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New Managing Director at DACHSER Ireland

John van den Berg has taken over as Managing Director of DACHSER Ireland since the beginning of this year. He succeeds Albert Johnston, who is retiring.

John van den Berg , Managing Director of DACHSER Ireland

Mr. Van den Berg has been with DACHSER since 2006, joining the Irish country organisation in July 2019. The 49-year-old from the Netherlands began his DACHSER career in Waddinxveen near Rotterdam, where he served as Head of Customer Service and Controlling. In 2011, Mr. Van den Berg transferred to the Zevenaar branch, located on the German-Dutch border, and assumed responsibility of that branch in 2013. 

As part of an intensive induction phase, Mr. van den Berg played a pivotal role during the final integration and rebranding stages as Johnston Logistics became DACHSER Ireland. DACHSER acquired the Irish logistics provider in 2017.

Successful integration into the DACHSER network

Johnston Logistics was founded by brothers Albert and Ivan Johnston in 1979, and within 30 years had established itself as one of Ireland’s leading logistics providers. Following acquisition by DACHSER in 2017, Albert Johnston stayed on as Managing Director and was responsible for successfully integrating the company into the DACHSER network. 

DACHSER Ireland employs 175 people at three locations: Cork, Limerick and its Head Office in Dublin. In 2018, it recorded annual revenue of EUR 23.1 million. In addition to groupage, Johnston Logistics specialised in dangerous goods transportation and warehousing services for their customers in the chemical, pharmaceutical, hardware, plastics and packaging industries.

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Dachser announces Executive Board for the future

The future Executive Board team, to be headed by Burkhard Eling, takes over on January 1, 2021; Bernhard Simon and Michael Schilling will join the Supervisory Board in 2021

Kempten, March 27, 2020 – After 31 years of close cooperation in operational management positions at Dachser, CEO Bernhard Simon and his deputy Michael Schilling, COO Road Logistics, will join the logistics provider’s Supervisory Board in 2021, with Bernhard Simon becoming its chairperson. Burkhard Eling, who joined the Dachser Executive Board as CFO in 2013, will become the new CEO of the family-owned company on January 1, 2021.

The Dachser Executive Board as of January 1, 2021
(l-r)  Alexander Tonn; Michael Schilling; Burkhard Eling; Bernhard Simon;
Edoardo Podestà; Stefan Hohm

“At the end of 2020, Michael Schilling and I will pass on our responsibility on the Executive Board to the next generation of management. This joint move, which has been in the planning for a long time, will create new impetus for the company’s future,” explains Bernhard Simon, CEO of Dachser. “The coronavirus crisis is certainly a great challenge for the entire management team, but it does not call our long-term strategy into question. What’s important now is to pass the company on to a new generation, starting at the top. We are convinced that we can steer Dachser well through the coming months. By keeping our own network stable and the supply chains running, we will continue to serve our customers with reliability and quality.”

New Executive Unit: IT & Development

Also on January 1, 2021, Stefan Hohm will assume responsibility as Chief Development Officer (CDO) for the new IT & Development executive unit, which deals with research and development, innovation topics, IT, contract logistics, and global industry solutions. Alexander Tonn will join Dachser’s Executive Board as COO Road Logistics. The position of CFO will be filled by then as well. Finally, Edoardo Podestà will remain on the Executive Board as COO Air & Sea Logistics.

“Burkhard Eling, Stefan Hohm, and Alexander Tonn have proven themselves over many years in positions of responsibility within the company and have played a decisive role in shaping Dachser’s development during that time,” Simon continues. “Together with Edoardo Podestà and our future CFO, they will form a management team starting in 2021 that will dynamically address the central topics of the next decade: digitalization combined with customer proximity, sustainability, and the lack of qualified personnel.”

Burkhard Eling will assume the position of CEO (Chief Executive Officer) and Spokesperson of the Executive Board on January 1, 2021. The 48-year-old joined Dachser’s Executive Board as CFO in 2013. He was responsible for the worldwide implementation of the SAP system and shaped the company’s transition to the legal form of an SE. He also managed the company-wide strategic innovation program Idea2net. Together with Michael Schilling and Bernhard Simon, he orchestrated the post-merger integration of the Iberian logistics provider Azkar (now Dachser Iberia).

