The Swedish Club point Bridge crew in the right direction
Containers tumbling into the sea, environmental damage – with reports of navigational error a seeming fact of life The Swedish Club has launched a new edition of Navigational Claims, which aims to provide an insight into the causes of these incidents and offers comprehensive loss prevention advice in order to avoid them.
The Swedish Club’s Loss Prevention team has reviewed its claims history, using its comprehensive bank of statistics to publish an insight into the latest trends, provide detailed case studies, highlight relevant International Regulations for Preventing Collisions at Sea (COLREGS), and share commentary from a qualified pilot with first-hand experience of issues during port transit.
With navigational errors contributing to almost a third of the Club’s H&M claims portfolio, Lars A. Malm, Director Strategic Business Development & Client Relations at The Swedish Club, is in no doubt as to the seriousness of these incidents: “Collisions, contact, groundings – even the loss of the Costa Concordia, the most expensive marine insurance claim in history, and a tragic loss of life - was due to navigational error,” he says.
“We have seen, and continue to see, that many such incidents are caused by ‘the human element’ - individuals and teams making serious misjudgements in situations that could not be described as extreme.”
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Notes to Editors
The Swedish Club was founded by shipowners in 1872 and is today a leading and diversified mutual marine insurance company, owned and controlled by its members. The Club writes Protection & Indemnity, Freight, Demurrage & Defence, Hull & Machinery, Hull Interests, Loss of Hire, War Risks, and any additional insurances required by shipowners or charterers. It also writes Hull & Machinery, War risks and Loss of Hire for Mobile Offshore Units and FPSOs.
Its head office is located in Gothenburg, Sweden, with branch offices in Piraeus, Hong Kong, Tokyo, Oslo and London.