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Articles for December 2005
Ships’ piping – the hidden threat
Eric Murdoch of the Standard Club, co-author of a recently published Master’s Guide to ships’ piping, discusses some of the issues he encountered while working on the publication.
Reflectionism & Predictionism whatever next?
Dr Phil Anderson, an international expert on the ISM Code and a qualified Class One Master Mariner who spent 25 years working within P&I and who now runs his own specialist ISM consultancy company ConsultISM Ltd, looks at the latest news on the ISM Code. He is also president of The Nautical Institute, the international professional body for ships’ captains and others in control of seagoing craft.
Stormy times
Below, we summarise a new P&I Special Market Report by Benfield Corporate Risk.
Termination of a time charter
Michael Bundock, a professional support lawyer in the shipping litigation department at Stephenson Harwood, reviews some of the most interesting legal cases of 2005.
Maritime risk
Legislative changes signal hard times for small lines facing consolidation and tough new rules on pollution including individual criminal liability. Robert Driver and Ian Giles, solicitors in Norton Rose’s shipping group, report.
The captive’s hour has come?
Lee Tricker, a director at Thomas Miller Risk Management (UK) Ltd, looks at the impact of the recent hurricanes on companies’ attitude to risk.
Mid-term review
After summing up the general increases, Stephen Hawke, executive director of Aon Marine and chairman of Aon PLF, has given this report on the P&I market as a whole.
General increase round-up
Below is a reproduction of a bulletin from brokers Aon which lists the general increases made by P&I clubs in the past couple of months, together with a comment from Aon.
Carrying coals
Karl Lumbers, loss prevention director at Thomas Miller managers of the UK P&I Club, warns of the dangers of carrying coal.