Stefan Hohm will head a newly created Executive Unit, IT & Development, as CDO (Chief Development Officer) starting on January 1, 2021. An experienced manager who has been with the company for 27 years, he will be responsible not just for research and development topics but also for the further development of IT, contract logistics, and the global industry solutions business. The 47-year-old started his career in contract logistics at Dachser before taking over management of the branches in Erfurt and Hof, Germany. As Corporate Director since 2016, he has been responsible for the logistics service provider’s research and development work as well as its solutions business.

Alexander Tonn will assume the position of COO Road Logistics on January 1, 2021, with responsibility for the business development of the European Logistics and Food Logistics business lines. The 46-year-old has been with the company for over 20 years. Following his first management duties as deputy branch manager in Memmingen, Tonn moved to Dachser Head Office in 2014, where he was responsible for the international development of contract logistics. Since 2017 he has also led the European Logistics Germany business unit; he will continue in this role after his appointment as COO Road Logistics. Alfred Miller will retain his role as Managing Director of the Food Logistics business unit.

The future management team will be completed by Edoardo Podestà, who has been a member of the Dachser Executive Board since October 2019 as COO Air & Sea Logistics. Podestà is responsible for the global air and sea freight business as well as the rail services business between Europe and China, and he also heads the ASL Asia Pacific business unit.

Solid foundations on which to build the future

Bernhard Simon has been a member of the Dachser Executive Board since 1999, and has headed the family-owned company as the shareholders’ representative since 2005. The company’s strong growth and its internationalization are due in large part to Simon’s efforts. Under his leadership, Dachser has developed into one of the most renowned logistics providers in Europe and worldwide.

Michael Schilling joined the Dachser Executive Board in 2002; since then, he has built up one of the best-performing Europe-wide groupage networks. With these achievements, he has been and remains the driving force and pacesetter for sustainable growth with cross-border transport and contract logistics services. The standardized processes, IT systems, and IT platforms developed under his leadership form the basis for the high level of quality and reliability that distinguishes Dachser in the logistics market.


Brief overview:

The Dachser Executive Board as of January 1, 2021

Burkhard Eling, CEO and Chairman of the Executive Board

Stefan Hohm, CDO

Edoardo Podestà, COO Air & Sea Logistics

Alexander Tonn, COO Road Logistics

N.N., CFO

About Dachser:

A family-owned company headquartered in Kempten, Germany, Dachser offers transport logistics, warehousing, and customer-specific services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract logistics services and industry-specific solutions round out the company’s range. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.

Thanks to some 30,600 employees at 399 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 5.6 billion in 2018. That same year, the logistics provider handled a total of 83.7 million shipments weighing 41.3 million metric tons. Country organizations represent Dachser in 44 countries.

For more information about Dachser, please visit www.dachser.com

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GEODIS Supports Improved Diversity in Logistics

In an industry which most would characterize as lacking women representation, GEODIS, the leader in global logistics, wants to prove that diversity and inclusion is key to delivering innovative solutions. With the program it is conducting in the Asia Pacific region, GEODIS enables women to open the door on the world of logistics wider than ever before.

The recently celebrated International Women’s Day drew additional focus to the issue of gender equality.  The IWD slogan, ‘An Equal World Is An Enabled World’ encapsulates the thrust of the on-going campaign, which fits perfectly with key elements of GEODIS’ culture. 

“Alignment between the aims of the IWD organization and ourselves at GEODIS lies particularly in championing a hiring process where the most appropriate person gets the role, regardless of gender, because we are focused on delivering what is best for the business and for our customers”, illustrated Anne Tan, Head of HR in APAC. 

“Additionally, we are committed to celebrating our women and men who lead others towards a more equal workplace, distinguishing GEODIS from its competition in an otherwise male dominated logistics industry.”

Onno Boots, GEODIS’ CEO for APAC reflected, “Women now constitute a third of our management board in APAC; up from zero just a little over a year ago,” he said. “It shows our commitment to diversity and inclusion. It is also strong evidence of the range of talented women who are now attracted to the world of logistics.  At our country management level across the region, 40% of the team are women.”

