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AMERICAN CLUB AND EAGLE OCEAN MARINE ISSUE VIDEO HONORING SEAFARERS

“Weathering the Storm” salutes heroes of the sea in turbulent times

NEW YORK, MAY 20, 2020:  The American Club and Eagle Ocean Marine (EOM) have produced a video entitled ‘Weathering the Storm’ which salutes the service of seafarers in these turbulent times as they seek to protect themselves in their vital work, at sea and in port, against the ravages of COVID-19.

The video can be accessed here: https://www.youtube.com/watch?v=MVTBZ0v1w4Q

Joseph E.M. Hughes, Chairman & CEO Shipowners Claims Bureau, Inc., Managers for the American Club said:

“As seafarers labor in their essential role of enabling global trade, they must now confront the perils of the present pandemic, such as isolation, with the same composure as that with which they traditionally confront the perils of the sea.

In this presentation we honor these heroes of the sea as they weather the storm during the COVID-19 crisis and continue with the vital role they play on the frontlines of the global economy.”

The Club is providing constantly up-dated advice to its Members and those insured by EOM on issues related to the COVID-19 pandemic.  This addresses a variety of concerns that owners have expressed including the welfare and protection of their workforce.  The dedicated webpage can be accessed here  https://www.american-club.com/page/COVID-19

The video has been compiled with the generous cooperation of crews currently serving on vessels owned by Members of the Club, those insured by EOM and other business partners.  A roll call of these organisations can be found below

Notes to Editors

The American Club

American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club) was established in New York in 1917. It is the only mutual Protection and Indemnity Club domiciled in the entire Americas and its headquarters are in New York, USA.

The American Club has been successful in recent years in building on its US heritage to create a truly international insurer with a global reach second-to-none in the industry. Day to day management of the American Club is provided by Shipowners Claims Bureau, Inc. also headquartered in New York.

The Club is able to provide local service for its members across all time zones, communicating in eleven languages, and has subsidiary offices located in London, Piraeus, Hong Kong, Shanghai and Houston, plus a worldwide network of correspondents.

The Club is a member of the International Group of P&I Clubs, a collective of thirteen mutuals which together provide Protection and Indemnity insurance for some 90% of all world shipping.

The American Club also operates a fixed premium facility, Eagle Ocean Marine (EOM), aimed at the operators of smaller vessels in local and regional trades.  Since it commenced underwriting in 2011 with its coventurers at Lloyd’s, EOM has enjoyed considerable success in building a growing footprint in this specialist market and generating strong profitability for both the Club and its co-insuring partners.

American Hellenic Hull Insurance Company, Ltd. (AHHIC) is a wholly-owned, Solvency-II accredited hull and war risk subsidiary of the Club, based in Cyprus.  Since it began operating in mid-2016, AHHIC has enjoyed an increasing market presence coupled with growing premium volume and rising profitability.

For more information, please visit the Club’s website http://www.american-club.com/

With thanks to the following for their cooperation: Andrew Moore & Associates ; Beacon Marine ; China Communication Construction Co. Ltd ; Concord Marine ; Constellation Marine Services ; Denmarex ; Eurotankers Inc. ; Evdemon & Partners ; Henderson International Group ; Highend Maritime Consultant ; IMCS Med; K’s Associates ; Kozen Marine Survey ; Meratus Advance Maritim ; National Survey Joint-Stock Company ; New Legend International Marine Co., Ltd ; New Legend International Marine Co., Ltd ; Orient Marine Services ; Patriot Contract Services, LLC ; Patriot Contract Services, LLC ; Protis Surveys ; Quest Marine Services ; Sealift Inc; Seamen’s Church Institute ; Waruna Nusa Sentana ; Wei Xu Investment Holdings Ltd ; Winson Group