‘Green’ ship recycling products are emerging in the marine insurance market, leading to questions and sometimes confusion around which policies are needed or not, and what is already covered elsewhere. In this article, Gard’s Head of Environmental Claims, Andreas Brachel, outlines Gard’s position, adding that ‘green’ add-ons are not always worth the hype.
We are happy to announce that Gard has become a signatory to the UN Principles for Sustainable Insurance (PSI). ‘With Gard joining the PSI, the world’s largest marine insurer is making it clear that seaworthiness, insurability and sustainability go hand-in-hand’, said PSI’s Programme Leader.
Imola Szanto has chosen a different career path than most women her age: oil tankers, icebreakers, Arctic expeditions, and maritime law. As winner of last year’s Claes Isacson Scholarship, she can’t wait to see what’s next.
Gard today announced a strong 2021 P&I renewal in terms of both tonnage and pricing. Over the last 12 months, 17 million tonnes have been added, with the majority coming during the renewal period. This brings the total owners’ mutual tonnage to 246 million GT. 99.4% of existing tonnage stayed with Gard.
New P&I correspondent appointed in Algeria from 1 January 2021 covering the ports of Algiers, Annaba, Ghazaouet, Skikda and Tenes, as well as an additional correspondent appointed for the port of Bejaia.
Gard is a member of the International Group of P&I Clubs and participates in its pooling and reinsurance arrangments. In a year of unparalleled disruption as a result of COVID-19 the International Group’s pooling arrangements and the General Excess of Loss and Collective Overspill Programme (GXL programme) provide shipowners with a measure of stability and comfort as they plan and budget for 2021.
Whatever we thought might be in store for all of us this time last year, I think we can all confidently agree that the reality was completely different. It has made for an exceptionally challenging year for everyone, not least all parts of the maritime industry and our focus has been to help and support our Members and clients.
We congratulate the World Food Programme (WFP) on being awarded the Nobel Peace Prize 2020. The World Food Programme is a driving force in global efforts to prevent the use of hunger as a weapon of war and conflict around the world.
In the last three months we have seen unprecedented change across the world in the way that we live and work. The speed with which the COVID-19 pandemic spread around the world took everyone by surprise, and the ramifications of the actions taken by governments to reduce its impact and the consequences these have had on people, societies and economies everywhere have been severe.