Logistics and the global supply chain it serves are going through a period of rapid transformation.  This time of change is challenging for an industry where the push to digitalise processes is complicated by how interconnected and cross border the global business environment now is. In this context GEODIS believes that a culture of diversity, crucially with an equal commitment to inclusivity, are key to achieving dynamism, creativity and fresh approaches to problem solving that are required to react to such a need for change. 

In terms of practical initiatives employed to advance this policy, GEODIS emphasizes education of its staff about gender neutral policies, localized provision of family care and flexible working hours. A great example is the establishment of an active GEODIS’ Women Network where women (and men) come together to learn about how diversity and inclusion create a better work environment and growth for all aspects of the business and organisation.

In addition, for the whole of March, internal initiatives took place to underscore the messages of IWD and those of GEODIS’ policies.  These included various employee activities in countries where the staff gathered to demonstrate their personal support; upholding the commitment to, and learning about the collective journey GEODIS is on to build an equal and inclusive workplace.

GEODIS – www.geodis.com 

GEODIS is a top-rated, global supply chain operator recognized for its passion and commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a direct presence in 67 countries, and a global network spanning 120 countries, translates in top business rankings, #1 in France, #4 in Europe and #7 worldwide. In 2018, GEODIS accounted for over 41,000 employees globally and generated €8.2 billion in sales.

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GEODIS establishes additional Air and Rail Services to assist customers hit by Coronavirus distribution

GEODIS has established a number of air charter services to assist customers with urgent shipments during the ongoing Coronavirus crisis. In addition, rail alternatives are being offered to/from China.

Whilst ocean freight continues to be disrupted and air cargo options severely restricted by established carriers cancelling scheduled flights, GEODIS is providing alternative means to move customers’ cargoes between China and Europe as well as on Transatlantic routes.

The first of the air charter services departed from Frankfurt (Germany) on a one-way to Shanghai on the 12th February. In order to facilitate the resurgence in westbound freight out of China, GEODIS quickly followed up on the 21st with the first round trip service departing from Liege (Belgium), again with the destination Shanghai Pudong International.  As of the 28th February weekly round trip flights were established from Frankfurt, with Shanghai departures each Tuesday.  This schedule will remain in place throughout the month of March when consideration of a further extension will be made and is being complemented by flights from Hong Kong to Europe.

GEODIS has continued with its newly introduced direct, dedicated service from Hong Kong to Guadalajara, Mexico, through March.  The next flight will depart Hong Kong on the 22nd.

GEODIS also maintains its offering of rail solutions from major cities in China. Two options are scheduled from Xi’an and Chongqing to the German destinations of Hamburg and Duisburg.  The standard services have an 18 day transit time and from Xi’an to Hamburg an express, 12-day solution is provided.  Return routings are also available.

Immediately following the decision by US authorities to close its borders to visitors from Europe and to prepare for the consequent sharp decrease in commercial cargo capacity, GEODIS established a return air charter program linking Amsterdam and Chicago on a four flights a week schedule. The first flight from Amsterdam will be on the 21st March.

Eric Martin-Neuville, GEODIS Executive Vice President of Global Freight Forwarding explains: “On the current global situation, our priority is to provide reliable and secure transport solutions to our customers to ensure connections between China, Europe and America.”

To further assist customers during this period of disruption, GEODIS is issuing a daily Advisory Bulletin on the Coronavirus Outbreak. This can be found on GEODIS’ website here.

GEODIS – www.geodis.com 

GEODIS is a top-rated, global supply chain operator recognized for its passion and commitment to helping clients overcome their logistical constraints. GEODIS’ growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport) coupled with the company’s truly global reach thanks to a direct presence in 67 countries, and a global network spanning 120 countries, translates in top business rankings, #1 in France, #4 in Europe and #7 worldwide. In 2019, GEODIS accounted for over 41,000 employees globally and generated €8.2 billion in sales.

