience in maritime learning, competence development and compliance over four decades.

Commenting on the appointments and the vision for the Group, Roger Ringstad said:

“Enhancing safety and efficiency at sea through knowledge and awareness, is at the heart of what we deliver. We want to enter into closer partnerships with our customers and users introducing state of the art technology and developing proficiencies, at sea and ashore.

We are delighted to welcome Manish Singh as CEO of Seagull and Videotel. His appointment adds to our maritime expertise, passion for safety and industry thought leadership. He will focus on developing closer relationships with our clients and will lead on our investments to further to enrich our content, transform our user experience and introduce further digitally enabled solutions.”

Read more

FMT and Indian Register of Shipping sign MOU on strategic cooperation

Target Collaborative Development of Advanced Bulk Carrier Designs

Further Marine Technology Co. Ltd., (FMT) and Indian Register of Shipping (IRClass) have signed a MOU on strategic cooperation. By combining the two companies’ knowledge and networks, FMT and IRClass are targeting development of the latest generation of bulk carrier designs to expand the business in the South East Asian market.

This development will take an outset in the successful 8,000 DWT Mini Bulk Carrier designed by FMT and classed by IRClass in 2018 – 2019 for an Indian steel and infrastructure giant. By combining the available development capability in FMT and IRClass, the two partners aim to create designs offering higher performance.

 

Read more

INDIAN REGISTER OF SHIPPING AND SHIPPARTS.COM INK COOPERATION AGREEMENT TO PROMOTE INDIAN EQUIPMENT SUPPLIERS

The Indian Register of Shipping (IRClass) and ShipParts.com have signed a cooperation agreement to develop mutually beneficial business opportunities across the Indian and international maritime industries.

Under the cooperation agreement, signed today in Pudong, Shanghai, during the Marintec 2019 trade show, IRClass will certify the Indian equipment suppliers and manufacturers that use the ShipParts.com e-procurement platform and provide third party verification of products transacted on the site.

ShipParts.com will establish an “IRClass Pavilion” on the platform to provide certified Indian suppliers with an established digital route to international maritime markets. It will also be authorised to introduce IRClass services to both China and international manufacturers looking to access the sub-continent’s maritime sector.

H V Ramesh, Sr. Principal Surveyor & Vice President, IRClass said: “The agreement we have signed today with one of the world’s leading maritime e-commerce platforms marks a new chapter of cooperation that is underpinned by our common business values and digital growth aspirations.”

The Indian maritime sector has strong growth potential and the government has taken several initiatives to boost the maritime industry.

Roy Yap, Chief Growth Officer (CGO), ShipParts.com, said: “India has long been an integral part of the international maritime industry, providing the sector with shipbuilding and repair capacity, quality equipment and services, and professional seafarers and maritime executives. Poised for growth, ShipParts.com is pleased to provide another digital channel for Indian manufacturers and service providers to the world stage with IRClass certification and verification.”