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SAL Heavy Lift showcases its offshore capabilities with the Greater Changhua Test-Pile Project in Taiwan

Hamburg, 10 March 2020

2019 proved to be an important year for SAL Heavy Lift when it came to offshore installation projects. As a highlight the Greater Changhua Test Pile Project in the waters off Taiwan stands out – a project SAL Heavy Lift completed over 3 months together with main contractor Per Aarsleff A/S. It was a complex project whereby SAL could utilize its experience in offshore test piling to ensure a successful project. Making use of MV Lone’s large deck space and a newly installed Fly-Jib, the vessel served as the perfect DP installation platform.

It was SAL’s track record in offshore test piling for offshore wind farms that secured the Greater Changhua Test Pile Project from the Danish engineering and construction house Per Aarsleff A/S. The Greater Changhua Offshore Windfarm is an offshore wind site in the Taiwan Strait ca. 50 km off the coast of Taiwan, which is being developed by Ørsted A/S the Danish utility giant and the holder of the largest offshore wind portfolio in the world. 

SAL was subcontracted for the provision of a DP2 installation vessel, the MV Lone, and to perform pile installation and testing work as part of the pre-piling phase of the project. As the soil of the seabed on the project site had to be ensured, a test foundation was installed on designated locations around the project site. In water depths of 35 m – 40 m, six piles with a length of up to 80m were hammered into the seabed though a special Pile Guide Frame.

To realize the project, a substantial preparation phase was set in motion which turned into the largest mobilization of a vessel in the history of SAL. To be able to lift the long piles vertically, a jib extension to one of the cranes of MV Lone had to be designed, manufactured, installed and tested. This resulted in the Fly-Jib installation on crane no. 2 on Lone which provides up to 23m extra jib length.

The vessel had to be equipped with Temporary Living Quarters (TLQs) and additional lifeboats to be able to host up to 100 people that would be onboard during the project execution. To operate as an offshore installation vessel with so many people on board, MV Lone had to also change its certification from cargo vessel to become a Special Purpose Ship (SPS).

The mobilization took place in Singapore during Spring 2019, where no less than 3 additional SAL vessels supplied the necessary project equipment from both Rotterdam, Shanghai and Esbjerg to the MV Lone. This included, in addition to the Fly-Jib and TLQs, the “Pile Guide Frame” and a special “Load Beam”, both designed and manufactured by Per Aarsleff A/S as well as various purpose built testing equipment, lifting- and handling equipment, the pile driving spread, survey equipment and the ROV spread. In the project port in Taichung, Taiwan six piles were collected, before locating the vessel to the offshore site.

The full test campaign comprised two phases with the tests being performed at two locations.

During the first phase between May and July 2019, two sets of three piles, with a unit weight of up to 140t each, were installed through the Pile Guide Frame at target locations to their required depths.

After a standby period, the second phase taking place during August 2019, involved static and dynamic testing on selected piles on the seabed. These tests provided the engineers from Ørsted with the necessary data to optimize pile design for the planned wind farm.

At the end of the project phase, the installed piles had to be decommissioned from the seabed, making use of a special cutting tool and then lifted back onto the deck of MV Lone transporting them back to shore for recycling.   

With a successful execution completed Project Manager, Peter Munk, Per Aarsleff A/S stated; “The crew of Lone and the SAL Project Team did an outstanding job. We are very impressed with the performance and the results we obtained. It has been a great pleasure to work with the SAL team on this challenging project. Arguably of more importance is the HSE performance which has been excellent”.

ENDS

A video promoting this project can be viewed HERE

About SAL Heavy Lift

SAL Heavy Lift, a member of the Harren & Partner Group, is one of the world’s leading carriers specialized in sea transport of heavy lift and project cargo. The modern fleet of heavy lift vessels offers highly flexible options to customers both within project shipping as well as in offshore projects. With travel speeds of up to 20 knots, up to 3500 square metres of unobstructed main deck space and combined crane capacities ranging from 550 to 2000 tons the fleet belongs to the most advanced in the heavy lift sector.

With the Type 183 fleet, equipped with dynamic position systems and an optional mountable Fly-Jib for greater crane outreach, SAL offers offshore services to multiple sectors. With the Type 171 and 116, SAL holds a fleet of heavy lift vessels with 1A ice class, capable of trading in arctic waters and northern sea route transits. 

As a leading global company in the heavy lift and project cargo segment, SAL meets the highest standards with regard to quality, technical innovation, health, safety and environment. SAL’s latest investments in advanced hydrogen/methanol power generators, takes an industry leading step in applying green technology to its fleet. The global outreach of SAL is ensured via own sales offices and exclusive agents spread across more than 20 countries.

www.sal-heavylift.com  
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Dachser Expands Facilities in the South East

Dachser UK has opened an additional site near to its existing 2,500m2 transshipment terminal based in Dartford, Kent on February 24th.

Dartford, UK – 10 March 2020 : Dachser established its first branch office in the South East in 2005 and has now extended this capability by acquiring a fit for purpose 2,700m2  new cross-dock terminal with 25 docking stations and five-level access doors. The combination of the two sites on Crossways Business Park now enables opportunities for production and service improvements for both cross-dock activities and contract logistics.

On top of Dachser’s main import and export activities, there are many additional benefits for customers in the region including contract logistics and value-added warehousing, customs clearance and customs warehousing as well as optimising UK domestic distribution and providing a UK Gateway for North Africa, Turkey, and CIS traffic.

“This investment represents a unique development for our southern UK organisation, the Dachser European network, and all our customers,” commented Mark Rollinson, Managing Director of Dachser UK. “After 15 years of successful growth, we are now even better equipped to adapt and react to any future market challenges and maintain the service levels that our customers have come to expect.”

“By offering our customers a full range of integrated services through this new ‘Dartford Logistics Centre’ we continue to fulfill our mission to create the most intelligent combination of integrated logistical services.” Patrice Ollivier, General Manager – South of Dachser UK, concluded.

ENDS

ABOUT DACHSER UK

Dachser UK is part of the Dachser group, a major international logistics provider which on 31 December 2018 generated total sales worth EUR 5.6 billion. 30,609 staff working in 399 locations worldwide handled 83.7 million consignments comprising 41.3 million metric tonnes. Dachser has been established in the UK since 1975, and now has four locations which include a new logistics centre in Northampton as well as branch offices in Rochdale, Dartford and Bristol.

Dachser aims to be the supplier of choice for European logistics and value-added services. A fully-integrated European distribution network provides a comprehensive, high quality service of total freight solutions supported by the latest technology. Core services in the United Kingdom comprise European export, import and UK pallet distribution, as well as contract logistics, value added services and international sea and air freight forwarding. 

For more information, please visit   www.dachser.co.uk

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DACHSER celebrates long-service milestone for Rochdale employee

Rochdale – 9 March 2020  :  Staff at Dachser Rochdale were very happy to celebrate a significant milestone recently when one of its longest standing employees, Les Holdsworth, received a Certificate acknowledging 35 years’ service as an HGV (Heavy Goods Vehicle) driver.  Since joining J.A. Leach Transport Limited, Rochdale, in 1985, Les has worked as a transport driver, continuing his service with Dachser UK, after it purchased Leach in April 2010. 

Les Holdsworth receives a Certificate for 35 years’ loyal and dedicated service.
(l-r)  Gary Atkinson, Branch Manager, Dachser Rochdale; Les Holdsworth; Jon Harrington, Fleet Manager, Dachser Rochdale  

In addition during his many years of loyal service Les achieved a remarkable feat by never taking a single day’s sick leave, an accomplishment acknowledged by Gary Atkinson, Branch Manager at Dachser’s new premises on Kingsway Business Park, Rochdale.

Presenting Les with his certificate, Gary said, “We know that our employees are the company’s greatest assets, and we are delighted to honour Les’ dedicated service and extraordinary commitment. It is with pride and admiration that we congratulate him on this service anniversary milestone.”

ENDS

About Dachser:

A family-owned company headquartered in Kempten, Germany, Dachser offers transport logistics, warehousing, and customer-specific services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract logistics services and industry-specific solutions round out the company’s range. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.

Thanks to some 30,600 employees at 399 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 5.6 billion in 2018. That same year, the logistics provider handled a total of 83.7 million shipments weighing 41.3 million metric tons. Country organizations represent Dachser in 44 countries.

For more information about Dachser, please visit www.dachser.com

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Evergreen Line launches GreenX – An integrated container logistics solution platform

February 26, 2020 – In fulfilling its mission to provide the most optimized service to its customers, Evergreen Line has launched ‘GreenX’ platform. Responding to the need for greater efficiencies through digitalization, GreenX allows customers to enjoy seamless booking capabilities in addition to direct access to integrated trade services.

GreenX provides a digital portal for Evergreen customers to get instant quotes and book secured space with prioritized equipment supplied by the carrier. From the time of its soft launch last month, GreenX has received nearly two thousands of sign-ups via this one-stop digital platform, demonstrating customers’ interest in executing their bookings and trade services digitally.

The digital platform is powered by BlueX Trade, a neutral freightech supplier that has been involved in building leading ocean cargo networks, now linking the shipper community with Evergreen Line services.

GreenX benefits customers such as enterprise shippers (BCOs), NVOCCs and freight forwarders, giving them the ability to book within minutes directly with Evergreen Line; breaking the traditional rules of contract negotiation which needs to be carried out in advance with volume commitment. GreenX offers spot rates with secured space, giving customers the flexibility to make booking at the most convenient of right times.

The GreenX platform is designed to create a frictionless customer experience with greater shipping effectiveness and efficiency. With free registration, all customers are now able to utilize this one-stop digital platform anytime, anywhere. Essential information such as route searches, instant freight quotes and bookings are just a few clicks away. The limitations of standard working hours, location or traditional communication channels no longer apply. GreenX also empowers customers to make payments, submit VGM (Verified Gross Mass) and Bill of Lading instruction online, accelerating customers’ ability to manage all shipping procedures on one single digital platform.

Evergreen strives to deliver an integrated container logistics solution and bring enterprise shippers a seamless experience throughout their supply chain. In addition to a digital booking platform, GreenX customers will be able to access trade services such as freight financing, insurance, customs brokerage, trucking and warehousing in the near future. Everything they need to move a shipment will be integrated into this logistics ecosystem.

At this initial stage, Evergreen Line will be offering GreenX facilities on routes from Asia to North America, Europe, Mediterranean, Latin America, Middle East, Australia, South Africa and Intra Asia trade lanes. The digital future will bring a whole new world of service levels, and it is just around the corner!

Learn more about GreenX, visit the website and contact your local sales representatives for further information (https://www.greenxtrade.com).

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AMERICAN CLUB ENJOYS A SOLID 2020 P&I RENEWAL

BOTH MUTUAL AND FIXED PREMIUM SECTORS RECORD CREDITABLE PERFORMANCES

AMERICAN HELLENIC HULL SEES SHARP INCREASES IN PREMIUM AND PROFITABILITY

RECENT RESULTS AUGUR WELL FOR FORTHCOMING YEAR AND BEYOND

  • Year-on-year premium revenue across Club’s mutual business remains flat at February 20.
  • Average rate per gross ton for Club’s mutual P&I business increases by 10% for 2020.
  • Year-on-year tonnage across Club’s mutual business declines by about 9% overall.
  • Loss ratio on continuing business improves yet again, implying favorable claims outlook.
  • Funds under investment generate a 10.6% return for 2019, best in a decade.
  • 2019 financial year surplus forecast to grow by over 20% over previous year-end.
  • Free reserves per ton expected to show considerable increase into first quarter of 2020.
  • Retained claims for 2019 track higher than 2018, while Pool exposures remain above trend.
  • Eagle Ocean Marine continues to make excellent progress in fixed premium sector.
  • American Hellenic Hull’s impressive 2019 results gain further momentum as 2020 begins.
  • Club sees bright future of expanding opportunities across all lines of business over the years ahead.

NEW YORK, FEBRUARY 24, 2020:  Despite challenging conditions in both the shipping and insurance sectors, the American Club enjoyed a solid performance over the 2020 P&I renewal season.  Both its mutual and fixed premium P&I portfolios acquitted themselves well, while American Hellenic Hull has continued to grow its premium and profitability, gaining yet further momentum since the beginning of the year.

Year-on-year premium for the Club’s mutual P&I class remained flat, while a small decline in revenue for its Freight, Demurrage and Defense (FD&D) business was matched by a commensurate increase in premium for charterers’ entries, so that total income on renewal will be virtually identical for 2020 to that of the previous year.

Premium attributable to renewing P&I entries for 2020 saw an increase, in cash terms, of approximately 1.5%.  However, taking into account increases in deductibles, in some cases significant, the modification of terms applying to the application of deductibles generally, and changes to other insurance conditions, the overall premium increase, as if expiring terms had prevailed, was closer to 5%.

Tonnage in the Club’s mutual P&I class declined by about 9% to approximately 17 million gt overall.  Its Freight, Demurrage and Defense (FD&D) entries also moved lower somewhat in tonnage terms, again by about 9%, to 10.7 million gt but, as mentioned above, almost all of this was offset by an increase in daily tonnage on risk in regard to the Club’s charterers business.

However, in consequence of the countervailing trends described above, and notwithstanding the Club’s decision not to apply a standardized, or general, increase for 2020, average P&I rates per ton on mutual business increased by about 10% year-on-year, an encouraging sign for the future.

The Club’s P&I business renewing into the 2020 policy year enjoys a trailing five-year loss ratio of only 41% compared with 48% twelve months earlier.  This suggests a positive trend for future losses, as an improving profile for continuing Members can be expected to moderate prospective exposures over the years ahead.

As to the performance of its funds under investment, the Club enjoyed a 10.6% return over the year to December 31, 2019, the best result in a decade.

Retained claims for 2019 are not emerging as favorably as they did in 2018, although they remain largely within the original budget set for the year.  Pool claims for 2019 are developing in an above-trend direction, similar to that for 2018, notwithstanding that the American Club, once again, had no claim on the Pool for its own account during the year.

Although the American Club’s year-end 2019 financials remain to be formally concluded, preliminary indications point to the positive development of certain important metrics.  Surplus is expected to grow by more than 20% by comparison with the previous year.  Free reserves per ton for 2020 are also forecast to rise, being likely to settle in the area of $4.15 on a statutory basis within the first quarter of 2020.

The American Club’s fixed premium brand, Eagle Ocean Marine (EOM), has continued to make progress into the beginning of 2020.  Premium for the 2019/20 policy period to date has grown by 23% over the figure for the previous year at the same point and is forecast to exceed $14.5 million in total for the current facility year, a record.

Aimed at the operators of smaller vessels in local and regional trades, with a substantial footprint in Asia, EOM continues to be a steady contributor to the American Club’s mutual membership, enjoying a cumulative combined ratio of about 77% since inception.  As the fixed premium P&I space continues to undergo transition and realignment, the attraction of EOM as a haven of stability, and the gold standard for service provision, will continue to energize its development.

American Hellenic Hull, the Club’s hull and war risks underwriting subsidiary, has performed conspicuously well over the past twelve months.  Preliminary results for the financial year to December 31, 2019 disclose sharp increases in both revenue and profitability, buoyed by higher levels of market pricing.

Earned premium grew by about 90% over the previous year to approximately $16.7 million in 2019, while pure underwriting profit rose by about 400% to $3.6 million.  The bottom-line result for 2019 was marginally below break-even, a notable improvement on the comparatively small, but inevitable, losses sustained during the company’s start-up period.

Indeed, the strong earnings generated by American Hellenic Hull in the second half of 2019 have gained yet further momentum into the early part of the current year, with tonnage insured, underwriting income, operating profitability and balance sheet strength all maintaining an impressive upward trajectory.

Commenting upon the confluence of these positive trends across the American Club’s diversified portfolio of interests, Joe Hughes, Chairman and CEO of SCB, Inc., the Club’s managers, said:  “Although difficult business conditions prevail in both the shipping and insurance sectors, the American Club’s recent experience has been highly encouraging.  The 2020 renewal of the Club’s mutual P&I and FD&D entries proceeded in a very respectable direction, while both EOM and American Hellenic Hull have performed with real distinction over recent months.

“My colleagues and I see exciting prospects ahead of us.  We live in challenging times, but we are certain that the difficulties of the present will generate opportunities for the future.  These opportunities will be found across the increasingly broad marine insurance landscape which the American Club, by virtue of its diversified capabilities, is now richly equipped to develop over the years to come.”

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/

P&I Insurance

Protection and Indemnity insurance (commonly referred to as “P&I”) provides cover to shipowners and charterers against third-party liabilities encountered in their commercial operations; typical exposures include damage to cargo, pollution, death/injury or illness of passengers or crew or damage to docks and other installations.

Running in parallel with a ship’s hull and machinery cover, traditional P&I cover distinguishes itself from usual forms of marine insurance by being based on the not-for-profit principle of mutuality where Members of the Club are both the insurers and the assureds.

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Dachser delivers new glass for Big Ben

From the Upper Palatinate to London: DACHSER delivers plate glass hand blown by glassworks Glashütte Lamberts to the UK. The destination of the safely packaged glass panes is none other than the world-famous Elizabeth Tower in London.

Glashütte Lamberts reproduced the glass plates for the newly renovated Big Ben dial.

The Elizabeth Tower, or Big Ben as it is more commonly known, is one of London’s most famous landmarks. Its four striking clock faces, each seven metres in diameter, also gave it its name “the Clock Tower.” The iconic symbol is currently undergoing renovation work; it is set to chime again in all its glory by 2021. Renovation work is also being carried out on the glass dials using glass plates from Waldsassen in Germany’s Upper Palatinate region, where Glashütte Lamberts faithfully reproduced Big Ben’s dial and produced 1,300 glass plates for the famous tower by hand. “It is one of the most famous landmarks in the world. And it’s especially moving to think that we’re the ones making the glass for it. It’s something we are proud of,” says Robert Christ, Head of Marketing at Glashütte Lamberts.

Also already in use for Buckingham Palace

The company’s logistics partner DACHSER handles transportation from the Upper Palatinate to Dartford near London. Transporting this fragile glass freight requires no small amount of precision and expertise. But the experts at DACHSER make sure everything goes to plan and arrives at its destination undamaged.

“It is one of the most famous landmarks in the world. And it’s especially moving to think that we’re the ones making the glass for it. It’s something we are proud of.” Robert Christ, Head of Marketing at Glashütte Lamberts.

After all, they already have the necessary experience: DACHSER Logistics Center Hof delivered glass made by the long-established company to the UK for Buckingham Palace. “We’ve been working with Glashütte Lamberts since 2009 and serve them in other European countries,” says Angela Puchtler, Sales Executive at DACHSER Logistikzentrum Hof.

DACHSER supplies mouth-blown flat glass to England for the glassmaker Glashütte Lamberts.

342 glass plates become a dial

Safely packed into wooden crates and palleted for transportation, the glass plates make their way via direct transport to their famous installation site in London, where a British company cuts them to the exact size to fit the tower’s clock face. As of next year, about 1.300 glass plates from Bavaria will adorn what is probably the most famous tower in England. “We work together with our customers to develop transport solutions for very specific requirements such as these,” Puchtler says. “And it goes without saying that we’re rather proud that we, as logistics specialists, have played a part in restoring the Elizabeth Tower to splendor.”

ENDS

https://www.dachser.com/en/mediaroom/New-glass-for-Big-Ben-3874

About Dachser:

A family-owned company headquartered in Kempten, Germany, Dachser offers transport logistics, warehousing, and customer-specific services in two business fields: Dachser Air & Sea Logistics and Dachser Road Logistics. The latter consists of two business lines: Dachser European Logistics and Dachser Food Logistics. Comprehensive contract logistics services and industry-specific solutions round out the company’s range. A seamless shipping network—both in Europe and overseas—and fully integrated IT systems ensure intelligent logistics solutions worldwide.

Thanks to some 30,600 employees at 399 locations all over the globe, Dachser generated consolidated net revenue of approximately EUR 5.6 billion in 2018. That same year, the logistics provider handled a total of 83.7 million shipments weighing 41.3 million metric tons. Country organizations represent Dachser in 44 countries.

For more information about Dachser, please visit www.dachser.com

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